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

Kentucky County Halts Program for Uninsured Drivers

Judges in Kentucky’s Jefferson County have stopped a program giving drivers without insurance a way to avoid a hefty fine because court officials say it nearly impossible to monitor the growing number of participants. The Insurance Diversion Program ended in …

China Approves Capital Increase for Liberty Mutual China Subsidiary

Liberty Insurance Company Limited (LICL) has been granted approval by the China Insurance Regulatory Commission (CIRC) to increase its registered capital by $17.5 million. LICL is a wholly owned subsidiary of Liberty Mutual Insurance Co. and part of the Liberty …

More Workers May Exceed Japan’s Radiation Limit

Six more workers at Japan’s tsunami-damaged nuclear power plant may have exceeded the radiation exposure limit, bringing the total to eight, the government said this week. The health and labor ministry released the preliminary results of tests on how much …

Draft Data Breach Bill Requires Quick Disclosure

Draft legislation is being circulated in Congress that would require firms to make reasonable efforts to secure customers’ personal data and to provide quick disclosures in the case of a data breach. U.S. Representative Mary Bono Mack, who has held …

Pennsylvania Hospital Sued over Exhumation

A woman is suing a northwestern Pennsylvania hospital, saying she was subjected to emotional distress because the facility didn’t order an autopsy of her daughter, forcing the body to be exhumed 43 days later. Kelli Combs Meerhoff wants at least …

United Frontier Now an MSO Member

United Frontier Mutual Insurance Co. is now a member of Mutual Service Office Inc. (MSO), a New Jersey-based rating service bureau. United Frontier, based in Lockport, N.Y., is a P/C insurer that was founded in 1877 as The Farmers Mutual …

Arthur J. Gallagher Buys Florida’s Bushong Agency

Illinois-based global insurance broker Arthur J. Gallagher & Co. has acquired Bushong Insurance Associates Inc. in Ponte Vedra Beach, Florida. Terms of the transaction were not disclosed. Founded in 2000, Bushong is a retail insurance broker providing commercial property/casualty and …

Anthony Clark Sells Southern California Agency

Calgary, Alberta, Canada-based Anthony Clark International Insurance Brokers Ltd., has announced the sale by its United States subsidiaries Addison Low Cost Insurance Brokers Ltd. and Addison Bay Insurance Brokers Ltd. of the fixed assets and customers accounts of the Southern …

Aon, Global Excess Partners, Terminix Partner to Deal with Bed Bugs

According to a survey released earlier this year by the National Pest Management Association, one out of five Americans has had a bed bug infestation in their home or knows someone who has encountered bed bugs at home or in …

Supreme Court Defines Primary Liability in Mutual Fund Prospectus Case

Janus Capital Group Inc. and a subsidiary cannot be held liable in a lawsuit by shareholders over allegedly false statements in prospectuses for several Janus mutual funds, the U.S. Supreme Court ruled Monday. By a 5-4 vote in a narrow …