USI, TD Insurance USI Insurance Services, a brokerage and financial services firm in Briarcliff Manor, N.Y., said on Sept. 24 that it has completed the acquisition of TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A. The deal was …
Marsh & McLennan Cos. announced Brian Duperreault will retire as the company’s president and chief executive officer at the year’s end. Daniel S. Glaser, currently the company’s group president and chief operating officer, has been named Duperreault’s successor and will …
Hydrofracking has become a hot-button issue in New York State. Government agencies have been researching for the past four years the potential environmental impact of permitting hydrofracking in Marcellus Shale, which is spread across the Southern Tier and Finger Lakes …
Prosecutors have asked the Mississippi Supreme Court to reinstate the conviction of Jeffrey Dale Beecham, who won a new trial because the state failed to offer testimony to authenticate a death certificate in a fatal DUI case. Special Assistant Attorney …
There are now 78 operating syndicates at Lloyd’s; 88, including Special Purpose and RITC syndicates. Although no new ones have so far joined Lloyd’s this year; three syndicates have transferred ownership: Hardy, acquired by CNA; Omega, acquired by Canopius, and …
Leading U.S. car rental companies have agreed to back Senate legislation to pull vehicles from the road when recalled for safety defects. The legislation brings car rental companies in line with auto dealers, who are barred from selling a car …
A Massachusetts court recently ruled in favor of insurer Lloyd’s in a dispute over a commercial property and general liability policy excluding coverage for independent contractors. The insured, a property development firm called Cable Mills LLC, and its insurance agency …
October 11, 2012 The Real Meaning of the Property Damage Exclusion in the CGL Mary Anne Medina, Vale Training Solutions October 17, 2012 Insurance Distribution and Marketing Chris Burand, Burand & Associates LLC October 18, 2012 OCIP’s (1 of 2), …
AmWINS North Carolina-based insurance wholesaler AmWINS Group Inc. has partnered with two insurance industry executives, Terry Younghanz and Richard Parks, to form a new managing general underwriter (MGU) focused on specialty insurance products. Based in Kansas City, the MGU will …
New Jersey regulators held their first captive insurance summit on Sept. 19 in Somerset, N.J. The event, hosted by the department of banking and insurance, attracted some 80 industry executives. Regulators took the opportunity to discuss New Jersey’s captive law …
