June 13, 2011
A jellylike fuel made for ceramic firepots has been yanked from store shelves after a pair of explosions severely injured three people in New York. A 14-year-old Long Island boy nearly burned to death after a bottle of FireGel exploded …
June 13, 2011
A steak lunch at Smith & Wollensky in Manhattan starts at $36.50. The same lunch, eaten in the company of legendary investor Warren Buffett, costs approximately $2.63 million. That was the final result of the annual online charity auction for …
June 13, 2011
Transatlantic Holdings, Inc. and Allied World Assurance Co. Holdings, AG on Sunday signed a merger agreement that will create a leading, global specialty insurance and reinsurance company. The combined entity will have total invested assets of $21 billion, total shareholders’ …
June 13, 2011
Success Story to be Profiled Dallas, TX, 6/13/11 – The Entrepreneurial Insurance Symposium Alan Kaufman, Chairman and CEO of Burns & Wilcox will deliver a keynote presentation at MarketScout’s fifth annual Entrepreneurial Symposium, outlining the trial and tribulations he has …
June 13, 2011
IMS/London American announced that Jody L. Travis has joined the firm as a senior commercial underwriter. Travis has more than 20 years of insurance experience in the Houston area marketplace. Most recently he was the senior underwriter at Burns & …
June 10, 2011
The Insurance Professionals of San Joaquin County, Calif., a local chapter of the National Association of Insurance Women, International, installed new officers for the 2011-2012 term. Officers are: President Barbara Williams of Western Marine Insurance Services Corp.; Vice President Victoria …
June 10, 2011
A federal judge said Toyota owners outside California who seek to recover losses in their vehicles’ value resulting from unintended acceleration cannot pursue their claims under that state’s laws. Wednesday’s ruling by U.S. District Judge James Selna is a setback …
June 10, 2011
A federal court of appeals has overturned a lower court’s ruling that an “anti-ambulance chasing” bill in Texas is unconstitutional. The U.S. Court of Appeals for the Fifth Circuit determined that U.S. District Judge Lee Yeakel of Austin erred in …
June 10, 2011
NAS Insurance Services has launched its Data Security Risk Management Web site. The site offers up-to-date state and federal laws, compliance materials, training tools, and procedures to reduce insured’s exposure to data breaches and third party lawsuits. Policyholders who purchase …
June 10, 2011
The Employee Benefits Group division of the U.S. business group of Sun Life Financial, Inc. has launched a malpractice insurance reimbursement rider. The optional rider offers physician group long-term disability customers reimbursement of their malpractice insurance premium payments while they …