February 5, 2014
The Pennsylvania Association of Mutual Insurance Companies (PAMIC) announced that Ron Gallagher will become the next president of PAMIC. Gallagher will assume the duties of that office on March 10, overlapping for three months with current president, Steve Elliot, who …
February 5, 2014
Towers Watson, a global professional services company, has launched DriveAbility 2.0 Score, a new analytical scoring model designed for the automobile insurance industry. DriveAbility 2.0 Score includes a GPS version with location-specific factors in the risk model and a non-GPS …
February 5, 2014
A federal court jury in Tacoma, Wash. has awarded $9 million to a former Vancouver police officer who was wrongfully convicted of sexually abusing his children in the 1980s and spent nearly 20 years in prison. Ray Spencer had alleged …
February 5, 2014
More than one-third (36 percent) of Americans would rent someone else’s home for vacation, but far fewer (20 percent) would rent out their own home to others, according to a new survey sponsored by the Chubb Group of Insurance Companies. …
February 5, 2014
California’s drought could dry up the state’s supply of hydroelectricity, prompting utilities to switch to more expensive gas-fired plants. The Sacramento Bee reported that while utilities don’t anticipate shortages when summer’s peak electricity demand arrives, customers could eventually end up …
February 5, 2014
AssuredPartners Inc. has completed the acquisition of Golden, Colo.-based AirSure Limited LLC. AirSure specializes in insurance coverage, employee benefits and risk management services for businesses in the aviation industry, including commercial operations, corporate aircraft services and helicopters. AirSure Limited reports …
February 5, 2014
Oklahoma Insurance Commissioner John D. Doak is hosting a consumer assistance event to help tornado survivors with their insurance claims and inform them of important tax information, including possible deductions, the state insurance department announced. Doak, along with Todd Pefferman, …
February 5, 2014
Brightway Insurance, a national independent insurance retailer, has opened its first Missouri store. Associate agency owner Gary Silverman opened the location in Chesterfield, at 125 Long Rd. Ste. C. Silverman previously owned Insurance Solutions of Missouri. Brightway plans to open …
February 5, 2014
The Property Casualty Insurers Association of America (PCI)said it has added three new hires. Tom Glassic will join the association as vice president, policy and government relations; Nicole Austin will join the association as assistant vice president, federal government relations, …
February 5, 2014
Willis North America, a unit of global risk advisor and insurance broker Willis Group Holdings, has appointed Renee Folkerts as surety manager at Willis of Oklahoma. Folkerts will be responsible for client service and business development. She will work to …