March 16, 2011
The number and strength of earthquakes in central Arkansas have noticeably dropped since the shutdown of two injection wells in the area, although a state researcher says it’s too early to draw any conclusions. “We have definitely noticed a reduction …
March 16, 2011
Privately owned insurance brokerage firm Hylant Group has added two insurance industry experts to its Chicago office. Neil Silverblatt has joined the Property & Marine Risk Practice as client service executive and Joel Speckman has joined the Surety Risk Practice …
March 16, 2011
Oklahoma State Rep. Joe Dorman wants to study an idea brought to him by a constituent that the lawmaker said could lead to significant workers’ compensation reform and help boost business growth and economic development in the state. “A constituent …
March 16, 2011
New York-based Integro has acquired Windward International Inc., a marine insurance broker based in New Jersey. Terms of the deal were not disclosed. Windward International Inc. has developed a significant subspecialty in brown water coverage, the industry term for inland …
March 16, 2011
A new report from A.M. Best notes that Panama’s insurance market is the largest in Central America, and is expected to continue to produce significant premium growth in the next few years. Best noted that the “expansion of the Panama …
March 16, 2011
Bermuda-based Montpelier Re Holdings announced that its preliminary pretax net loss estimate from the February New Zealand earthquake will be around US$75 million, net of reinstatement premiums. The Company added that its figure “assumes a US$12 billion industry loss.” Montpelier …
March 16, 2011
Of the 43 million working-age adults who lost jobs during the recession in the past two years, about nine million, or 20 percent, ended up without insurance, according to a new study. The nine million left without insurance represented 57 …
March 16, 2011
Mickey Hale, the manager of a store that sells all-terrain vehicles, says manufacturers encourage consumers to get training before taking ATVs for a spin. “I don’t think there’s anything wrong with safety. Getting consumers to do it is another story,” …
March 16, 2011
Gov. Paul LePage is keeping Anne Head in his Cabinet as commissioner of the Department of Professional and Financial Regulation. Head, of Yarmouth, was appointed by former Gov. John Baldacci in August 2008. LePage said Monday that Head has a …