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

CNA Appoints Middle Market Underwriting Director for Philadelphia Branch

CNA Financial Corporation has appointed Lori Feller as middle market underwriting director for the company’s Philadelphia branch.

Jones, Gaines to Face off for California Insurance Commissioner

It looks like incumbent Dave Jones will face off against Republican opponent Ted Gaines in the race for insurance commissioner, according to results from Tuesday’s primary election. Jones, a heavily favored Democrat, garnered 53.1 percent of the vote versus Gaines’ …

Farmers Withdraws Climate Change Suit Against Municipalities

Farmers Insurance Group, which filed nine class actions in May against nearly 200 communities in the Chicago area, is withdrawing its lawsuit. The suit accused the Illinois municipalities of failing to prepare for severe rains and flooding. It argued that …

Beecher Carlson Sets Up Private Equity/M&A Team, Hires 3 From Crystal and Co.

Beecher Carlson Insurance Services LLC, a specialized large account brokerage and a wholly-owned subsidiary of Brown & Brown Inc., established a national private equity/mergers and acquisitions team in New York. The private equity/M&A team will be led by Kevin Maloy …

N.Y. Lawmakers Urge Passage of Pregnancy Accommodation Bill

A bipartisan group of lawmakers in the New York State Legislature is urging passage of a bill that would accommodate the needs of pregnant women in the workplace. The measure would require employers to provide reasonable accommodations to pregnant women, …

General Star Contract Division Adds Product Liability for 50 Classes

General Star Management Co. has added product liability coverage to its suite of delegated authority product offerings. The new product liability feature consists of 50 classes and will be immediately accessible to all appointed contract P&C wholesale brokers. Expansion to …

Federal Officials Announce 6 Projects to Protect N.Y., N.J. From Storm Damage

A system of dikes around the tip of lower Manhattan, and water pumps and parks across the Hudson River in New Jersey were among the projects selected Monday to receive nearly $1 billion in federal funding as part of efforts …

Hawaii Ahead Of Many States On Obama Climate Goal

Hawaii is ahead most other states in accomplishing President Barack Obama’s goals to cut carbon levels. The Obama administration announced a plan Monday to cut carbon dioxide emissions from power plants nationwide by 30 percent by 2030. Power plant emissions …

Florida’s Sunshine State Insurance Insolvent; UPC to Assume Policies

Florida regulators have taken over an insolvent domestic residential property insurer, but a deal is in the works for another private company to assume the insurer’s 37,000 policies. A Leon County Circuit Court judge issued an order earlier this week …

Answer Financial Inc. Opens Insurance Sales Office in Utah

Encino, Calif.-based Answer Financial Inc. will open a fourth office in Ogden, Utah. The office, adjacent to operations for sister company Esurance, opens this summer. The office is currently taking applications for sales professionals. Answer plans to begin training its …