Monthly Archives: <span>April 2017</span>

Report: 90% of Firefighters in Kansas Are Underfunded Volunteers

Volunteer firefighters, who make up 90 percent of the firefighters in Kansas, are seeking additional funding. Kansas spends about $300,000 at the state level on firefighting, less than almost any other state, the Wichita Eagle reported. This resulted in local …

Iowa’s Grinnell Mutual Launches National Reinsurance Unit

Grinnell Re, a division of Grinnell, Iowa-based Grinnell Mutual, has launched a new team, National Reinsurance. Rick Tjarks, assistant vice president, and Randy Dammeyer, senior account executive, have been chosen to lead the new National Reinsurance team. The newly formed …

Hamilton’s Duperreault Among Candidates Being Considered as AIG CEO

American International Group Inc. is weighing a plan to hire Brian Duperreault as the company’s seventh chief executive officer since 2005, according to people familiar with the board’s deliberations. Other candidates are still being considered as the board seeks a …

Wisconsin Company Resolves Federal Wellness, Retaliation Case for $100K

The U.S. Equal Employment Opportunity Commission (EEOC) reported it has resolved a lawsuit against Orion Energy Systems, a Manitowoc, Wis., lighting company. The EEOC had challenged the company’s wellness program under the Americans with Disabilities Act (ADA) and alleged that …

Ford Joins Texas Agents Group as Continuous Improvement Director

The Independent Insurance Agents of Texas (IIAT) announced that Angela Ford has joined IIAT as the director of continuous improvement. Ford has more than 25 years of experience in the insurance industry, managing all aspects of technology implementation, consulting independent …

Jury Awards $350K to Mother of Teen Killed by Chicago Police

The mother of a black teenager killed by Chicago police in July 2013 has been awarded $350,000. The Chicago Tribune reports that a jury awarded the damages after finding that the shooting of 17-year-old Christian Green was unjustified. Attorney Victor …

Chubb Names Merna COO of North America Major Accounts

Chubb announced that Matt Merna has been appointed chief operating officer of its North America Major Accounts division, which serves large U.S. and Canadian-based companies with complex global risks. In this newly-expanded role, Merna will assist in overseeing the day-to-day …

BP Oil Spill Caused $17.2 Billion in Natural Resource Damage: Virginia Tech Scientists

The 2010 BP Deepwater Horizon oil spill did $17.2 billion in damage to the natural resources in the Gulf of Mexico, a team of scientists recently found after a six-year study of the impact of the largest oil spill in …

Amerisure Names Erie’s Ishwar as Chief Underwriting Officer

Amerisure Mutual Insurance Co. announced that Jayashree Ishwar has joined the company as chief underwriting officer. Ishwar will be accountable for corporate underwriting, loss control, advanced analytics and product divisions, and is the newest member of the company’s strategic leadership …

Warburg Seeks to Buy Minority Stake in India’s ICICI Lombard from Fairfax

Warburg Pincus is the frontrunner to acquire a minority stake in Indian insurer ICICI Lombard General Insurance Co. from Prem Watsa’s Fairfax Financial Holdings Ltd., according to people familiar with the matter. Toronto-based Fairfax, which owns 35 percent of ICICI …