July 6, 2010
The Chubb Corporation announced that the China Insurance Regulatory Commission (CIRC) has granted approval to its wholly owned subsidiary, Chubb Insurance (China) Company Limited, to establish a branch in Nanjing, Jiangsu Province. Chubb said that additional approvals from CIRC and …
July 6, 2010
A former government mine safety analyst has been indicted on charges of falsifying multiple reports while working for the Kentucky Office of Mine Safety and Licensing. Betty Sue Whitaker of Hazard faces 58 counts of tampering with public records after …
July 6, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s of London and Lloyd’s Reinsurance Company (China) Limited. Best also affirmed the ICR of “a” of the Society of …
July 6, 2010
A jury awarded $2.45 million Friday in a malpractice case to the estate of a Connecticut woman who had also that claimed botched cancer treatments damaged her same-sex relationship, attorneys said. Margaret Mueller and Charlotte Stacey sued two doctors in …
July 6, 2010
When uttered together by a client, the five words in the headline of this article are — potentially — very dangerous words. Note the following claim and ask yourself, “Could this happen in my agency?” The insured apparently has a …
July 6, 2010
The Georgia Supreme Court says a Forsyth County teacher can’t be held liable for a student’s injury during a bottle rocket experiment. The court ruled last week in a 4-3 decision that South Forsyth Middle School teacher Patricia Grammens is …
July 6, 2010
La Nina is likely to cool the tropical Pacific in coming months, a phenomenon which usually causes stronger monsoons across Asia and eastern Australia, the World Meteorological Organization (WMO) said on Tuesday. The weather condition also promotes the development of …
July 6, 2010
Florida-based insurance agency Brown & Brown has acquired Meridian Group of New York, Inc. Meridian Group, with annual revenues of approximately $1.3 million, provides life, health, and other employee benefits products and services to individuals, businesses, public entities, non-profit organizations, …
July 6, 2010
Reno, Nev.-based workers’ compensation insurer Employers Holdings has announced the elimination of 161 positions, including 44 at its headquarters. Employers Holdings offers workers’ compensation insurance to about 44,000 small businesses in 30 states. After the cuts, the company has about …
July 6, 2010
Florida-based agency Brown & Brown has acquired Eberhart & Company Insurors, Inc.of Roswell, Georgia. With revenues of approximately $1 million, Eberhart has served the insurance needs of individuals and businesses in the Atlanta metropolitan area since 1969. Eberhart principals Ralph …