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 …
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 …
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. …
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 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 …
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 …
Aon Corp. has integrated Paragon Strategic Solutions into Inpoint, an Aon company recently formed to help insurance carriers improve their performance. Paragon, previously an Aon Benfield company, leverages proprietary techniques to help carriers achieve operational efficiencies, accelerate recovery rates and …
Gerry O’Connor, senior vice president – commercial division of Old National Insurance in Indianapolis, has been named 2010 president of RiskProNet International, a network of 24 independent insurance brokers in North America headquartered in Menlo Park, Calif. O’Connor has been …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382, which is managed by Hardy Underwriting Agencies Ltd (HUA). Best also affirmed the ICRs of “bbb” …
Two commuter trains collided head-on near Brussels yesterday morning, killing 18 people, and injuring another 150, 55 seriously. The crash occurred during the morning rush hour with more than 300 people aboard the trains. Rescue efforts were hampered by freezing …
