Marsh, the insurance broking division of N.Y.-based Marsh & McLennan Cos., appointed Brenda Shelly as the firm’s new U.S. directors and officers liability (D&O) product leader. Shelly, who has relocated from San Francisco to New York, succeeds Tripp Sheehan, who …
Liberty Mutual Insurance announced earlier this month it is planning to retire its regional brands in 2013 to focus on the more recognizable Liberty Mutual brand. “We’re retiring the brand names of our eight commercial lines regional companies that sell …
Virginia’s State Corporation Commission (SCC) announced on Jan. 8 that the commission approved revisions to the premium levels charged for the state’s workers’ comp insurance. The National Council on Compensation Insurance (NCCI) sought the revisions. The changes will raise the …
Some lawmakers are hoping the insurance market might offer the best incentives to lessen firearms-related violence. A bill filed on Jan. 18 in Massachusetts would require gun owners to purchase liability insurance in the event their gun is used to …
Maine has recently adopted a new, uniform standard for who can be classified as an “independent contractor” for worker’s comp and other employment-related cases. The change went into effect on Dec. 31, 2012. Previously, the state’s department of labor, the …
If you like your 401(k) retirement savings account, you’re going to love what healthcare reform does to your employer-provided health care plan. In a post-Obamacare future, expect more employers to adopt defined contribution healthcare plans. Instead of providing coverage, they …
Legislators in New York and New Jersey have introduced a number of new bills to address some homeowners insurance- related complaints they have been receiving in the wake of Sandy. On Jan. 9, New York legislators have introduced a bill …
The Missouri Department of Insurance announced the conclusion of the legal cases of two insurance companies that went into receivership due to insolvency. A Cole County judge ordered Transit Casualty Co. into receivership in November 1985. It is Missouri’s second-longest …
Willis North America Willis North America, a unit of global insurance broker Willis Group Holdings, has relocated its Cleveland, Ohio office to 1001 Lakeside Ave., Suite 1600. Willis established a presence in Ohio more than 30 years ago. Willis of …
The rehabilitation of Calif.-based Home Value Insurance Co. (HVIC) has ended and the corporation has been dissolved by order of the Franklin County, Ohio Court of Common Pleas, where the company was domiciled. According to the motion filed Dec. 21, …
