V3 Insurance Partners LLC has introduced “Vantage360 MPL”, its miscellaneous professional liability program. Designed for non-degreed professionals and professional service firms, it includes two revolutionary features: a reputation restoration coverage extension and a consent-to-settle clause with no “hammer” provisions. A …
The Chubb Corp. is telling its shareholders to reject an unsolicited “mini-tender” offer by TRC Capital Corp. (TRC) to purchase up to two million shares, or approximately 0.6 percent, of the outstanding Chubb common stock at a price of $47.00 …
Excess and surplus lines broker Maclean, Oddy & Associates Inc. (MOA) has appointed Sharon Schiappa as vice president and producer. Schiappa is based in Houston. Schiappa brings more than 25 years of marine and energy insurance experience to MOA, working …
Pennsylvania-based GUARD Insurance Group Chief Executive Officer Sy Foguel has assumed the role of company president and former chief administrative officer Carl Witkowski was promoted to chief operating officer. The shift in management roles follows the retirement of GUARD co-founders …
Houston-based HCC Insurance Holdings Inc., announced that effective Aug. 10, 2010, W. Tobin Whamond, executive vice president and chief financial officer of HCC, will become chief operating officer, and Brad T. Irick, who was hired on May 10 as an …
Gaylord Entertainment Co. says it expects the total remediation and rebuild cost for its properties in Nashville, Tennessee damaged by early May’s record flooding to be between $215 million and $225 million. The costs include approximately $165 to $172 million …
Premier Insurance Management Services Inc. (PIMS) has been endorsed by Allied World Assurance Co. and its affiliates (Allied World) for primary hospital professional liability coverage offering risk management and hospital medical malpractice protection to not-for-profit hospital members of the Premier …
A jury says the New Hampshire Transportation Department was not responsible for a 2007 Interstate 93 crash that killed a 6-year-old boy. A jury in Rockingham Superior Court returned the verdict following a civil trial. A Canadian trucking company sued …
Lexington Insurance Co., a Chartis company, has introduced a self storage facilities program, which provides tailored property and liability coverage for owners of self storage facilities. Lexington is working with All Risks, Ltd.’s National Specialty Programs unit to serve this …
A New Jersey jury has awarded $7.2 million to a doctor who sued the Port Authority of New York and New Jersey after she fell and broke her elbow at a North Jersey rail station. Lawyers for Soma Mandal of …
