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

European Central Bank Head Warns of Widening Global Imbalances

European Central Bank President Jean-Claude Trichet on Sunday raised concerns about widening global imbalances after the financial crisis, calling them one of the main challenges for the global economy. Global imbalances were blamed for contributing to and aggravating the financial …

Liberty International Sponsors UK Charity Soccer Match

The Teenage Cancer Trust and the Make a Wish Foundation have benefitted to the tune of £22,500 [$36,461] – £15,000 [$24,305] and £7,500 $12,152] respectively – following a charity football (soccer) match organized by Liberty International Underwriters, the Liberty Mutual …

Wave of Lawsuits Hits Calif. Retail Stores

Retail store operators may want to sit down for this one — if they can find a chair. Nearly every national chain is under legal attack in California for failing to provide “suitable seating” for cashiers and other employees who …

Zurich to Acquire Malaysian Assurance Alliance Berhad

Zurich Financial Services Group announced that its subsidiary, Zurich Insurance Company Ltd., has signed an agreement to acquire 100 percent of the share capital of Malaysian Assurance Alliance Berhad (MAAB), a Malaysian composite insurer. Zurich is acquiring the company from …

Digital Insurance Acquires Agencies in Illinois and Arizona

Digital Insurance Inc., an employee benefits agency specializing in insurance for small businesses and mid-sized companies, has acquired Employee Benefits by Design in Chicago and Strategic Benefits Consultants (SBC) in Scottsdale, Ariz. The principals and team members of both firms …

The National Alliance Names Outstanding State CSRs

The National Alliance for Insurance Education & Research named this year’s state winners who will represent their states and compete to become the National Outstanding CSR of the Year. The award recognizes the contributions and commitment of customer service representatives …

Whistleblower Sues N.H. Insurance Regulators

A health policy analyst with the New Hampshire Insurance Department who was fired after challenging her bosses over a federal health care contract is now suing them under the state’s whistleblower statute. Concord attorney Chuck Douglas told The Associated Press …

Some evacuees in AZ, NM Return Home From Wildfires

Some residents evacuated because of wildfires in Arizona and New Mexico were allowed to return to their homes as firefighters battled strong winds and hot weather to try to keep more houses, dry forests and stretches of high desert from …

Koehler Picked to Lead BancorpSouth Insurance Services Houston Office

Fritz Koehler has joined BancorpSouth Insurance Services Inc. as the managing director of its Houston office. BancorpSouth purchased Koehler’s book of business from his agency Fritz Koehler Insurance & Risk Management and selected him to head the Houston operations. With …

Champion Risk & Insurance Preferred Vendor for Moving & Storage Group

Champion Risk & Insurance Services L.P. of Carlsbad, Calif., has formed a partnership with the American Moving & Storage Association (AMSA) to serve as a preferred vendor for insurance products and services. Champion Risk & Insurance Services, an affiliate of …