March 21, 2012
HCC Insurance Holdings Inc., headquartered in Houston, appointed William N. Burke to serve as executive vice president and chief operating officer of HCC effective March 24, 2012. HCC also said it expects Burke will be appointed to serve as president …
March 21, 2012
Famed investment banking and securities firm Goldman Sachs is planning to get into the financial guarantee insurance market, according to a media report. Financial Times reported this week that Goldman Sachs had placed ads to hire New York-based staff for …
March 21, 2012
It looks like the courtroom battle has ended for the New York State’s broker compensation disclosure regulation. Earlier this month, the New York appeals court agreed with the lower court and said insurance regulators were within their rights to issue …
March 21, 2012
Walnut Creek, Calif.-based Ascension Benefits & Insurance Solutions named Jani De La Rosa senior vice president. De La Rosa will be responsible for managing program designs, benefit strategies and business development. She will also serve as lead benefit consultant for …
March 21, 2012
A chiropractor convicted of setting the fire that destroyed his practice and three other businesses wants the federal government to return 13 million Iraqi dinar seized from his suburban Philadelphia home. Jonathan Wiktorchik Jr. was ordered last year to spend …
March 21, 2012
Officials now say 207 homes were damaged in last week’s tornado in Dexter, Mich., and about 20 will need to be demolished. Dexter Area Fire Chief Loren Yates provided the figures on March 19. Officials initially said the March 15 …
March 21, 2012
Erie Insurance Group, the 20th largest P/C insurer in the country based on total lines net premium written, announced several officer appointments and promotions. Andrew Erman has been appointed as vice president and chief life actuary. He will oversee actuarial …
March 21, 2012
A jury has awarded more than $1 million to a former deputy police chief who sued the city of Burbank, Calif. claiming he was fired for speaking out against racial discrimination within the police department. The Los Angeles jury awarded …
March 21, 2012
A Multnomah County jury is deliberating whether a problem with an engine was responsible for the 2008 crash of a helicopter that killed nine firefighters on a wildfire in Northern California. A pilot who survived and the widow of one …
March 21, 2012
Rock Hill, N.Y.-based Irwin Siegel Agency Inc. has opened an office located in Boise, Idaho. ISA, a national insurance and risk management provider, also named Chad Williams as a business development director. ISA offers tailored insurance products to developmental disability, …