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

Willis Re Sees Reinsurers Reacting as $48 Billion Losses Take Their Toll

The Willis Re’s 1st View Renewals Report for June/July 2011, entitled – “Mixed Messages“- estimates that “a string of natural catastrophes in the first quarter of 2011 has cost reinsurers in the region of 10 percent of their total shareholders’ …

Wildfire Still Threatens Los Alamos Nuclear Facility

Wildfire is threatening Los Alamos National Laboratory in northern New Mexico, and has burned more than 10,000 acres, local officials report. Although an increase in humidity early Tuesday was a short-term benefit, rounds of gusty winds are expected through Thursday, …

Towing, Recovery Coverage Now Offered by Five Star Specialty Programs

Five Star Specialty Programs, a division of Crump Insurance Services, Inc., and part of Crump Group, Inc., has launched towing and recovery coverage, designed for professional towing and repossession industries. The coverage is available through Five Star and Crump Insurance …

Survey: Law Firms Face Rising Number of Malpractice Claims

The recent economic recession and prolonged real estate market slump are triggering a rise in the number of malpractice or professional liability claims lodged against law firms this year. A new study by insurance broker Ames & Gough finds lawyers’ …

Union City School Reaches Deal in Harassment Suit

A Union City, Calif., school district has tentatively agreed to pay $725,000 to settle a lawsuit by African American students who said school officials failed to protect them from racial harassment and violence. An attorney for the 12 students and …

CMR Risk Establishes Quarterly Charity Program

CMR Risk & Insurance Services Inc. of San Diego has instituted a quarterly “give back to the community” donation where employees choose the local charity. The first presentation was made on June 29, 2011, to the Alpha Project for the …

Utah Underwriters Society Names New Officers

The Chartered Property Casualty Underwriters Society Utah Cchapter has installed its 2011-2012 officers. They are: President Glen Kuball, Vice President, Underwriting, Workers Compensation Fund; Vice President, Lee Wuchner, assistant vice president, Risk Management, Workers Compensation Fund, Sandy, Utah; Secretary Stuart …

Man Sues Catholic Diocese in Texas on Abuse Claims

A man who alleges he was sexually molested by a Catholic priest in the 1970s has filed a civil lawsuit against a West Texas diocese and the Jesuits, claiming the defendants knew or should have known of the abuses and …

Despite Arrests, Robberies Continue in Arkansas City

Little Rock police have arrested a suspect in at least two of the recent robberies that have left convenience store and fast food restaurant operators on edge. Police said that 22-year-old David Henry Johnson of Little Rock turned himself in …

Freeway Insurance Promotes Trachtman to Chief Administrative Officer

Freeway Insurance, a California provider of non-standard auto insurance and a subsidiary of New York-based Confie Seguros, announced today the promotion of Alex Trachtman to chief administrative officer from his previous position as chief financial officer. Replacing Trachtman as CFO …