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

New CEO Named for R.I.-Based Narragansett Bay Insurance Company

Pawtucket, R.I.-based Narragansett Bay Insurance Company has named Todd Hart as the new chief executive officer after a national search. Narragansett Bay founder Nick Steffey, who has stepped down from the CEO role, will continue as executive chairman.As the new …

Colo. Supermax Inmates Sue Over Mental Health Treatment

Five inmates who say their mental health illnesses are deteriorating in solitary confinement inside the so-called Supermax prison in Colorado have filed a lawsuit against the U.S. Bureau of Prisons. In the complaint filed in Denver Monday, the inmates argue …

NOAA In Midst Of Tsunami Debris Survey

Government scientists are in the midst of a 10-day trip, surveying southeast Alaska beaches for debris from last year’s deadly tsunami in Japan. While there have been several high-profile instances of debris from the tsunami reaching U.S. shores, groups that …

Colo. Ranchers Selling Off Cattle To Avoid Drought Loss

Ranchers in western Colorado are selling off cattle to avoid losing them to a severe drought. Livestock auctioneer Bill Martin of Loma says his auction barn usually sees between 200 and 400 cows a week, but this year the numbers …

Southern California Jurors Award $4.5M After Teacher Molest

San Diego County, Calif. jurors have awarded two girls $4.5 million because they were molested by their Carlsbad elementary school teacher. The North County Times says jurors also ruled unanimously Monday that the Carlsbad Unified School District was negligent for …

Actuaries: Health Costs to Go Up No Matter What Court Decides on Law

As the country awaits the highly anticipated ruling by the U.S. Supreme Court to uphold or overturn the Patient Protection and Affordable Care Act (ACA), the actuarial experts who price are warning that health insurance costs will likely continue to …

Texas Insurance Commissioner: Problems with Wind Insurer not New

Texas’ top insurance regulator says the precarious financial position of the state’s insurer of last resort for properties in coastal areas is nothing new. Responding to a letter sent to her by State Rep. John Smithee, chairman of the House …

Boeing Lauds Tornado Recovery by Key Kansas Supplier

Top Boeing Co. executives were in Wichita, Kan., on June 18 to celebrate tornado recovery efforts by parts supplier Spirit AeroSystems, telling thousands of cheering employees that the event forged a stronger bond between the aerospace companies. Spirit AeroSystems never …

Fiske Joins XL Group’s Surplus Lines Team in Chicago

XL Group plc’s insurance operations added Mary-Ellen (Mimi) Fiske as vice president, umbrella and excess manager to its surplus lines unit in Chicago. Fiske reports to David Halm, chief underwriting officer and head of XL Group’s surplus lines casualty business. …

Ruehle Named Midwest Branch Manager for United Fire Group

United Fire Group Inc., headquartered in Cedar Rapids, Iowa, announced that Corey Ruehle has accepted the position of branch manager for the Midwest region, effective July 1. Ruehle replaces Doug Penn, who is retiring. Ruehle will be responsible for the …