Yearly Archives: <span>2010</span>

Ahlborn Named Vice President, Treasurer of HCC Insurance Holdings

Frank H. Ahlborn has been appointed vice president and treasurer of Houston-based HCC Insurance Holdings Inc. Ahlborn joins HCC with more than 15 years’ experience in insurance product analysis and development, reinsurance funding solutions, fixed income structuring and capital raising. …

Cap on Fines Against Insurance Agents Rises in North Dakota

Possible insurance department fines against insurance agents who violate North Dakota laws governing their conduct are increasing from a maximum of $1,000 to $10,000 per incident. Insurance Commissioner Adam Hamm said the change was motivated by some high-profile cases that …

Flood Insurance Getting Cheaper in Lincoln, Nebraska

City officials in Lincoln, Neb., say an upgrade in Lincoln’s rating will save property owners more money on their flood insurance. A news release from the office of Mayor Chris Beutler says the city rating went from class 7 up …

Idaho Schools Among Driving Safety Grant Winners

Students at two high schools in southwestern Idaho are getting grants to launch campaigns aimed at preventing reckless teen driving. State Farm Insurance says Melba High School and Kuna High School are among the 20 schools in the Pacific Northwest …

Towers Perrin, Watson Wyatt Complete Merger

Towers Watson & Co. has completed the merger of Towers Perrin and Watson Wyatt. The transaction to form Towers Watson, a global professional services company, was announced on June 28, 2009. Watson Wyatt CEO John Haley will serve as Towers …

Andrews Joins Georgia’s J. Smith Lanier Agency

West Point, Ga.-based independent insurance brokerage J. Smith Lanier & Co. has hired Michael Andrews as director of Information Technology. Andrews has operated as an independent information technology consultant since 2007. He also worked as the program manager for the …

Connecticut Chiropractic Board to Consider Stroke Risk

Connecticut’s State Board of Chiropractic Examiners is considering whether to require chiropractors to warn their patients about a possible risk of stroke from neck manipulation. The board is holding a two-day hearing Tuesday and Wednesday at the Legislative Office Building. …

Suit: New York City Eatery Patron Hurt by Falling Moose Head

A Web designer says she was struck by the decor at a New York City restaurant — when it fell on her head. Raina Kumra says in a negligence lawsuit filed last week that a 150-pound stuffed moose head with …

Pennsylvania Zinc Plant Settles Pollution Lawsuit

The largest zinc producer in the United States and an environmental group have settled a federal lawsuit claiming the company polluted the Ohio River. Under the settlement with Clean Water Action, Horsehead Holding Corp. of Monaca will pay $15,000 for …

Main Street America Acquires Texas Surety Business from CAIC

Houston-based CAIC Holding Co.Inc. (CAIC) has sold its surety division to property/casualty insurance carrier The Main Street America Group, based in Jacksonville, Fla. The firms said the agreement is effective Jan. 4, 2010. Terms were not disclosed. Luis Bordes, CAIC …