Connecticut lawmakers have approved a bill imposing extra taxes on bonuses paid to state employees of investment banks and insurers that received federal bailout aid during the economic crisis. The House of Representatives approved the bill 89-49 early Sunday, and …
The Indiana Supreme Court has found that an insurance company was wrong in denying coverage for injuries to an employee of an independent contractor under a farm personal liability policy. Indiana farmers Rick and Katrina Taylor held a farm personal …
Grass Valley, Calif.-based Networked Insurance Agents, a subsidiary of Strongwood Insurance Holdings Corp., has announced its acquisition of AmCom Insurance Services Inc. AmCom, established in 1996, is a full service managing general agency located in San Ramon, Calif. James Furey, …
The Hartford has launched an iPhone app for auto insurance customers that includes checklists, emergency phone numbers and claims-reporting features. “The Hartford Mobile represents our commitment to innovative, customer-focused technology,” said Jonathan Bennett, executive vice president for Digital Commerce & …
The insurance industry employment outlook for 2010 is guarded, but cautiously optimistic, according to a new survey that also revealed 74 percent of the nation’s top insurance companies are currently hiring. “In fact, we found nine companies that indicated they …
Nashville’s famous Gaylord Opryland Resort, which sits adjacent to the Cumberland River and is protected by levees built to sustain the 100 year flood standard, suffered flood damage in the early hours of Monday, May 3, 2010 as the river …
Airports in Ireland and parts of Britain were closed again for some hours on Tuesday because of the cloud of volcanic ash drifting south from Iceland that wreaked havoc on European air travel last month. Flights in much of continental …
Streamlining the insurance buying and risk management process can be an attractive offer to entertainment businesses. This is especially true in a locale like San Diego, which has served as the background for such classic films as “Top Gun,” Lethal …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit ratings (ICR) of “a-” and senior debt ratings of ACE Limited, based in Zurich, Switzerland, and ACE INA Holdings Inc. In addition Best affirmed …
Bermuda-based PartnerRe Ltd. announced that Patrick Thiele, the Company’s President and CEO, has decided to retire, effective December 31, 2010. He will also step down from the Company’s Board of Directors at that time. Thiele has held the position of …
