July 16, 2010
Will Davis, a partner with the law firm of Thompson, Coe, Cousins and Irons LLC, has been presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 18th Annual Mid-Year Property and Casualty Symposium in Austin. Davis becomes …
July 16, 2010
McGrath Insurance Group of Sturbridge, Massachusetts has acquired the Prouty Agency, also of Sturbridge, for an undisclosed sum. “Prouty Insurance has a strong tradition of providing close, personal customer service,” said McGrath President and CEO Richard McGrath. “For an independent …
July 16, 2010
News that oil has stopped leaking from BP’s blown-out well into the Gulf of Mexico spread a wave of relief Thursday among coastal residents, but it failed to dispel concerns about the disaster’s long-term impact. “I tell you what, we …
July 16, 2010
Yesterday’s hearing before the House Ways and Means Committee has inspired both sides in the debate over Rep. Richard Neal’s (D-MA) plan, HR3424, to tax foreign-based insurers and reinsurers. [See IJ web site – https://www.insurancejournal.com/news/national/2010/07/15/111603.htm ]. The immediate focus is …
July 16, 2010
Law enforcement officials say North Carolina’s crime rate in 2009 was the lowest in a quarter-century. The statistics released by the office of Attorney General Roy Cooper show particlar improvements in violent crimes. Murders were down 19 percent and robberies …
July 16, 2010
In a brief statement Lloyd’s of London officially welcomed the successful passage of the Dodd-Frank Act through the US Senate. Sean McGovern, Lloyd’s Director and General Counsel, stated: “We welcome the passage of the Dodd-Frank Act and look forward to …
July 16, 2010
Georgia Insurance Commissioner John Oxendine is the apparent leader in the race for the Republican nomination for governor in a just-released poll. The latest poll shows Oxendine with 31 percent of the vote to 23 percent for former Secretary of …
July 16, 2010
Investigators were looking for clues Thursday into what caused an oven at a U.S. Steel plant near Pittsburgh to explode, injuring 20 workers and starting a fire that burned for hours. The powerful blast in the coke oven at Clairton …
July 16, 2010
Willis, the global insurance broker, has named Mark Harris senior vice president in the company’s Risk Specialties Practice in Chicago. He will be responsible for business development with a focus on Fortune 1000, middle market, law firms and other professional …
July 16, 2010
Rhode Island’s Supreme Court has ruled that a man who became a quadriplegic when he fell from Newport’s Cliff Walk while on his honeymoon can move forward with his lawsuit. The city of Newport wanted to re-argue the case, but …