Marsh & McLennan Companies’ CEO Brian Duperreault has been named chairman of the Federal Advisory Committee on Insurance (FACI). His appointment was confirmed by Federal Insurance Office (FIO) Director Michael McRaith at the committee’s first meeting. FACI was formed by …
The California Supreme Court ruled that a public school district may be vicariously liable for the negligent hiring, retention and supervision of a guidance counselor who allegedly sexually abused a student. And that ruling may have insurers taking a closer …
A Eugene, Ore., company has sued Columbia Sportswear, accusing the larger company of stealing Innovative Sports’ technology and using it to make a successful line of heated clothing. The Register-Guard reported the smaller company wants Columbia to stop making the …
Jeff Menary has been named as vice president of direct underwriting and production at Iowa-based Grinnell Mutual. During Menary’s 32-year career at Grinnell Mutual he has served in a variety of roles including marketing representative, marketing and reinsurance services manager, …
A man and a boy who suffered brain damage due to government negligence and the parents of a slain police informant will be compensated through three bills signed by Gov. Rick Scott. One would require Lee County’s public hospital system …
Tornado Alley is typically considered to encompass mainly the Great Plains states and surrounding areas. However an analysis by analytics firm CoreLogic shows that tornado risk actually extends across most of the eastern half of the U.S. Of the top …
The Virginia State Police said its special agents made 231 arrests for insurance fraud and other related crimes, such as arson and forgery, in 2011 — up eight percent over 2010. The Virginia State Police investigates suspected fraud in property/casualty …
(A full version of this article, as well as exclusive podcasts featuring Hanover CEO Frederick Eppinger, is available on InsuranceJournal.com) Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded …
Elizabeth Warren, the former chair of a congressional oversight panel and currently a U.S. Senate candidate from Massachusetts, is criticizing the government for granting American International Group billions of dollars worth of tax breaks. She is calling it “a stealth …
This industry is changing fast. Quite a number of agency owners and carrier executives will realize this fact too late. This reality is not necessarily a sad fact because great success stories will arise from these changes. To become one …
