News

Crump Adds to Atlanta Team: Sherwin, Duran, Yoss, Feldhaus

Crump Insurance Services, Inc. has invested in new talent for its Atlanta brokerage location. Terry Sherwin has joined Crump as the Atlanta office leader; and property brokers Alex Duran, Jordan Yoss and Carl Feldhaus have joined the Atlanta property team. …

Oklahoma’s Price Gouging Statute in Effect Following Storms

Oklahoma Attorney General Drew Edmondson said the state’s price gouging law is in effect in 56 Oklahoma counties following Gov. Brad Henry’ declared a state of emergency for those areas devastated by severe storms on May 10. Oklahoma’s Emergency Price …

Grimaldi Joins American E&S in Atlanta

American E&S Insurance Brokers has appointed Bob Grimaldi as the newest broker in its Atlanta branch. Reporting to Branch Manager Jud Hobby, Grimaldi will focus on property coverages with a specialty in layered coastal placements. Grimaldi comes to AES most …

Tardy Greek Debt Bailout Spreads Financial Crisis beyond Europe

Last weekend the leaders of the European Union finally realized that their dithering over a financial aid package for Greece had imperiled the entire continent’s financial structure. They acted to stem the tide by adopting – subject as usual to …

Senators Slam Oil Executives Over Gulf Spill

U.S. senators Tuesday tried to pin the blame for the Gulf of Mexico oil spill on the companies involved, scrutinizing their safety practices and demanding full compensation be paid for the cleanup. In hearings before two Senate committees, lawmakers accused …

Tornado Shelter Legislation Killed in Oklahoma Senate

The Oklahoma Senate has killed a bill that would have required owners of mobile and RV parks to provide tenants with a plan to seek shelter. The bill’s author, State Rep. Pat Ownbey, praised a mobile home park south of …

Montupet Elected as New PartnerRe Board Chairman

Bermuda-based PartnerRe Ltd. announced today that, Jean-Paul Montupet has been named as Chairman of its Board of Directors, following his re-election as a Director. He replaces John Rollwagen, who was also re-elected as a Director and will remain a member …

Northwest Faces Increased Wildfire Risk in 2010

El Nino weather patterns and a relatively mild winter left Idaho, eastern Washington and south central Oregon drier than normal and vulnerable to wildfire, accoridng to the Federal Emergency Management Agency (FEMA). In addition to urging extreme caution with campfires, …

Florida Creates Legal Team on Oil Spill Recovery

Two former Florida attorney generals will be leading a legal team to represent the state on issues resulting from a runaway oil leak in the Gulf of Mexico. Jim Smith, who was attorney general between 1979 and 1987 and later …

Wisconsin Recovered More than $4.3 Million From Insurers

Wisconsin’s Office of the Commissioner of Insurance recently released its 2009 Insurance Complaints and Administrative Actions report summarizing the complaints received across all lines of insurance covering insurer activities such as underwriting and rating, marketing and claims processing. During 2009, …

News Archives by Month