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

Preferred Concepts Acquires Metro Insurance Services in New Jersey

Preferred Concepts LLC, a program underwriter and specialty insurance broker based in New York City, has entered into an agreement to acquire the assets of Metro Insurance Services in Springfield, N.J. Metro Insurance Services is a national program administrator focusing …

Kansas Court Upholds Limits on Damages in Lawsuits

Kansas will continue to limit compensation for pain and suffering to $250,000 in personal injury lawsuits following a state Supreme Court ruling Friday in the case of a woman whose doctor removed the wrong ovary from her in 2002. Amy …

Ga. Regulator Reminds Homeowners: Oct. 7-13 Is Fire Prevention Week

Georgia Insurance and Safety Fire Commissioner Ralph Hudgens and the National Fire Protection Association (NFPA) remind homeowners that Fire Prevention Week is October 7-13. The theme this year is, “Have Two Ways Out!” This year, Commissioner Hudgens and fire personnel …

Marsh Executive Perry Moves to Aon Risk Solutions in Atlanta

Aon Risk Solutions, the brokerage and risk management business of Aon plc, recently announced the addition of Rachel Perry as managing director and Southeast region casualty leader in the Atlanta office.In her new role, Perry is responsible for managing the …

Wine Investor Koch Loses Claim Against New York Auction House

A billionaire wine investor waited too long to file a lawsuit that claimed a New York auction house misrepresented a Bordeaux as belonging to Thomas Jefferson. A three-judge federal panel issued the ruling last Thursday. It said William Koch missed …

Gulf States Pressure Obama Over BP Spill Settlement Funds

Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of dollars worth …

Wal-Mart Employees in Florida Claim Gender Bias in Lawsuit

Three female Wal-Mart Stores Inc. employees have filed a lawsuit in South Florida claiming the retail giant discriminates against women in areas such as wages and promotion opportunities The potential class-action lawsuit filed last week in federal court is at …

Florida Justices Say Fair Court System Being Threatened

Three state Supreme Court justices being targeted by Republicans and other conservatives said Friday that such partisan and special interest attacks are threatening the independence and fairness of Florida’s judicial system. The Florida Republican Party this year broke with a …

Court Rules New York Shooting Victim Can Sue Gun Maker

A Buffalo man who was shot nearly a decade ago can sue the manufacturer, the distributor and the dealer of the semi-automatic pistol used to shoot him, a New York state appeals court ruled on Friday. Attorneys for Daniel Williams, …

Nielsen Named Commercial Claims VP at Founders Insurance

Matthew J. Nielsen has been promoted to vice president of Commercial Claims at Founders Insurance Co., a member company of the Utica National Insurance Group, of Des Plaines, Ill. Nielsen’s responsibilities include leading a unit of claims managers and analysts, …