News

Florida Shuts Down Warranty Firms

Florida regulatory officials have ordered several firms selling home and auto warranty and service agreements to halt their sales in the state. The companies include National Home Protection, Nationwide Home Warranty and National Automotive Services and their subsidiaries. Florida Office …

Fireman’s Fund Names Sutcliffe Senior Director of Professional Services

Fireman’s Fund Insurance Co. has named Andrew Sutcliffe senior director of professional services for its Commercial Insurance business. In this role, Sutcliffe will be responsible for product strategy and client relationships for the Professional Services group, which includes accountants and …

Woman Sues CNN’s Cooper after Fall at New York City Home

An interior designer is suing CNN anchor Anderson Cooper after she took an unusual fall while working at an old New York City firehouse that he is converting into a new home. Killian O’Brien, of Brooklyn, says in her suit …

Large Brokers Freed to Go After Contingent Commissions But Will They?

The nation’s largest insurance brokers have received the go-ahead to begin accepting contingent commissions again — but two of them say they won’t do it. Officials in New York, Illinois and Connecticut have agreed to amend agreements under which the …

Heavy Snows Plaguing Roofs in Western Pennsylvania County

Fire trucks and sheep are the latest things to be endangered by roofs sagging or collapsing beneath heavy snows in one western Pennsylvania county. The Amwell Township Volunteer Fire Department on Monday had to move $1 million worth of trucks …

Professional Insurance Marketing Association Names 2010 Officers

The Professional Insurance Marketing Association, a networking and business development forum for the insurance direct marketing arena, has elected its 2010 leaders, naming James P. Gallagher president. Gallagher is senior vice president, sales & client relations at USI Affinity, Collegiate …

Lockton Expert Analyzes Product Contamination, Recall Insurance Market

The specialist market for insurance covering product recall and product contamination is resilient and stable, according to Ian Harrison, an expert in the field, in a new report – “Supply and Demand Growing for Product Recall Insurance – from Lockton. …

PartnerRe Repurchases App. 1.7% of Common Shares Outstanding

Bermuda,-based PartnerRe Ltd announced the repurchase of 1,438,394 common shares in privately negotiated transactions. “The shares, totaling approximately 1.7 percent of total common shares outstanding, were purchased at a price per share of $75.14 from certain former shareholders of PARIS …

Georgia Truckers Support Cargo Theft Investigation Unit

Georgia Governor Sonny Perdue has commended a state trucking association for donating to the state unit charged with investigating cargo theft. The Georgia Motor Trucking Association has donated $16,000 to the Georgia Bureau of Investigation’s Major Theft Unit. The MTU …

Insurance Accounting & Systems Association Offers Scholarships

The Insurance Accounting & Systems Association Inc. (IASA) announced it will award three scholarships in 2010 to students at a sophomore level or above enrolled in a university with an insurance program and whose course of study is working toward …

News Archives by Month