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

Insurance Agent Takes Stand on Gay Marriage in Supreme Court Case

Today David Kosar can be considered one of the nation’s most outspoken insurance agents on the issue of gay marriage. Kosar, owner of David Kosar Insurance Agency-American Family in Everett, Wash., has joined an amicus brief filed by 278 businesses, …

Keyser Named Senior VP of HR at Fireman’s Fund in California

Novato, Calif.-based Fireman’s Fund Insurance Co. named Amy Keyser senior vice president of human resources. Keyser is responsible for setting the company’s human resources strategy to create a high-performance culture and increase employee engagement. Previously, she oversaw employment law, ethics, …

PartnerRe Ltd. Establishes New Companion Facility, Lorenz Re

PartnerRe Ltd. has formed Lorenz Re Ltd., a special purpose insurer domiciled in Bermuda. Lorenz Re was capitalized with $75 million through the issuance of multiple classes of preference shares. It will provide additional capacity to PartnerRe on a diversified …

Connecticut’s Gun Liability Insurance Bill Withdrawn After Hearing

Connecticut’s recently proposed bill that would require firearm owners to maintain excess personal liability insurance and self defense insurance was withdrawn last week following a two-hour hearing held earlier during the week, a local newspaper reported. Similarly, in Maryland, a …

Latz Appointed Chairman of Illinois Workers’ Comp Commission

Illinois Gov. Pat Quinn has named Michael Latz as chairman of the Illinois Workers’ Compensation Commission (IWCC), effective March 25, 2013. Chairman Latz has served as a commissioner since October 2011. Before that, he was an attorney in private and …

ACE Launches Borderless International Pollution Liability Coverage

ACE USA, the U.S.-based retail operations of the ACE Group, has introduced a foreign casualty pollution liability coverage endorsement. This new endorsement provides a limited pollution coverage extension in conjunction with ACE ATLAS CMP, ACE’s U.S. Controlled Master Program (CMP) …

Outlook for National Fire and Indemnity Exchange Revised to Negative

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of “a-” of National Fire and Indemnity Exchange (NIE) of St. Louis, Mo. A.M. Best …

Transportation Intermediaries Association to offer CargoNet Services

Verisk Crime Analytics has formed an agreement between its CargoNet division and the Transportation Intermediaries Association (TIA) to help TIA members reduce cargo theft risk. Verisk Crime Analytics is a unit of Verisk Analytics. CargoNet will assist TIA in collecting …

Ohio Chiropractor Sentenced for $33K Attempted Insurance Fraud

Ohio Lieutenant Governor and Insurance Director Mary Taylor announced that Boardman, Ohio, chiropractor David Esarco has been sentenced for attempted insurance fraud and attempted theft. Esarco was sentenced in the Mahoning County Court of Common Pleas to two years of …

Ex-Montana Workers Claim Hostility, Sex For Favors

Former Montana Disaster and Emergency Services employees claim the division’s chief of staff traded sex for favoritism with a subordinate, and that those who complained were met with hostility and ultimately forced out of their jobs. The result was a …