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

USI Completes Acquisition of TD Bank’s U.S. Insurance Subsidiary

USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., said Monday it has completed the acquisition of TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A. The transaction was first announced in August. TD …

Analysts Express Comfort in Marsh & McLennan’s Succession Plan

A number of analysts have issued favorable comments for Marsh & McLennan Companies’ CEO Brian Duperreault and his successor, Chief Operating Officer Dan Glaser, who was officially designated by the company last week to take over the CEO post when …

Zurich Names CEO of Global Corporate in North America

Zurich, a property/casualty insurance provider globally and in North America, appointed Dan Riordan as CEO of its Global Corporate in North America (GCiNA) business.He will be based in New York and will report to Thomas Huerlimann, CEO of Global Corporate …

M&A Inks Partnership Deal With Maestro Specialty in N.Y.

Merger & Acquisition Services Inc. (M&A), an investment, advisory and financial services firm to the re/insurance industry, announced a marketing partnership agreement with Maestro Specialty Corporation in New York. Maestro is a program placement broker, program design consultant, and reinsurance …

Work-Related Fatalities in Louisiana Decline

The number of work-related fatalities in 2011 in Louisiana declined to 109, according to a preliminary report by the U.S. Bureau of Labor Statistics (BLS), Census of Fatal Occupational Injuries. This is down slightly from the revised figure of 111 …

Planned USD Student Center Upgrade Sparks Copyright Lawsuit

A Massachusetts architectural firm has sued a competitor in South Dakota, accusing it of using the firm’s copyrighted designs in a planned upgrade to the University of South Dakota’s student center. Charles Rose Architects of Somerville, Mass., contends that RSA …

Deadline for Cheap North Dakota Flood Rebuilding Loans Looms

Jessica Henderson’s Minot home had just been painstakingly gutted and remodeled, from the basement on up, when the flooding Souris River put its main floor under four feet of water last summer. When it came time to rebuild again, Henderson …

Certified Professional Insurance Agent Classes Return to Indiana

Professional Insurance Agents of Indiana (PIA), a statewide association of local, independent insurance agents, is the newest sponsor of the AIMS Society’s Certified Professional Insurance Agent (CPIA) designation program. The CPIA program has not been offered in Indiana for several …

Penn. Doc Sentenced to 11 Years in Prison for Overprescribing Drugs

A federal judge in Pittsburgh has sentenced a physician to more than 11 years in prison and ordered him to pay $700,000 to two insurance companies in connection with charges that he overprescribed painkillers to dozens of patients. Physician Oliver …

Colorado Officials Take Sides in Fracking Dispute

Some 60 mayors and city council members from 17 communities have asked Colorado Gov. John Hickenlooper to have the state drop a lawsuit over fracking that challenges oil and gas drilling rules adopted by the city of Longmont. The (Grand …