October 7, 2010
Maryland-based All Risks Ltd. has hired Ginger Hayes as marine underwriter. She has over 30 years of experience in the insurance industry, most of that time as a producer and underwriter in the commercial marine insurance arena. Hayes most recently …
October 7, 2010
A lawyer representing 10,000 ground zero workers suing New York City over their exposure to World Trade Center dust said Tuesday that 75 percent have signed a settlement resolving their claims and most of the rest have indicated they will …
October 6, 2010
New Jersey-based wholesaler Jimcor Agencies has hired Frazier J. Tharpe as professional liability specialist. Tharpe has 25 years of experience having worked on the carrier, wholesaler and claims sides of the insurance industry, concentrating in professional liability coverage. __ Source: …
October 6, 2010
Insurance broker Brown & Brown Inc. has acquired New York-based Martin Benefits Consulting and Martin Human Resources. Terms of the deal were not disclosed. The businesses — which have combined annual revenues of approximately $3 million — offer employee benefits …
October 5, 2010
Specialty insurer Beazley has hired Lila Rymer to join its political risks team, writing business in the U.S. from the company’s New York office. She joins Beazley from Atradius Credit Insurance, where she was a senior underwriter and business development …
October 5, 2010
The National Weather Service has confirmed that a tornado hit a neighborhood in Anne Arundel County in Maryland. The weather service says the tornado with winds up to 80 mph touched down in Milburn during heavy storms on Thursday. Forecasters …
October 4, 2010
A trade group for agents in several Northeast states are urging Massachusetts regulators to rethink new paperwork requirements for out-of-state businesses’ workers’ comp coverage. Massachusetts Division of Insurance last month announced new rules requiring out-of-state businesses to submit additional paperwork …
October 4, 2010
New Jersey-based wholesaler Crump Property & Casualty Insurance Services Inc. has acquired Target Underwriting Management Corp., a managing general underwriter and program administrator headquartered in Connecticut. The acquired assets include Target Insurance Services, Garden State Insurance Services and Florida Liability …
October 4, 2010
The U.S. Geological Survey says a minor earthquake has hit Virginia. Dale Grant, a geophysicist with the USGS, said the magnitude 3.0 earthquake happened at 4:17 p.m. Saturday. Its epicenter was about 20 miles north of Richmond. Grant said there …
October 1, 2010
Chicago-based insurance holding company Old Republic International Corp. has completed its acquisition of PMA Capital Corp. In connection with the closing of the merger, Pennsylvania-based PMA changed its name to PMA Cos. Inc. Al Zucaro, chairman and CEO of Old …