Yearly Archives: <span>2013</span>

Sun Life Signs Car, Home Insurance Referrals Deal with Belairdirect

Sun Life Assurance Co. of Canada and Intact Financial Corp. announced a referral arrangement to provide Sun Life’s customers in Canada with access to belairdirect.com’s home and auto insurance products through their websites and call centers. Kevin Dougherty, president, Sun …

10 Former Players Sue National Hockey League Over Concussions

The National Hockey League was sued by former players accusing it of concealing the risk of severe brain injuries three months after the National Football League agreed to pay $765 million to settle similar claims. The NHL ignored the dangers …

Generali CEO Greco Targets Cost Reductions to Boost Capital

Assicurazioni Generali SpA, Europe’s third-largest insurer, plans to cut an extra 150 million euros ($204 million) of costs by 2015 and reduce debt to boost profit and strengthen capital. The company increased its cost savings goal to 750 million euros …

Commissioner Denies TWIA’s Request to Raise Liability Limits

The primary windstorm insurer for Texas coastal properties won’t be raising limits of liability next year for property it covers. Insurance Commissioner Julia Rathgeber has denied a request by the Texas Windstorm Insurance Association to raise the limits on both …

General Star Adds Six New Coverages to Healthcare Product Line

General Star Management Co. has launched a new Healthcare Facilities Choice endorsement. The protection is available on miscellaneous healthcare facilities policies for risks that meet underwriting eligibility requirements. Six additional coverages are added to the “supplementary payments” section for qualified …

Combined Agents of America Expands in Kansas with New Member

Combined Agents of America LLC (CAA) has added a new member agency, Kansas-based Fouts, Davidson, Burks Agency LLC. CAA now has 53 insurance agency members. Fouts, Davidson, Burks Agency LLC. is a family owned and operated insurance agency with offices …

Progressive Names CEO Renwick as Chairman

Ohio-based Progressive Corp. has named President and CEO Glenn M. Renwick to the additional role of chairman following the death of previous chairman Peter Lewis. The insurer also said that board member Stephen Hardis has been elected lead independent director. …

Hogs Damaging Levees in Louisiana’s Jefferson Parish

Feral hogs in Louisiana are rooting up levees on Jefferson Parish’s west bank, causing damage that could pose a threat to flood protection, officials say. The west bank levee board has enlisted the help of the U.S. Agriculture Department determine …

Jury Awards Missouri Worker $28M for Lung Damage

A Laclede County jury has ordered a Missouri company to pay $28 million to a worker who claimed his lungs were damaged at a compressor plant in south-central Missouri. In the lawsuit, Philip Berger, 56, claimed he developed inflammation of …

Twitty Joins Frost Insurance as Market President for Dallas Office

Jeff Twitty, an insurance executive with more than 30 years of insurance and risk management experience, has been named market president for the Dallas office of Frost Insurance, the insurance subsidiary of Frost. Twitty has held senior roles with an …