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

Vermont Licensed 32 New Captives in 2012

Vermont licensed 32 new captives in 2012 — finishing with strong showings by the construction and manufacturing sectors which each had five new licensees, according to data released on Jan. 16 by the Vermont Captive Insurance Division. Vermont Gov. Peter …

N.J. Gov. Christie: Congress ‘a Little Late’ With Sandy Aid

New Jersey Gov. Chris Christie said the Hurricane Sandy aid package Congress approved Tuesday will help expedite rebuilding after the superstorm, but he poked federal lawmakers for being “a little late to the party.” Christie reminded an overflow audience at …

SUV Test Drive in Texas Turns Into Drug Deal

A man who took a $40,000 SUV on an unauthorized test drive in Central Texas has been accused of selling the vehicle for two rocks of crack cocaine. Travis County Jail records show 50-year-old Carlos Sergio Valdes was being held …

Marsh Names U.S. D&O Liability Product Leader in New York

Marsh, the insurance broking division of Marsh & McLennan Cos., announced that Brenda Shelly, a veteran management liability broker and underwriter, has been appointed the firm’s new U.S. directors and officers liability (D&O) product leader.Shelly, who has relocated from San …

Missouri Cops Investigating Smash-and-Grab Crimes

Police in several St. Louis, Mo.- area towns are investigating a string of smash-and-grab crimes with a twist: In many cases, nothing is taken. In six instances over the past few weeks, suspects have busted through the front doors of …

Handmaker Promoted to Chief Marketing Officer at Assurance

Steven Handmaker has been promoted to chief marketing officer at Assurance, an independent insurance brokerage headquartered in the northwestern suburbs of Chicago. His former title was executive vice president, marketing and communications at Assurance. Handmaker serves as a member of …

Kansas, Missouri Could Be Hit by Disaster Aid Fight

Midwesterners accustomed to generous government aid after ice storms, floods and tornadoes may soon have to look somewhere else for help when disaster strikes. Even as the U.S. House on Jan. 15 passed a $50.7 billion aid package for victims …

Arkansas Lawmaker Files Tort Reform Ballot Measure

An Arkansas lawmaker is proposing a constitutional amendment to require those who file lawsuits found to be “frivolous” to pay court costs and to place restrictions on experts who can testify at medical malpractice cases. Republican Sen. Jeremy Hutchinson filed …

Texas Bill Would Grant Liability Protection for Emergency Volunteers

A Texas state representative has filed a bill that would allow fire departments to accept volunteer assistance during an emergency and would protect shield those volunteers from liability. State Representative Cecil Bell, Jr. (Magnolia) filed, House Bill 487, would increase …

California-based NAS Taps Troester As VP of Entertainment and Sports

Encino, Calif.-based NAS Insurance Services has hired Tim Troester as vice president of entertainment and sports. Troester was formerly with US Risk Insurance Group Inc., and Hays Cos. NAS’ Entertainment and Sports division provides coverage for general liability, excess and …