May 17, 2011
The key waterway for U.S. grain exports was cut off Monday when the U.S. Coast Guard closed the Mississippi River near Natchez, Mississippi. The Coast Guard said 15 miles of the Mississippi was closed to all traffic to protect ships …
May 17, 2011
Owners of Toyota Motor Corp. vehicles that were recalled over unintended acceleration may pursue claims against the automaker that the problem caused the value of their cars to fall, a federal judge ruled Monday. U.S. District Judge James Selna in …
May 17, 2011
The UK’s BMS Group announced that its Lloyd’s Managing General Agent subsidiary, Pioneer Underwriting and JH Intermediaries have added two new employees: John Andrews, as Business Development Director and Jade Bolton, as Business Development Assistant. BMS noted that it had …
May 17, 2011
Willis Group Holdings has announced the appointment of Sean B. Rider to the newly created post of Managing Director, Sales and Consulting, Willis Global Captive Practice. He will be responsible for “developing and executing global marketing strategies, captive consultancy offerings, …
May 17, 2011
There is “growing pressure” to support increased rates in property/casualty insurance and reinsurance markets, rating agency A.M. Best has concluded in its most recent market analysis. As a consequence, Best said it is maintaining its stable rating outlook for the …
May 17, 2011
According to a bulletin on its web site, the Insurance Council of Australia has released updated figures on “how the general industry has responded to the enormous task of assessing over 118,000 insurance claims received as a result of the …
May 17, 2011
San Diego, CA, 05/17/11 – ARROWHEAD General Insurance Agency, Inc., one of the nation’s largest property and casualty insurance program managers, is pleased to announce the acquisition of the specialty insurance agency, Trafalgar Marine Insurance Services, Inc. The acquisition represents …
May 17, 2011
A Pinellas County, Florida judge dismissed a lawsuit filed by Terry Bollea, better known as celebrity wrestler Hulk Hogan, in a matter stemming from his son’s 2007 car crash that left passenger, Nick Graziano, with permanent brain damage. Though umbrella …
May 17, 2011
The Illinois Workers’ Compensation Commission announced that Ron Rascia has joined the organization as legal counsel and Mark Kimmet has been named internal auditor. Rascia previously worked for the Illinois Attorney General for nine years as a supervising attorney in …
May 17, 2011
The Association of California Insurance Companies (ACIC) has named Armand Feliciano vice president. He has 17 years of legal, regulatory and legislative advocacy experience in California. He will be responsible for government affairs outreach on personal lines issues and regulatory …