Declarations
Not Experts “Most of us don’t want to be experts in insurance. We want to run our business and live our lives.” Frederick Eppinger, CEO, Hanover Insurance Group Alabama Promise “The governor did not expect the process to take this …
Tornado Outbreak: Authorities Say 5 Dead in Oklahoma, 29 Injuries
Tornadoes raking communities across the Midwest and Plains left five people dead and at least 29 injured in Oklahoma, damaging a hospital, homes and other buildings as a vast severe weather front plunged eastward on April 15 across the nation’s …
Storm Dumps Waist-High Hail in Texas Panhandle
Maintenance crews worked on April 12 to clear roads after a storm dumped several inches of hail on parts of the Texas Panhandle, trapping motorists in muddy drifts that were waist-to-shoulder high. The storm left so much hail in its …
Vermont Licensed 8 New Captives in 2012 Q1; Strongest Start Since 2005
Vermont officials said its captive insurance industry is off to a strong start in 2012, with the state having licensed eight new captives during the first quarter. “We had a great first quarter with the licensing of eight new captives,” …
Advisen in New York Hires 2 Execs to Lead New Analytics Unit
Advisen Ltd., an insurance analytics and market information provider headquartered in New York, appointed Seth Rachlin and John Pagliaccio to lead the newly formed information and analytics business unit. As president of the information and analytics business unit and an …
Now Is Time to Learn Lessons from 2011 Catastrophes: Marsh
Following the exceptionally severe and prolific catastrophes experienced globally in 2011, organizations now have an opportunity to learn lessons from these events and reduce the adverse impact of future incidents on their balance sheets. According to a paper published today …
Maine House OKs Workers’ Compensation Overhaul
A workers’ compensation overhaul bill that Republicans say brings Maine’s law into line with other states has won initial House passage. Representatives voted 75-71 last Thursday along party lines, with majority Republicans saying the bill makes reforms in a program …
15 Trends in P/C Insurance Employment
Around the Country Employment prospects vary greatly by employer, region and job specialty. For a closer look, Insurance Journal editors interviewed property/casualty industry leaders in their respective regions and will be filing the following reports this week: National: Jobs Outlook …
Fed Chairman Bernanke Defends AIG, Bear Stearns Bailouts
Chairman Ben Bernanke said Friday that the Federal Reserve was left with few good options when it stepped in to shore up the largest U.S. financial institutions during the 2008 crisis. Bernanke defended the central bank’s actions to support insurance …
Atlas General Insurance Services Announces Expansion and Has Named Greg Mosher President of the Newly Formed Atlas Specialty Insurance Division
San Diego, CA, 4/16/2012 – Atlas General Insurance Services, LLC, a San Diego based program administrator, is pleased to name Greg Mosher President of Atlas Specialty Insurance Services, a new division of Atlas General. Greg co-founded the K&K Insurance Group …
