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Calif. Commissioner Poizner Gains Ground in Race for Governor

California Insurance Commissioner Steve Poizner is gaining ground on his Republican opponent Meg Whitman in the primary race for state governor. With one month until votes are counted, SurveyUSA’s latest tracking poll shows former eBay CEO Meg Whitman receiving 39 …

Max Capital, Harbor Point Merged to Create Alterra Capital

Alterra Capital Holdings Limited announced the closing of a “merger of equals” between Max Capital Group Ltd. and Harbor Point Limited, following the receipt of all necessary regulatory approvals, as well as approval of the transaction by the respective shareholders …

Florida Eliminates Time Limit on Sex Abuse Claims

Florida’s governor has signed a bill eliminating all time limits for filing criminal or civil action alleging sexual abuse of children. Gov. Charlie Crist signed the bill (HB 525) on Tuesday. It lifts statutes of limitations for pursuing criminal or …

Court: Pennsylvania City, Not Insurer, Must Pay Settlement

A federal appeals court says an eastern Pennsylvania city and not its insurance company must pay a multimillion-dollar settlement with the widow of a police officer accidentally shot by another officer inside police headquarters. The 3rd U.S. Circuit Court of …

Massachusetts Greenhouse Fires Causes $4.5M in Damage

Investigators say a five-alarm fire that caused an estimated $4.5 million in damages to a Sudbury, Massachusetts greenhouse operation was caused by a tractor malfunction. The state fire marshal and the Sudbury fire chief said in a joint statement that …

Frost Insurance Promotes Brown, Announces New Hires

Kevin Brown has been promoted to Austin Market president for Frost Insurance, overseeing all insurance divisions in the Austin and San Marcos, Texas, locations. He also serves as the statewide practice leader for the Employee Benefits brokerage and consulting division. …

Louisiana Sales Tax Holiday for Hurricane Supplies: May 29-30

Hurricane season is fast approaching and the state of Louisiana wants to help residents prepare. On May 29 and 30, Louisianans can get a tax break when buying emergency supplies, including self-powered light sources like flashlights and candles; portable self-powered …

What Agents Think Makes a Great Insurance Carrier Field Rep

Independent insurance agents often rate a carrier with great field representatives higher than others — sometimes elevating them to their “Top 3” carriers. While the performance of insurance company field representatives doesn’t rise to the top of independent agents’ minds …

Former New Jersey Cop Wins $5M in Lawsuit Against State Police

A former municipal police officer who sued a New Jersey state trooper for excessive use of force has been awarded $5 million. The New Jersey Turnpike Authority says it plans to appeal the jury’s decision. Gary Wade, then a Tinton …

Zurich, Allied World Lead Carriers for OnPoint’s Indian Nations Program

OnPoint Underwriting has made Zurich in North America and Allied World Assurance Co. Inc. the lead carriers for its program for Sovereign Indian Nations. These programs are effective July 1, 2010, for all of OnPoint’s renewing customers and new client …

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