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

Democrat Fondren to Challenge Chaney in Mississippi Insurance Race

Incumbent Mississippi Insurance Commissioner Mike Chaney, a Republican, will face opposition in his bid for re-election. Louis Fondren, a Democrat, who ran for governor in 2007, is running against Chaney. Fondren, an attorney and real estate broker, is a former …

Mississippi Governor Urges Court to Uphold Damages Cap

Gov. Haley Barbour has asked the Mississippi Supreme Court to uphold the constitutionality of a state law that limits non-economic damages in civil cases. Barbour contends in court documents filed this week that Mississippi’s tort reform measures, passed in 2004, …

London Ship Insurers Add Libya to ‘High-risk’ List

London’s marine insurance market has added Libya to a list of areas deemed high risk as violence escalates in Africa’s third-largest oil producer, a senior market official said on Friday. Libyan rebels vowing “victory or death” advanced towards the major …

West Virginia Backs Workers’ Compensation for Volunteer Firefighters

West Virginia lawmakers appear willing to help the state’s volunteer fire departments with their workers’ compensation expenses. The House and Senate exchanged bills this week that would dedicate insurance policy surcharge revenues toward these costs. The volunteer departments are bracing …

Markel International Expands in Spain with Barcelona Office

Markel International EspaƱa, the Spanish operation of the specialist insurer Markel International, has opened an office in Barcelona to work alongside its Madrid office, which opened in 2005. Markel’s business in Spain has “grown significantly” since then, and “this performance, …

Turner Joins XL as Product Recall Manager

Insurer XL has added John Turner as Product Recall Manager for North America. Turner, based in New York, has more than 20 years of insurance market experience, including multi industry product recall and product liability cover in North America. Most …

Aon Adds Three Execs in Tri-State Region

Aon Risk Solutions added three new execs to its Greater New York business development team. Sonia Pollock and Michael D. Lezynski join Aon as senior vice presidents, and Christine Moran joins as a managing director. Pollock, a 24-year industry veteran, …

House Votes to Repeal Healthcare Law’s 1099 Reporting Measure

The U.S. House of Representatives voted Thursday to rescind an unpopular business tax reporting requirement in the year-old healthcare law, but the measure could be delayed by a dispute with Senate Democrats over how to pay for it. The House …

Judge Stays Healthcare Ruling, Gives White House Appeal Deadline

A U.S. judge Thursday put on hold his ruling that President Barack Obama’s healthcare overhaul was unconstitutional, allowing the White House to continue implementing the landmark legislation for now. But U.S. District Judge Roger Vinson failed to dispel widespread uncertainty …

Aon Promotes Three in Technology Solutions Business

Insurance broker Aon has promoted three execs within its technology solutions business, Aon eSolutions. Ritza Vaughn has been promoted to global product director of claims. She will lead product planning and strategic development in this area. Vaughn previously served as …