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

Cybersecurity Analysts Stress Need for Data Sharing by Companies

In an 11-story office building in the Washington suburbs, hundreds of U.S. cybersecurity analysts work around the clock to foil hackers. Possible breaches of government networks show up as red flashes on screens that line the walls. Something big is …

Gross Will Lead SECURA in Wisconsin as President and CEO

Appleton, Wis.-based SECURA Insurance announced that Dave Gross is taking over as president and CEO of the company. Gross moved into the spot following the retirement of John Bykowski at the end of June. Bykowski will continue as Chairman of …

Eastern Alliance Insurance Opens First Michigan Office

Eastern Alliance Insurance Group has announced it will open an office in Grandville, Mich. as part of the company’s geographic expansion plan. The Grandville office, at 3980 Chicago Drive, is the company’s first office in Michigan. The Grandville site is …

NAS in California Makes Three Key Management Appointments

Encino, Calif.-based NAS Insurance Services announced the appointment of three key managers and executives across the company. Chris Reese has been promoted to director of underwriting. In her newly expanded role, Reese will lead the orientation, training and development program …

Reinsurers Starting to Drop their Terrorism Exclusions

As property insurers lock up their July 1 reinsurance renewals, many are finding a bonus surprise above and beyond the soft pricing environment – the terrorism exclusions that have been standard in reinsurance contracts for the past decade are, in …

R.I.’s Narragansett Bay Insurance Company Announces 13 Promotions

Narragansett Bay Insurance Company in Pawtucket, Rhode Island, has announced 13 promotions. The employees promoted, their hometowns and their new positions are listed below. All employees are based in the Pawtucket headquarters, with the exception of Donna Doyle who is …

Markel Promotes Grinnan to General Counsel

Richmond, Virginia-based Markel Corp. has promoted Richard Grinnan to general counsel and secretary. Grinnan succeeds Mike Jones, who has retired. Grinnan joined the company in 2012 as assistant general counsel. Before joining Markel, Grinnan served as deputy general counsel at …

Mass. Bill Would Add Liability Coverage to FAIR Plan’s Non-Owner Occupied Dwelling Policy

The Massachusetts Association of Insurance Agents (MAIA) is pushing a bill, S-465, that would require the Massachusetts Property Insurance Underwriting Association (MPIUA), also known as the Massachusetts FAIR Plan, to have liability coverage included in its Non-Owner Occupied Dwelling policy …

Grodin Named Maryland’s Deputy Insurance Commissioner

Maryland Insurance Commissioner Therese M. Goldsmith announced the appointment of Nancy Grodin as deputy insurance commissioner. As deputy commissioner, Grodin will oversee day-to-day operations of the Maryland Insurance Administration (MIA), an independent state regulatory agency that regulates Maryland’s $26 billion …

Univest Acquires Sterner Insurance Associates in Pennsylvania

Univest Corporation of Pennsylvania and its insurance subsidiary, Univest Insurance Inc., announced the acquisition of Sterner Insurance Associates Inc. Sterner Insurance is a 21-person firm that operates two offices in Lehigh Valley and Berks County in Pennsylvania. The firm specializes …