George Biancardi, previously president of Strongwood Distribution, has been named president and chief executive officer of Monterey, Calif.-based Strongwood Insurance Holdings. Biancardi will be responsible for leading Sequoia Insurance Company, Networked Insurance Agents, Northeast Agencies and AmCom Insurance Services. Strongwood …
Hurricane Sandy, a late-season Atlantic storm unlike anything seen in more than two decades, slogged slowly toward the U.S. East Coast on Friday after killing at least 41 people as it cut across the Caribbean. Forecasters said Sandy, with an …
Aon Plc’s quarterly profit beat analysts’ estimates as investments aimed at increasing margins at its human resources services unit helped boost profit, and the company said it planned a series of small acquisitions. Aon, the world’s largest insurance broker had …
A federal judge on Friday delayed until February 2013 the start of a massive trial to determine liability from the 2010 Deepwater Horizon oil spill, citing tourist events that will keep New Orleans’ hotels booked. U.S. District Judge Carl Barbier …
New York City has agreed to pay $17,500 to a Brooklyn family of a toddler scorched by playground equipment. The family of Paula Spolar had charged that irresponsible design at the Brooklyn Bridge Park resulted in their 1-year-old daughter suffering …
Virginia regulators announced that beginning Jan. 1, 2013, all individuals and business entities doing business in the state as a public adjuster must be licensed by the State Corporation Commission. Virginia will now become the 45th state to license public …
The Chubb Corp. reported $533 million net profit for its third quarter, up 78.8 percent from $298 million reported during the same period one year ago. The quarterly results got a boost from significantly lower catastrophe (CAT) losses as well …
The Independent Insurance Agents of Texas (IIAT) has named Wes Bailey, president of Bailey Insurance & Risk Management Inc. in Waco, as its newest Trusted Choice Hometown Hero. The Hometown Hero program recognizes Trusted Choice insurance agents who go above …
A family can’t bring damage claims in New Mexico against an out-of-state funeral home that placed a relative’s brain in a casket with an embalmed body shipped to New Mexico, the state Court of Appeals ruled Wednesday. The New Mexico …
Montana’s insurance commissioner has ordered a North Dakota man to pay $168,000 in fines and restitution for selling fake surety bonds for a construction project on the Fort Belknap Indian Reservation. The commissioner’s office alleged Dennis Lyon, also known Robert …
