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

Lexington Announces Law, Ordinance Upgrade Coverage Enhancement

Lexington Insurance Company has introduced Law and Ordinance Upgrade, a new enhancement that is available to Lexington’s higher education, healthcare and commercial real estate property policyholders. In the event of a covered loss, Law and Ordinance Upgrade covers costs to …

Vermont Launches Photo Contest to Showcase State’s Recovery From Irene

Vermont Gov. Peter Shumlin is asking Vermonters to share their best photographs of Vermont since Tropical Storm Irene to celebrate the state’s recovery. Shumlin and the Department of Tourism have launched a photo contest called “Build Up Vermont.” People will …

Relocation Insurance Group Launches Full Value Protection Moving Coverage

Relocation Insurance Group (dba Moving Insurance LLC) has launched a new moving insurance product designed to assist interstate moving companies that were required to adopt expanded Full Value Protection regulations effective May 15. The product, known as Full Value Protection …

New York Licenses First Mutual Bond Insurer for U.S. Municipal Market

New York State’s Department of Financial Services announced this week that it has licensed Build America Mutual Assurance Company (BAM) to operate as the first mutual bond insurer serving the U.S. municipal market and guaranteeing state and municipal debt.After receiving …

Zurich Appoints Credit & Political Risk Director in Washington, D.C.

Zurich, Switzerland-headquartered Zurich Insurance Group appointed Dave Anderson as credit and political risk director for global business development. He will be based in Zurich’s Washington, D.C., office. Anderson has spent the past six years helping to grow Zurich’s business in …

Authorities: 13 Dead After Truck Crashes in Texas

A pickup truck overloaded with passengers veered off a highway and crashed into trees in rural South Texas on July 22, killing at least 13 people and leaving 10 injured, authorities said. Gerald Bryant, a spokesman for the Texas Department …

USI Insurance Services Acquires Kelly Insurance Brokerage in New York

USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed its acquisition of New York-based Kelly Insurance Brokerage Inc. Terms of the transaction were not disclosed. Kelly Insurance Brokerage offers a wide range of employee …

USG Announces New Houston Office

USG Insurance Services Inc., a national wholesaler and MGA, is expanding its Texas operations with a new office in Houston. Rose Perez, branch manager, and A.J. Perez, producer/broker, will launch this new location. Rose Perez most recently served as area …

Man Sues Maui Police For Buttock Gunshot Wound

A lawsuit claims a man suffered a traumatic gunshot wound to his buttock by Maui police officers. Anthony Lum-John claims officers used excessive force by shooting at a truck he was riding in two years ago. The Maui News reported …

Integro Insurance Executive Joins Frank Crystal & Co. in New York

New York-based brokerage firm Frank Crystal & Co. has appointed Walter S. Tomenson III as producer and executive director. He will report to John Smith, executive vice president of Frank Crystal & Company. He will be based in New York …