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

The Goal: Zero Alcohol-Related Driving Deaths

Transportation safety officials are exploring ways to eliminate drunken driving deaths, which account for about a third of the nation’s more than 30,000 annual traffic fatalities— a share that has remained stubbornly unchanged since the late-1990s. The National Transportation Safety …

Alabama University Launches Cyber Threat Detection Company

In a private-public partnership, the University of Alabama at Birmingham (UAB) has launched Malcovery, an intelligence company specializing in cyber threat detection, to help businesses protect themselves from cyberattacks. Malcovery uses patented forensic technology to identify the source and nature …

Sen. Warren Wants Details on ‘Too Big for Trial’ Bank Settlements

An outspoken freshman U.S. senator with a record of taking on Wall Street wants financial regulators and federal prosecutors to provide an economic justification for allowing big banks to settle investigations without admitting any wrongdoing. In a May 14 letter …

Shores Named President of Berkley’s Monitor Liability Managers

Joseph G. Shores, president of Berkley Select, will undertake the additional responsibility as president of Monitor Liability Managers, according to parent company W.R. Berkley Corp. in Greenwich, Conn. Shores succeeds Sandra C. Nelson, who the company said will be involved …

Registration Open for the 2013 Virtual Insurance Tradeshow

Fairfield, CA, 05/15/13 – Now in its third year, the 2013 Virtual Insurance Marketplace, brought to the insurance industry by Direct Connection Advertising & Marketing, LLC, an agency specializing in insurance marketing services, offers a fully interactive and accessible online …

UK’S MGAA Begins Search for First Managing Director

The UK’s Managing General Agents’ Association (MGAA) has formally begun its search for its first full time managing director. The announcement explained that the “managing director’s main responsibilities will be to drive the Association’s strategy, execute its business plans and …

ProspX Names Former AIG Executive Gold as CEO

Austin, Texas-based ProspX Inc. named Steve Gold as president and chief executive officer, bringing to the company more than 27 years of executive management experience in commercial insurance. Co-founder and former president and CEO Todd L. Young will become ProspX’s …

Guy Carpenter Exec Moves to Sullivan Group in Connecticut

The Sullivan Group has hired David Marceau as vice president of its reinsurance division, GJS Re. He will be located in the firm’s Essex, Conn., office. Marceau has more than 13 years experience in the insurance/reinsurance business, beginning his career …

Bipartisan Senators Ask SEC for Action on Credit Rating Agency Pay

A bipartisan pair of U.S. senators urged federal securities regulators to move quickly on fundamental changes to how credit-rating agencies are compensated, a step they said will reduce the type of conflicts that helped fuel the 2007-2009 financial crisis. In …

Quaker Special Risk Announces New Construction Manager Program

Quaker Special Risk of Eatontown, N.J. announced a new construction manager program with a combined Professional and General Liability form.This program is endorsed by the Construction Management Association of America (CMAA) and is exclusively distributed through Quaker Special Risk.