As early as 2016 or 2017 commercial insurance will likely be bought and sold regularly over the Internet. That likely-to-be controversial opinion is courtesy of Compare.com CEO Andrew Rose. As he speaks to a reporter, in one breath Rose doesn’t …
Closing arguments are scheduled for Wednesday in the U.S Court of Federal Claims in Washington, D.C. in a lawsuit challenging the 2008 government bailout of American International Group (AIG). The suit was brought by Starr International Co. and its CEO …
Paragon Insurance Holdings LLC., a managing general agency based in Avon, Connecticut, hired Randy Roppelt as president of the Construction Division. Prior to joining Paragon Insurance, Roppelt was president and chief underwriting officer for Coventry Risk Specialty, a managing general …
Burns & Wilcox Brokerage has opened a Scottsdale, Ariz. office. Managing Director Marc Adler will oversee operations, as well as providing expert brokerage services. Adler has more than 25 years of experience, most recently in construction and environmental brokerage at …
Connecticut Gov. Dannel P. Malloy’s proposal to cut money from a state grant program to community mental health and substance abuse providers is prompting an outcry from advocates and families of Newtown massacre victims in Connecticut, who warn patients will …
Jim Clay, chairman and CEO of the Ohio-based insurance and financial services company, Westfield Group, has been named chairman of the private sector business development group, Team Northeast Ohio (Team NEO). Team NEO is a regional collaboration of Northeast Ohio’s …
Five years after the largest oil spill in U.S. history spewed millions of gallons of crude into the Gulf of Mexico, many Louisiana oystermen are fearful that a once-bountiful population of the mollusks may never recover. “My kids are losing …
A dispute over the ownership of a trademark for an annual football contest is set to go to trial May 31. The suit, filed last May in federal court in Baton Rouge, La., involves the “Bayou Classic,” the annual football …
A southern Illinois fire chief says a string of fires at rental properties do not appear to be connected. The (Carbondale) Southern Illinoisan reports there have been 12 fires at rental homes since May 2014. Seven of them happened in …
A.M. Besthas downgraded the financial strength rating to B- (Fair) from B (Fair) and the issuer credit rating to “bb-” from “bb” of Unique Insurance Co. (Unique) of Chicago, Ill. The outlook for both ratings has been revised to negative …
