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

Reinsurance Prices Flat Except in Catastrophe Regions: Aon

First quarter catastrophes didn’t halt decreases in most U.S. reinsurance renewal programs, except in regions hard hit by significant catastrophe events, according to a report by a leading reinsurance intermediary. However, reinsurance renewals for the rest of the year may …

Exxon Says 40 Montana Properties Damaged by Oil Spill

About 40 Montana landowners have reported contamination of their property by crude oil spilled from a ruptured Exxon Mobil pipeline into the flood-swollen Yellowstone River over the weekend, the company said Wednesday. As the scope of property damage came into …

Sutika Joins BB&T Insurance Services of Orange County

Twenty-year industry veteran, Melinda Sutika, joined Fullerton, Calif.-based BB&T Insurance Services of Orange County as an account executive and team lead in employee benefits. In this position, Sutika will be responsible for employee benefits client service and strategic management in …

Expected Summer Floods Could Set Record

With rivers still running above flood stage and soils saturated, forecasters predicted Wednesday this summer flooding season could rival the worst in U.S. history. In the “Great Flood of 1993,” record-breaking floods from April to August cost more than $25 …

Hankin Joins DeCotis as Senior Account Exec

Rhode Island-based agency DeCotis Insurance Associates has named Joshua Hankin as senior account executive. He will be responsible for the growth and development of professional liability lines of insurance throughout New England. He will be based in Braintree, Massachusetts. Most …

Keystone Signs New Tennessee Franchise Partner

Swallows Agencies of Cookeville has become a franchise partner of Keystone Insurers Group in Tennessee. The Swallows Agencies has four locations in north central Tennessee: Cookeville, Sparta, Livingston and Smithville. The Northumberland, Pennsylvania-based Keystone is owned by its franchise partners …

Kentucky Police Say Texting While Driving Law Tough to Enforce

Kentucky police agencies say the commonwealth’s texting-while-driving statute is well intended, but difficult to enforce. The law took effect a year ago, but officers issued only verbal warnings for the first six months. Citations and fines have been handed out …

Pennsylvania Lawsuit Seeks GM Repairs of 400,000 Impalas

General Motors Co. has been sued by a Pennsylvania woman seeking to force the U.S. automaker to fix rear-end problems on more than 400,000 Chevrolet Impala vehicles for 2007 and 2008 model years. In 2008, GM told dealers to replace …

Demolition of Flooded Homes on Iowa Island Begins

Contractors have started tearing down homes damaged in 2008 by flooding on San Souci Island in Waterloo, Iowa. Twenty houses in the island were turned over to the city in a $4 million buyout program authorized by the Federal Emergency …

Brown Joins RSA Board as Executive Director

The UK’s RSA Insurance plc announced the appointment of Adrian Brown to its Board as an Executive Director as of July 5, 2011. He has been Chief Executive of the Group’s UK business since September 2008 and currently sits on …