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Cumberland Appoints Ritter as CEO

New Jersey-based The Cumberland Insurance Group has named Paul J. Ritter III president and CEO, following the retirement of current president and CEO Robert P. Brady after 33 years of service. Ritter joined Cumberland in 1999 as the assistant secretary …

Court Upholds Verdict for Connecticut Woman Wrongly Diagnosed

The Connecticut Supreme Court has upheld a verdict in favor of a woman who sued her gynecologist and Yale University School of Medicine claiming doctors misdiagnosed her with cancer and performed an unnecessary hysterectomy. The high court ruled unanimously Friday …

Mullen Named President of Dallas Chapter of CPCU Society

The Dallas Chapter of the Chartered Property Casualty Underwriters Society has elected the following officers for the 2010-2011 year. President John Mullen of Unitrin Specialty President-Elect Tracey L. Weston of AAA Texas Vice-President Belinda G. Ervin of RLI Corporation Treasurer …

Alteris Launches Residential Lease Guarantee Program with Insurent

Alteris Inc., a provider for the managing general agency community, has partnered with Insurent Agency Corp. to provide an insurance program focused exclusively on guaranteeing residential leases. Established in 2008, the Insurent Lease Guaranty Program offers financial guarantees to landlords …

Wrestler’s Widow Suing WWE, Connecticut Senate Candidate

The widow of a World Wrestling Entertainment performer who died in a 1999 stunt says she’s suing the Connecticut-based company and its leaders, including Republican U.S. Senate candidate Linda McMahon. Martha Hart said McMahon, who stepped down as WWE chief …

Munich Re Expands Admitted Capabilities for Program Administrators

As part of a strategy to expand its capabilities for program administrators, two additional admitted companies–American Family Home Insurance Co. (AFH) and American Southern Home Insurance Co. (ASH)–are now available to program administrators of the Specialty Markets Division of Munich …

Oklahoma State Revenue Up but So Is Unemployment Rate

The good news is that state revenue in Oklahoma is improving. The bad news is that the state’s unemployment rate is increasing. The state Board of Equalization has certified revenue that will be available to pay for state services during …

New Hurricane Insurer Enters Hawaii Market

Hawaii Insurance Commissioner J.P. Schmidt has announced the formation of a business association between First Insurance Company of Hawai’i (FICOH) and AXIS Insurance Co. Through this program, AXIS Insurance Co. will offer hurricane insurance to new and existing FICOH homeowners …

Judge Tells Louisiana to Reconsider Health Insurance Contract

A judge on June 21 ordered the state of Louisiana to reconsider its award of a contract to Blue Cross and Blue Shield of Louisiana to administer the HMO health plan for state workers, retirees and their dependents. Humana previously …

Ariz. Judge Rules Against State on Fund Raid

A new court ruling says the Arizona Legislature’s raid of nearly $4.7 million from a special fund for injured workers was illegal. Maricopa County Superior Court Judge Larry Grant says the money to be transferred into the state general fund …

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