October 22, 2012
Bollinger, The Morville Agency Short Hills, N.J.-based insurance brokerage Bollinger Inc. has acquired The Morville Agency of Newton, N.J. The Morville Agency specializes in insuring New Jersey public entities. The agency’s owner George Morville joins Bollinger as senior vice president …
October 22, 2012
Nationwide Mutual Insurance Co. announced on Oct. 11 that it has agreed to settle litigation related to the merger with Harleysville Mutual Insurance Co. The $26 million settlement relates to In re Harleysville Mutual, a consolidated class action and derivative …
October 22, 2012
Zurich in North America (ZNA) appointed Dalynn Hoch as its new chief financial officer. She is based in Zurich’s North American headquarters in Schaumburg, Ill. Hoch succeeds Vibhu Sharma who has been appointed to the position of group controller at …
October 22, 2012
Halloween is just around the corner – and this is the peak season for haunted attractions across the country. And amid all the fake blood and gore, insurance plays a critical part in protecting these businesses against lawsuits and bodily …
October 22, 2012
American International Group revealed earlier this month what the company described as “a refreshed AIG logo,” featuring a modernized design and new color palate. The updated logo will begin appearing widely in the company’s advertising and marketing later this fall, …
October 22, 2012
The workers’ compensation reforms enacted in New York in 2007 are beginning to achieve some of their objectives, according to a new study. The study from the Cambridge, Mass.-based Workers Compensation Research Institute (WCRI) shows that, in particular, the reforms …
October 22, 2012
Allstate Insurance Co. is reopening brick-and-mortar offices in Massachusetts after a quarter century of absence. Back in 1987, the Northbrook, Ill.-headquartered Allstate closed its offices in Massachusetts and pulled out of the market, citing the state’s strict regulation of auto …
October 22, 2012
Policyholders’ Surplus “The $17.5 billion increase in policyholders’ surplus to a near-record-high $567.8 billion at June 30, 2012, is a testament to the strength and safety of insurers’ commitment to policyholders.” —Robert Gordon, senior vice president for Property Casualty Insurers …
October 22, 2012
It’s not just the gas-guzzling SUVs that are hurting the driving fuel efficiency. The growing average weight of Americans is responsible for millions of gallons of additional gasoline used in the country every year, according to Allstate. Northbrook, Ill.-based Allstate …
October 22, 2012
Kansas will continue to limit compensation for pain and suffering to $250,000 in personal injury lawsuits following a recent state Supreme Court ruling in the case of a woman whose doctor removed the wrong ovary from her in 2002. Amy …