Monthly Archives: <span>January 2013</span>

CFA Report: Largest Auto Insurers Often Charge Higher Premiums to Safe Drivers

In its latest report on auto insurance premiums charged by the largest auto insurers, the Consumer Federation of America said these insurers frequently charge higher premiums to safe drivers than to those who recently caused an accident. In two-thirds of …

W. R. Berkley Corp. Forms Berkley Southeast Insurance Group

W. R. Berkley Corp. has formed Berkley Southeast Insurance Group. Berkley Southeast will be based in Atlanta, Ga. and will provide standard commercial lines insurance services to a range of businesses in six Southeastern states: Mississippi, Alabama, Georgia, Tennessee, North …

IronHealth, Medical Mutual Launch Hybrid Medical PL Policy for Hospitals in N.C.

IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced IronMed NC, a hybrid medical professional liability product that will be available through a partnership with Medical Mutual Insurance Company (MMIC) of North Carolina. The new product has been designed …

Former Utah High School Student Gets $100K Settlement

A former Utah high school student has received $100,000 in a settlement related to his claims that he was racially abused by fellow students that included members of white supremacist group. Anthony Armstrong, a biracial student who went to Alta …

Utah Driver Accused Of Texting, Driving In Fatal

A 28-year-old Utah man has been ordered to stand trial for automobile homicide after police say he was texting while driving when he struck and killed a teenage pedestrian. Jeffrey Lloyd Bascom of Jensen faces a felony charge of obstructing …

Pinnacle Merges with Schumann in Northern California

Walnut Creek, Calif.-based Pinnacle Brokers Insurance Solutions Inc. is merging with E M Schumann Risk. The change is effective Feb. 1. Ed Schumann has become part of the ownership and management team at Pinnacle. He will be responsible for heading …

The Hanover Enhances Technology Product Suite

The Hanover Insurance Group, Inc. is enhancing its technology product suite to build on the company’s suite of specialized products for small to mid-sized technology companies, with a focus on its errors and omissions (E&O) offering. The new E&O capabilities …

GEICO Plans to Hire 800 in Buffalo, N.Y., Region in 2013

GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, has announced plans to hire 800 people for its Buffalo-area office in 2013. The insurer currently employs about 2,400 people at its service center in the suburb of Getzville, …

PCI Welcomes N.J. Gov.’s Decision to Adopt Tougher Rebuilding Standards

A national insurance association is applauding New Jersey Gov. Chris Christie’s decision to adopt new advisory flood maps issued last month by the Federal Emergency Management Agency and implement more stringent rebuilding guidelines for flood zones. “The Property Casualty Insurer …

245 Die in Panicky Stampede in Brazil Nightclub Fire

A deadly fire swept through a crowded nightclub in southern Brazil early Sunday, killing at least 245 people attending a university party and leaving at least 200 injured, police and firefighters said. It appeared to be the deadliest nightclub fire …