May 24, 2010
Insurance agency marketing and web services provider Astonish Results is opening an office in Orlando, Fla. In addition to personnel, the Orlando office houses a training facility for the Rhode Island-based firm. The company said the new Orlando office provides …
May 24, 2010
The Princeton NJ-based Catastrophe Risk Exchange (CATEX) and London-based TriSystems, both providers of technology platform and services to the global insurance and reinsurance industries, announced a strategic partnership “to deliver a full end-to-end solution for bordereau formatting, processing and reporting. …
May 24, 2010
A former executive at Rhode Island’s dominant workers’ compensation insurer was acquitted Friday on a charge that he deceived state regulators about companies that were receiving discounted premiums. Superior Court Judge Edwin Gale acquitted David Clark, a former vice president …
May 21, 2010
The Ohio Supreme Court has issued a slip opinion finding that attorney fees are distinct from punitive damages and that public policy does not prevent an insurance company from covering those fees on behalf of an insured. In Neal-Pettit v. …
May 21, 2010
New Jersey-based NIA Group, part of Marsh Agency, has hired three new insurance producers in its Mount Laurel, Paramus and Somerset offices. Derek Kimmel, who joins the Mount Laurel office, has broad experience in employee benefits and property and casualty …
May 21, 2010
General Star Management Company has launched a new miscellaneous professional liability (MPL) program available in all states. The program is offered through V3 Insurance Partners LLC, General Star’s exclusive program administrator for this new national facility. The Vantage360 MPL program …
May 21, 2010
Nearly one month after the April 23-24 tornadoes, federal disaster assistance provided to tornado survivors reached more than $2.4 million, according to the Mississippi Emergency Management Agency and the Federal Emergency Management Agency. More than 1,600 individuals, families and businesses …
May 21, 2010
Munich Re has obtained cover for US hurricane and European windstorm risks amounting to US$ 80 million from special-purpose vehicle EOS Wind Ltd, which placed a catastrophe bond in the market. “MEAG, Munich Re’s asset management company, came up with …
May 21, 2010
Drivers who make a left turn in the face of oncoming traffic may also face a traffic ticket, under a measure signed into law by Gov. Brad Henry. The new law, which goes into effect on Nov. 1, eliminates language …
May 21, 2010
Agreeing on a $1 trillion safety net may prove the easy part of saving the euro now the European Union’s leaders are turning to the divisive issue of tightening economic policy coordination. The European Commission wants to reinforce economic surveillance …