July 12, 2011
Allianz Global Corporate & Specialty (AGCS) has confirmed new CEOs from within its existing management team for two of its most important regions. As of October first, Carsten Scheffel, currently CEO of AGCS for the Americas region, will move to …
July 12, 2011
Marsh has created a new form of insurance protection designed to provide coverage for Foreign Corrupt Practices Act (FCPA) investigations. Developed by Marsh’s Financial and Professional Liability Practice (FINPRO), FCPA Corporate Response provides cost of investigation coverage for both individuals …
July 12, 2011
Independent insurance agents are raising concerns over a General Motors promotion that offers car buyers in the Pacific Northwest a year of free liability and damage insurance from MetLife Auto & Home. Hoping to put more drivers in Oregon and …
July 12, 2011
Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during May 2011 include six license revocations, two license denials and fines and restitution totaling $217,756. An order imposing disciplinary measures becomes final 20 days after the agent …
July 12, 2011
The Oklahoma Insurance Department has revoked the license of an insurance producer after the individual pleaded to a crime related to the breach of fiduciary trust. The department issued the emergency revocation of the license of Tiffany Lynn Lewis on …
July 12, 2011
Third Coast Underwriters, a specialty markets operation that offers workers’ compensation insurance for underserved markets that have complex risks, has appointed Gordon Greig as senior claims examiner for the Gulf Region. Greig is a licensed attorney admitted to practice law …
July 12, 2011
A central Florida high school student is suing the school board, claiming officials should have intervened before his teacher gave him alcohol and then let him drive home drunk. Nineteen year-old Dylan Ferguson said his teacher gave him alcohol because …
July 12, 2011
Austell, Georgia Mayor Joe Jerkins says the demolition of 19 flood-damaged homes purchased by the city could begin later this month. The Cobb County city is accepting bid proposals for asbestos removal and demolition for the homes it purchased under …
July 12, 2011
The trade group Property Casualty Insurers Association of America (PCI) has hired Randi Cigelnik as its new senior vice president, corporate secretary and general counsel effective Aug. 1. Most recently, Cigelnik served as general counsel for AXIS Capital’s Ireland and …
July 12, 2011
Ethics questions are being raised over a Missouri state senator’s handling of a medical malpractice insurance bill. The Kansas City Star reported that Sen. Rob Schaaf, the vice chairman of the committee where the bill died, has a business that …