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Francis L. Dean & Associates Opens Indiana Office

Sports, leisure and entertainment risks insurance provider Francis L. Dean & Associates Inc. has opened a new location in Fort Wayne, Ind. Francis L. Dean & Associates of Indiana LLC is the company’s sixth location. It will provide underwriting, product …

Island Insurance President Elected to NCCI Board of Directors

The National Council on Compensation Insurance Inc. (NCCI), the largest provider of workers compensation and employee injury data and statistics in the nation, has elected John Schapperle, president and chief operating officer of Island Insurance, to its board of directors. …

Indiana’s MJ Insurance Named a 2010 ‘Top Workplace’

MJ Insurance, a privately-held insurance agency based in Indianapolis, Ind., has been named one of Indiana’s Top Workplaces 2010 by The Indianapolis Star. The Top Workplaces program recognizes the leading workplaces in Central Indiana and is an honor determined solely …

Zurich Expands Underwriting Staff in Southwest

Zurich, a property/casualty insurance provider, has added six people to its underwriting staff in its Southwest region offices. They are: Matt Sweesy has been brought in to lead expansion efforts in the Strategic Risk Solutions business. He is relocating from …

New Jersey Court Reverses Ruling in Insurance Records Case

A New Jersey court has found that records of settlements reached by insurance companies on behalf of government entities should be open to the public. In 2008, lawyer Mark Cimino asked used the state’s Open Public Records Act to request …

Somali Pirates Seize Greek-owned Ship in Gulf of Aden

Somali pirates have seized a Liberia-flagged and Greek-owned ship with 24 people aboard in the Gulf of Aden, officials said on Wednesday. The ship, managed by Eurobulk Ltd and named Eleni P, was carrying iron and sailing from Ukraine to …

MEMIC’s Leonard to Chair of Workers’ Comp Organization

John T. Leonard, president and CEO of Maine-based workers’ comp insurer the MEMIC Group, has been elected chairman of the National Council on Compensation Insurance Inc. (NCCI). NCCI is the a key ratemaking organization in the workers’ compensation insurance industry. …

Willis Research Warns of Costly Consequences of Volcanic Eruptions

The world’s attention has been focused on the plumes of ash that continue to rise into the sky from the Eyjafjallajökull volcano in Iceland. The microscopic grit in the ash cloud poses an ongoing threat to aircraft, and has caused …

United Farm Bureau of Indiana Ratings Affirmed; Countryway Downgraded

A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of the United Farm Bureau of Indiana Group (the Group) and two members, United Farm Family Mutual Insurance Company (Mutual) …

Allied World Joins with Security Firm for K&R Coverage

Bermuda-based Allied World Assurance Company Holdings announced today that it has joined forces with red24™, an independent, global security consultancy firm. The tie up will enhance Allied World’s new ForceField(SM) Kidnap & Ransom/Extortion coverage. The bulletin, explained that “red24 will …

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