Monthly Archives: <span>January 2012</span>

New Orleans Settles Claims Police Ignored Threats

The city of New Orleans has agreed to pay $25,000 to settle a federal lawsuit that accused police of ignoring a woman’s complaint that her ex-husband threatened her two weeks before he killed her and a friend, a spokesman for …

Willis Rebrands Executive Risks as FINEX North America

Willis North America is rebranding its Executive Risks Practice as FINEX North America, which mirrors the name of its global management liability unit, FINEX Global. New York-based FINEX North America specializes in directors and officers, networks, fiduciary, employment practices and …

Penn.-based Glatfelter Acquires Faith-Based and Senior Living Programs

Glatfelter Program Managers, a program business division of Glatfelter Insurance Group in York, Penn., acquired senior living and religious organizations programs from Bunker Hill Underwriters Agency in Houston. The senior living book consists of all lines (except workers’ compensation) for …

Maine-based Workers’ Comp Insurer MEMIC Group Announces Promotion

The MEMIC Group, a workers’ compensation insurer headquartered in Portland, Maine, promoted Jeff Funk to the position of assistant vice president. MEMIC said Funk played an integral role in MEMIC’s expansion in southern New England and New York. In his …

N.Y.-based Sterling & Sterling Appoints Insurance Brokerage President

Woodbury, N.Y.-based Sterling & Sterling appointed industry veteran Leslie Nylund as president of the insurance brokerage. Nylund will be responsible for the firm’s operations, including sales, employee benefits, client services and senior carrier relationships. She will also oversee field offices …

Arthur J. Gallagher Acquires Capital Bauer Insurance in Albany, N.Y.

Itasca, Ill.-headquartered insurance brokerage giant Arthur J. Gallagher & Co. acquired Capital Bauer Insurance Agency in Albany, N.Y. The companies did not disclose terms of the transaction. Founded in 1957, Capital Bauer Insurance Agency is a retail insurance broker providing …

On-Duty Firefighter Fatalities Decreased in 2011

There were 81 on-duty firefighter fatalities in the United States as a result of incidents that occurred in 2011, a decrease from the 87 fatalities reported for 2010. The 81 fatalities occurred in 33 states, one U.S. territory, and one …

La Playa Insurance Introduces Yacht Coverage

La Playa Insurance will start providing coverage for yachts and other pleasure crafts after hiring Mike Taylor-West as head of Private Client & Marine. The brokerage, which has offices in London, Cambridge and New York, will access a variety of …

John Hancock Financial Joins Travel Insurance Marketplace

John Hancock Financial has entered the travel insurance marketplace. The company’s product will be distributed by John Hancock Insurance Agency and underwritten by Old Republic Insurance Co. of Greenberg, Penn. The new travel insurance product combines cancellation, interruption, medical, accident …

Honda Owner Bypasses Class Action in California, Hopes Others Follow

A woman who expected her 2006 Honda Civic Hybrid to be her dream car wants Honda to pay for not delivering the high mileage it promised. But rather than joining other owners in a class-action lawsuit, she is going solo …