July 15, 2010
ACE UK announced the appointment of Matthew Shaw as President, ACE Global Markets (AGM) and Active Underwriter for Lloyd’s Syndicate 2488. In addition, subject to Lloyd’s and FSA approval, he will become a member of the Board for both ACE …
July 15, 2010
Two Atlanta couples are suing BP PLC for damages as a result of the Gulf oil spill. The class-action lawsuit, filed in the U.S. District Court of Northern Georgia, seeks compensation for loss of income, property value and enjoyment by …
July 15, 2010
An initiative to eliminate Washington’s workers’ compensation insurance monopoly and allow private insurers to offer coverage for workplace injuries has qualified for the November ballot. Secretary of State Sam Reed certified Initiative 1082 after workers checked a random sample of …
July 15, 2010
Former Sledge Mayor Bernard Handy, former City Clerk Mary Allen and current City Clerk Yvonne Amos have been issued demand letters for the repayment of illegally spent Fire Insurance Rebate Program funds. Auditor Stacey Pickering and Insurance Commissioner Mike Chaney …
July 15, 2010
Birmingham has banned texting while driving. The Birmingham City Council voted unanimously to set a $100 fine for drivers caught texting. Councilman Johnathan Austin, chairman of the council’s public safety committee, compared the rule to a seat belt law. He …
July 15, 2010
Both sides presented their views at a hearing of the House Ways and Means Committee on Wednesday, July 14. Compromise over whether or not to disallow deductions for premiums paid to purchase reinsurance from “affiliated companies,” who are located outside …
July 15, 2010
The Arizona Chamber of Commerce and Industry has recognized SCF Arizona President and CEO Don Smith for his vision for positive change in public policy by awarding him its Transformational Leader Award for 2010. Under Smith’s 10-year leadership, the 85-year-old …
July 15, 2010
Tina Carroll, a State Farm agent, has been named president of The Insurance Professionals of Central of Virginia for the group’s 2010 to 2011 year. The group’s other newly elected officers are Vice President Sheila Norris, Secretary Macon Bailey, and …
July 15, 2010
BB&T Insurance Services of California Inc. announced it has named Michael DeMore senior vice president and employee benefits manager of the Irvine, Calif., operation. DeMore has more than 30 years of experience in the employee benefits arena and has a …
July 15, 2010
The nation’s top mine safety official urged quick passage this week of a bill that would crack down on mines with safety problems, despite industry complaints that the legislation is too punitive. Mine Safety and Health Administration director Joe Main …