Monthly Archives: <span>March 2011</span>

Declarations

Presumably Watson “I could actually envision an agent or an executive literally referring to the system in the presence of the consumer or the trainee, saying, ‘Hey, I don’t know this. I’m not positive about that. Let’s ask Watson. ‘Hey, …

Business Moves

MMA, Kinloch Marsh & McLennan Agency (MMA), the retail unit of Marsh, has acquired the Boston office of Kinloch Consulting Group Inc., the employee benefits division of Kinloch Holdings Inc. Terms of the transaction were not disclosed. Kinloch Boston — …

PCI Opposes Legislation to Ban Use of Insurance Scores in Nevada

Proposed legislation to prohibit insurers from considering a consumer’s credit history would take away discounted rates for the majority of Nevada policyholders, according to the Property Casualty Insurers Association of America (PCI). PCI testified recently before the Nevada Assembly Commerce …

Specialty Insurance Managers Launches Energy Division, Program

Austin, Texas-based Specialty Insurance Managers Inc. announced it has created a new Energy Division and hired Randy Bila as lead underwriter/broker. Bila has headed SIM’s general lines department for 19 years. Commercial general liability minimum premiums are as low as …

Business Moves

Hylant Group, Creative Benefits Systems Ohio-based Hylant Group, one of the largest privately owned insurance brokerage firms in the nation, recently acquired a substantial portion of Creative Benefits Systems (CBS), an employee benefits provider in Grand Rapids, Mich. The acquisition …

Interstate Insurance Management Promotes Four

Pennsylvania-based managing general underwriter Interstate Insurance Management has made several promotions. Larry E. DeFrances has been named executive vice president, commercial auto underwriting manager – U.S. operations. DeFrances is responsible for implementing all aspects of the company’s commercial automobile underwriting …

Medicus Insurance Lowers Liability Rates 20% in Missouri

Medical professional liability insurance provider, Medicus Insurance Co., announced it has lowered its base rates an average of 20 percent for medical professionals in Missouri. This rate decrease demonstrates Medicus’ commitment to supporting medical professionals with affordable, quality insurance and …

Bill Banning Texting While Driving Advances in Oklahoma

Under legislation approved by a House committee, beginner drivers could face hefty fines and possibly lose their driving privileges if caught texting while driving. Rep. Danny Morgan’s measure, House Bill 1316, will make it a criminal violation for all persons …

Supreme Court Ruling Shields Vaccine Makers from Suits

The U.S. Supreme Court ruled in a case originating in Pennsylvania that federal law shields vaccine makers from product liability lawsuits in state court seeking damages for a child’s injuries or death from a vaccine’s side effects. The high court …

Rising Seas Could Threaten 180 U.S. Cities by 2100

Rising seas spurred by climate change could threaten 180 U.S. coastal cities by 2100, a new study says, with Miami, New Orleans and Virginia Beach among those most severely affected. Previous studies have looked at where rising waters might go …