An Alabama appeals court has ruled in favor of an Anniston newspaper that was sued by a city councilman who claimed he was libeled in a story published in February 2009. The Alabama Court of Civil Appeals upheld a lower …
Insurance Superintendent Mila Kofman will step down from the Maine Bureau of Insurance at the end of the month. Kofman has served as superintendent since March 2008. Prior to state service, Kofman was on faculty at Georgetown University and had …
New Jersey-based New Day Underwriting Managers has promoted John Heft to senior vice president, director real estate practice. The 20-year industry veteran joined New Day in 2006, and has developed and managed the company’s real estate book of business, identified …
Citigroup Inc. officials, including Chief Executive Vikram Pandit, won the dismissal of a shareholder lawsuit accusing them of turning a blind eye to the increased mortgage risks the bank was assuming in 2007. U.S. District Judge Sidney Stein in Manhattan …
The U.S. government is suing Starbucks, saying the coffee company fired a barista in El Paso, Texas because she is a dwarf. When the employee asked for a stool or small stepladder to perform her job, Starbucks denied the request …
California workers’ compensation insurers’ total direct written premium (DWP) rose 3.1 percent to $7.1 billion last year, according to data from the National Association of Insurance Commissioners (NAIC) posted by the California Department of Insurance, the California Workers’ Compensation Institute …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Bermuda-based Montpelier Reinsurance Ltd. and its wholly owned subsidiary, Montpelier US Insurance …
Cooper Gay Swett & Crawford Ltd (CGSC) announced the establishment of a specialist marine insurance broker, Junge Verzekeringsmakelaars NV, in Antwerp. The office is part of Junge & Co, which is affiliated with CGSC. The business will trade as Junge …
London-based broker Cooper Gay announced that it has restructured its UK business, Cooper Gay & Co Ltd, into three core trading units to form a stronger and more streamlined platform for growth. The UK business is part of Cooper Gay/Swett …
London-based broker Miller announced that it has created a new international platform for its binding authority business with the formation of a specialist binding authority team. “The team will be based in London and will be led by Jonathan Sale …
