February 23, 2010
Investigators say DNA evidence collected at the site of one of several Texas churches destroyed by arson links one of two suspects to the blaze, and they haven’t ruled out more charges. Jason Robert Bourque, 19, and Daniel George McAllister, …
February 23, 2010
Gloom and frustration pervaded the World Trade Organization on Monday as the prospects of completing a new global commerce pact this year receded. The WTO’s 153 members had agreed to take stock at the end of March on whether the …
February 23, 2010
The founder and retired chairman and CEO of the world’s largest insurance broker, Aon, has revealed the management team and a second subsidiary for his new global specialty insurance operation whose first company was unveiled in December. Pat Ryan announced …
February 23, 2010
The New York State Insurance Fund (NYSIF) says its program targeting workers’ compensation insurance fraud resulted in 154 arrests and $16.6 million in recoveries and estimated savings last year. NYSIF is the Empire State’s largest workers’ compensation insurer and employs …
February 23, 2010
Texas Mutual Insurance Company has earned recognition from UnitedHealthcare for its commitment to employee health and wellness. Ten other companies around the country earned the award. Award criteria included executive support for the health program, the presence of wellness champions …
February 23, 2010
Paul Kangas has joined specialty insurer Assurant Inc. as vice president of federal policy and government relations, based in Washington, D.C. Kangas will be responsible for federal legislative and regulatory issues as they relate principally to Assurant Solutions and Assurant …
February 23, 2010
Despite soft market conditions, the anticipation of less favorable loss reserve releases and a contracting economy, the U.S. commercial lines insurance market remains relatively stable. According to A.M. Best, while the pricing behavior of commercial lines insurers is always difficult …
February 23, 2010
CNA has implemented CargoNet, a database network that combats cargo theft through improved sharing of cargo theft information between the industry and law enforcement. Cargo theft is a multibillion-dollar economic drain that exploits existing gaps in the nation’s information-sharing framework. …
February 23, 2010
For the fourth consecutive year, A.M. Best Co. is maintaining a stable outlook for the global non-life reinsurance industry. The current outlook implies that the “majority of 2010 reinsurer rating actions are likely to be affirmations, with only a modest …
February 23, 2010
IMA Inc., an independently owned retail insurance broker announced that Brent Hartman has joined the company’s health risk management practice, Life IQ, in the Denver office. Life IQ is IMA’s multidisciplinary health risk management consulting practice that relies on health …