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

Yung Named CEO at El Paso, Texas-Based JDW Insurance

W. Martin Yung has been selected chief executive officer for JDW Insurance, headquartered in El Paso, Texas. Yung is a shareholder and a member of the board of directors. He has served as president of the firm since February 2000, …

Starr Launches White-Collar Disability Coverage

Starr Indemnity & Liability Co. has introduced white-collar disability insurance for high-net worth individual and corporations. The carrier will underwrite the coverage for the program in conjunction with Pro Financial Services (PFS), a Chicago-based underwriter of specialty risk insurance throughout …

Maritime Program Group Introduces Motor Truck Cargo Coverage

Maritime Program Group (MPG) has launched an exclusive motor truck cargo program along with North American Specialty Insurance Co., a member of Swiss Re. The program will focus on risks with 1 to 15 units though it has the capability …

Driver Texting Ban Passes Alabama House, Moves to Senate

The Alabama House has voted to ban drivers from sending or reading text messages while operating a motor vehicle on Alabama roads. The bill passed the House on a 92-0 vote. It now goes to the Senate for debate. The …

Italian Prosecutors Expand Cruise Ship Investigation as More Bodies Found

Italian prosecutors placed four ship’s officers and three company executives under investigation on Wednesday in connection with the Costa Concordia cruise ship disaster as divers found eight more bodies on the wreck including that of a 5-year-old girl. The officers …

Massey Mine Superintendent Charged with Conspiracy in West Virginia Blast

The former superintendent of the West Virginia coal mine where 29 workers died in a 2010 explosion was charged on Wednesday with felony conspiracy by tipping off mine operators to safety inspections, allowing them to conceal dangerous violations, authorities said. …

Judge: BP, Anadarko, Transocean May Be Liable for Oil Pollution Claims

BP Plc and Anadarko Petroleum Corp. are liable and Transocean Ltd. may be liable for civil damages under federal pollution laws over the catastrophic 2010 Gulf of Mexico oil spill, a U.S. judge ruled. Wednesday’s decision by U.S. District Judge …

Judge Strikes Down Washington Law Mandating Pharmacists Sell Contraception

A federal judge ruled on Wednesday that Washington state cannot require pharmacists to dispense emergency contraceptives if to do so violates their religious beliefs. U.S. District Judge Ronald B. Leighton declared the state regulation unconstitutional because it trampled on pharmacists’ …

Struggling Floridians Line Up for Mortgage-Mending

Nearly 1,200 people lined up at a downtown Miami conference center on Wednesday, holding onto mortgage documents and income statements in the hope of saving the homes they are struggling to pay for. Seated at rows of long tables were …

ING to Sell 3 Asia Joint Ventures Separately from Other Assets

ING Groep NV is planning to sell its three Asian insurance joint ventures separately from its other Asia assets so that the overall sale is not held up by negotiations with partners, two sources with direct knowledge of the situation …