Monthly Archives: <span>April 2014</span>

Jim Sce Joins Sullivan Brokers

Los Angeles, CA, 4/21/14 – Sullivan Brokers Wholesale Insurance Solutions is pleased to announce that effective April 15, 2014; Jim Sce has joined the firm’s Casualty Practice Group in the position of Vice President. In addition to his well-known & …

Local Officials Urged to Educate Public on Storm Risks, Building for Future

Two of the country’s top disaster experts challenged emergency managers and forecasters from Texas to Maine to help educate coastal residents and developers about hurricane hazards. Speaking at the National Hurricane Conference in Orlando, the head of the Federal Emergency …

Geico to Add 500 Jobs in Georgia

A national insurance company has announced plans to create new jobs in middle Georgia. The Telegraph of Macon reported that Geico is planning to add more than 500 new positions to its Macon office by the end of the year. …

Florida Court Finds Law Protects Against Pregnancy Discrimination

The state’s civil rights laws include the protection of women discriminated against for pregnancy, the Florida Supreme Court ruled Thursday. The opinion finds that the intent of current statute, though not explicitly addressing pregnancy, protects individuals based on gender. In …

People – South Central

Dallas, Texas – based RISC named Shawn O. Fabors president of the company upon the retirement of William D. Staub, Jr. The transition was effective Apr. 1. Staub joined RISC as president in January 2003 after serving as president and …

Global Reinsurer Capital at All-Time High of $540B: Aon Benfield

The latest edition of the Aon Benfield Aggregate (ABA) report estimates that global reinsurer capital totaled $540 billion as of Dec. 31, 2013, an increase of 7 percent ($35 billion) over the year, with net income up 16 percent to …

Cyber Coverage Demand Increased Significantly in 2013, Trend to Continue in 2014: Marsh

Demand for cyber insurance rose by 21 percent across all industries in 2013 compared to 2012, and early indications in 2014 are that the buying trend is accelerating, according to a Marsh Risk Management Research report. Marsh found that financial …

Declarations

New Team “For many New Yorkers, it’s been the worst 17 months of their lives.” —New York City Mayor Bill de Blasio on challenges faced by New Yorkers who are still recovering from Superstorm Sandy. The mayor on March 29 …

Business Moves

Marsh & McLennan, Capstone Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC, has acquired Capstone Insurance Services LLC, a $1.8 million revenue agency located in Greenville, S.C. Terms of the transaction were not disclosed. Founded …

The Specialized Risks of Special Events

As the days of spring get longer and the weather warms into summer, communities and towns across the country will come out of hibernation and celebrate – with fairs, festivals and open air festivities. Memorial Day, Independence Day and outdoor …