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

Hub to Acquire South Carolina’s First Southeast Insurance

Hub International Limited plans to acquire First Southeast Insurance Services, Inc. (FSIS), an insurance brokerage firm headquartered in Charleston, South Carolina with four operating units in North and South Carolina. FSIS will become a new regional platform doing business as …

Connecticut Couple Wins $58M Malpractice Award

A jury awarded a Connecticut couple $58 million after their baby was born with severe injuries in what the couple’s attorneys called the largest medical malpractice verdict in state history. The jury in Waterbury Superior Court reached the verdict in …

Joplin Tornado Death Toll Rises; Engineers Assess Hospital Damage

Rescue and recovery work in Joplin, Missouri was shadowed by uncertainty as crews still hoping to find survivors combed areas that had already been searched several times and engineers entered the battered Joplin hospital where the tornado killed five to …

DuPont Moves to Block ‘Double-Dipping’ by West Virginia Plaintiffs

DuPont wants a judge to deny plaintiffs in a West Virginia personal injury case the right to enroll in a related, court-administered medical monitoring program, arguing there’s no point in testing for early detection of illnesses if they’re already sick. …

Drunk, Joyriding Husband Covered by Insurance in Michigan for Crash

A western Michigan man excluded from his wife’s insurance policy still is eligible for benefits in a drunken crash, thanks to a line of court decisions that covers joyriders from the same family. The state appeals court this week reluctantly …

States Hit Hardest by Recent Tornadoes Among Least Insured

Many of the states hammered by what’s already the deadliest year for tornadoes in more than half a century have among the nation’s highest rates of homes without hazard insurance despite being among the most twister-prone, data analyzed by The …

Ratings: Tunis Re, Endurance (shares), LAPP, Electro Re/First Beacon, National General

A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Société Tunisienne de Reassurance (Tunis Re), and has assigned …

Main Join’s Aon in Pittsburgh

Aon Risk Solutions named Randy Main senior consultant of health and benefits in the firm’s Pittsburgh office. Main will advise clients on issues related to financial measurement and cultural assessment, consumerism solutions, tactical vendor management and effective benefit administration. With …

Confie Seguros Buys Two New Jersey Agencies

Confie Seguros has acquired two New Jersey insurance brokerages – Royale Insurance and First Americano Insurance Agency. The agencies’ founder and CEO, Remberto Perez, will continue to serve as head of the two companies for Confie Sefuros, a national personal …

AuclaireRe Hires Young to Expand Reinsurance Operations

Reinsurance intermediary firm AuclairRe International, Inc. announced the expansion of its reinsurance practice with the addition of Rory Young as Senior Vice President, Life Accident & Health. He was formerly Director of Business Development at The Network in Norcross, Georgia, …