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

Global Excess Partners Hires Carmody From AIG in New York

Global Excess Partners, a managing general agent, has hired Liz Carmody as senior vice president. She is based in New York City. Carmody will assist in managing the firm’s large property and mid-market accounts. In addition to managing property accounts, …

Prop. 103 vs. Self-driving Cars Revving up in California

Way back in 1988 it probably seemed like the idea of self-driving vehicles was about as far off as flying cars or hovercraft. That was the year California voters enacted Proposition 103, giving among other things an insurance commissioner the …

Lockton’s D.C. Office Hires Bartnik From Wells Fargo

Privately-held insurance broker Lockton Companies has hired Chris Bartnik as senior vice president. Based in Lockton’s Washington, D.C., office, Bartnik will join Lockton’s Employee Benefits business team that provides health, welfare, and voluntary benefit plan services for a wide range …

Arthur J. Gallagher Acquires Hagedorn & Co. in New York

Arthur J. Gallagher & Co. announced that it has acquired Hagedorn & Company located in New York, New York. Terms of the transaction were not disclosed. Founded in 1869, Hagedorn is a retail insurance broker providing property/casualty, risk management, group …

Vermont Health Connect Website Temporarily Shut Down

Vermont Gov. Peter Shumlin says the state is temporarily shutting down the Vermont Health Connect website so it can be fixed before the start of the next enrollment period in November. Shumlin and other state officials said at a Tuesday …

Endangered Birds Halt Dune Project in Long Island, N.Y.

A federal judge has temporarily halted a dune replenishment project on New York’s Fire Island over concerns it could harm an endangered bird population. Newsday reports Judge Sandra Feuerstein’s ruling on Sept. 12 stops work at Smith Point County Park …

Allianz to Assume Fireman’s Fund Commercial Lines; Future of Personal Lines Uncertain

German insurance giant Allianz said it will absorb the commercial lines business of its U.S. subsidiary Fireman’s Fund Insurance Co. into one of its own global divisions. Meanwhile, after days of declining to comment, Allianz has acknowledged it is considering …

Metro-North Train Crash Settlements Reached in Connecticut

Four of 28 people who sued the Metro-North Railroad in federal court after being injured in a train crash in Connecticut last year have settled with the commuter railroad, lawyers involved in the case said Monday. Terms of the deals …

FNA Insurance Services Appoints Quirk as AVP in New York

FNA Insurance Services in New Hyde Park, New York, has hired Stephen J. Quirk as assistant vice president of executive benefits, responsible for overseeing the growth of individual life, disability and long term care products and services for FNA’s network …

$3M Auto Insurance Fraud Scheme in Texas Leads to Prison Time

Two Bryan, Texas, men have been sentenced for their roles in a scheme that authorities say defrauded insurance companies of more than $3 million. Earlie Dickerson, a former office manager, was sentenced in Houston federal court to 14 years in …