Transocean Ltd, owner of the Deepwater Horizon rig that exploded and sank last month killing 11 people, wants to limit its liability for the accident to about $27 million, according to a U.S. court filing Thursday. With analysts anticipating many …
Ronald Polkey, a sun-weathered shrimp boat captain from the Louisiana resort and fishing hub of Grand Isle, La., should be out on the water working his nets to bring in a day’s catch. But with most of the region’s shrimping …
The chorus urging Florida Gov. Charlie Crist to sign an omnibus property insurance measure passed by the Legislature is growing. One of the state’s leading consumer advocates, Walter Dartland, of the Consumer Federation of the Southeast, has joined Insurance Commissioner …
Atlanta-based Crawford & Co., an independent provider of claims management solutions, has named Bentley R. Laytin vice president, western regional manager for U.S. Property & Casualty operations. Laytin has worked his entire 14-year career in the insurance industry with Crawford, …
The Kansas Legislature’s 2010 session has been a successful one for property/casualty insurers, according to the insurer trade group, the American Insurance Association (AIA). Among the issues that had concerned P/C insurers were proposals to limit or eliminate the insurer …
Irvine, Calif.-based SullivanCurtisMonroe has added Taylor Lister as an account executive in its Irvine Office. Lister joins SCM from Hub International, where she was an account executive. Prior to that, Lister held the position of senior sales representative at Liberty …
Craig A. Payan has been elected to serve as chairman of the board of directors for Itasca, Ill.-based Associated Risk Managers International Inc. Payan is president of PA&T Insurance and Financial Services, an independent insurance agency located in Orland Park, …
California Insurance Commissioner Steve Poizner announced that 1,010 insurance companies — more than 75 percent of insurers licensed to do business in California — have agreed to forgo future investments in 50 companies identified as doing business with Iran’s nuclear, …
January deal activity started out strong but continued to decline in February and further in March. Nonetheless, first quarter merger and acquisition (M&A) activity bested last year’s first quarter performance with 54 deals compared to 51. Despite the decline in …
Peter Quirk, a national accounts sales consultant in the Lisle, Ill. office of ISO, has been elected president of the Chicago West Suburban chapter of the Chartered Property Casualty Underwriting Society. Quirk received his CPCU designation in 2007, and joined …
