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

Cooper Gay Swett & Crawford Moving to ‘Next Level,’ Says CEO Esser

On the last day of February, international independent broker Cooper Gay Swett & Crawford (CGSC) made some significant changes in the management of its U.S. operations. In a telephone interview with Insurance Journal, CGSC Group CEO Toby Esser described them …

More U.S. Than European Drivers on Phone: Study

Distracted driving is more widespread in the U.S. than in Europe, according to a study that surveyed drivers about their cellphone and texting habits. More U.S. drivers reported talking on their cellphones behind the wheel than their counterparts in seven …

Aon’s New York Office Appoints Middle-Market Sales Leader

Aon plc, a global provider of risk management, insurance and reinsurance brokerage, and HR consulting and outsourcing services, announced the addition of Vincent Gandolfo as middle-market sales leader for the Greater New York region.In his new role, Gandolfo will be …

William Gallagher Associates Names Executive VP in Boston

William Gallagher Associates, a Boston-based broker and risk management services provider, announced that Amy Sinclair has been promoted to the position of executive vice president in the property/casualty practice.Sinclair has been with the firm for 19 years, specializing in the …

FEMA Buying Out 90 Flood Damaged Vermont Homes, So Far

The Federal Emergency Management Agency has agreed to buy out a total of 90 properties across Vermont that were damaged by Tropical Storm Irene and other 2011 flooding. Eight structures were deemed ineligible for the federal hazard mitigation program and …

New Maps Put 33K More New Jersey Homes in Flood Zones

New Jersey’s adoption of expanded flood maps in the wake of Superstorm Sandy has put more than 33,000 additional residential buildings in flood zones, a nearly 15 percent increase.The disaster recovery plan announced last week by the Christie administration shows …

Buffett’s Salary Unchanged After 25 Years

Warren Buffett’s total compensation declined 14 percent last year to $423,923 as Berkshire Hathaway spent less on his security, but his salary remained unchanged at $100,000. Buffett’s salary for leading Berkshire as chairman and chief executive hasn’t changed in more …

Wells Fargo Names Haskell Managing Director for Pacific Northwest

Wells Fargo Insurance named John Haskell managing director for the Pacific Northwest. Haskell will lead business development, client service and sales, and cross-sell strategy for the company’s insurance operations in Alaska, Idaho, Oregon and Washington. Based in Seattle, he reports …

Trittipo Joins Bliss & Glennon in Southern California

Bliss & Glennon Inc. named John Trittipo assistant vice president in the company’s Redondo Beach, Calif. office. Trittipo is tasked with producing and growing a book of business, primarily comprising general liability and excess/umbrellas for construction-related risks, product liability, habitational …

With Rates Expected to Drop, Cat Fund Reform Should Be a No-Brainer

For four out of the last seven years, the Florida Hurricane Catastrophe Fund has been projected to have a shortfall should a major hurricane impact the state and cause the fund to pay out to its coverage limits. This is …