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

Explosion, Fire at Mexico Pemex Gas Facility Kills 26

An explosion and fire killed at least 26 people at a Pemex natural gas facility in northern Mexico near the U.S. border on Tuesday, one of the deadliest accidents in the oil and gas industry in recent years. Television footage …

ACE Acquires 80% of Indonesia Insurer Asuransi Jaya Proteksi

ACE Limited announced that it has acquired 80 percent of Indonesian insurer PT Asuransi Jaya Proteksi. The Jakarta-based company is “one of Indonesia’s top 10 general insurers and a leader in personal lines,” said the bulletin. “The company offers property, …

Burand’s Agency E&O Blog: Tip #10

Staff Licensing. Staff licensing may seem like such an obvious topic that it does not deserve even to be discussed in a blog. However, many facets exist to staff licensing that can and do create E&O exposures, and even possibly …

Heffernan in Oregon Names Nielsen SVP, Branch Manager

Walnut Creek, Calif.-based Heffernan Insurance Brokers named Timothy Nielsen to its Portland, Ore. office as senior vice president and branch manager, focusing on new business development and sales management. Nielsen has had nearly two decades of executive experience, including experience …

IUMI Conference: Unpredictable Time for Marine Insurance

Standing in front of a crowd of several hundred members of the insurance industry, San Diego Mayor Jerry Sanders must have hit the nail on the head during a speech to the industry on Monday, because agreeable nods could be …

Brown Signs Calif. Workers’ Comp Bill

California Gov. Jerry Brown on Tuesday signed a bill to increase disability benefits for injured workers while taking a bite out of the rising cost of workers’ compensation insurance premiums. Lawmakers approved the bill, Senate Bill 863, which promises to …

Liberty Mutual Inducted Into NAMIC’s ‘Century Club’

Liberty Mutual Insurance of Boston, Mass., which was founded in 1912, is joining the National Association of Mutual Insurance Companies’ (NAMIC) “Century Club” in recognition of 100 years of serving their policyholders. Liberty Mutual got its start 100 years ago …

Dad of Rhode Island Club Fire Victim Wants Memorial at Site

The father of one of the 100 people who died in a 2003 Rhode Island nightclub fire is asking the state to take by eminent domain the land where the nightclub once sat so a memorial can be built. Dave …

Angry Over Denial for Disaster Aid, Louisiana Man Pulls Assault Rifle

A man who allegedly got a fully loaded AR-15 assault rifle from his pickup truck after being turned down for disaster food stamps is jailed in St. John the Baptist Parish, La. A claims processor in LaPlace told officers that …

AssuredPartners Acquires North Carolina’s Moore & Johnson Agency

AssuredPartners is making is first foray into North Carolina by purchasing the Moore & Johnson Agency. The Raleigh, North Carolina-based Moore & Johnson is owned by Bingham & Ervin Inc., and is one of the state’s largest independent insurance agencies. …