February 5, 2010
Billionaire booster T. Boone Pickens and the fundraising arm of Oklahoma State’s athletic department are suing a life insurance company over a program aimed at bringing in millions of dollars, the university announced. Oklahoma State said it hoped to recover …
February 5, 2010
Texas Mutual Insurance Company has awarded a combined $300,000 in grants to Kilgore College, Midland College and College of the Mainland in Texas City. The grants will fund free workplace safety courses for employers, employees and the general public. Texas …
February 5, 2010
San Diego-based American Assurex Partner Barney & Barney LLC has created a new international position. Client Executive Bevin Melody will be based out of Stuttgart, Germany, where she will continue to grow the firm’s International Practice from her home office. …
February 5, 2010
iPeople LLC will launch a new merger and acquisition service for insurance agencies, brokerage firms and managing general agents throughout the United States. iPeople, a Washington, D.C.-based insurance consulting firm, will now assist firms with any details when considering buying, …
February 5, 2010
Seattle-based SeaBright Insurance Holdings Inc. has appointed Scott H. Maw senior vice president and chief financial officer. Maw has knowledge of finance, accounting and insurance. He also has experience with publicly traded companies and the investor community. He has spent …
February 5, 2010
Lisa Humphrey has joined Lockton Companies as vice president in Lockton’s international practice at its Chicago office. Prior to joining Lockton, Humphrey spent nine years as an account executive for Aon both in the U.S. and London where she worked …
February 5, 2010
Damage and loss from yesterday’s magnitude 5.9 earthquake that struck offshore Northern California are expected to be less than $10 million, with insured losses a fraction of that, a risk modeling firm has reported. The moderate quake struck at 12:20 …
February 5, 2010
North Dakota regulators have given approval to Sanford Health Plan to sell health insurance in the state, likely setting up competition with the company that has dominated the North Dakota market for decades but has drawn recent criticism for its …
February 5, 2010
Thousand Oaks, Calif.-based Gray-Stone & Co. is offering a new commercial package policy for California. Written on admitted paper, the carrier is rated “A-” XI by A.M. Best. The commercial package policy includes property, business owners policy (BOP) and general …
February 5, 2010
The American Bar Association says the Illinois Supreme Court was right in striking down as unconstitutional the caps on non-economic damage awards in medical malpractice cases. Insurer groups, however, say the decision will add to rising health care costs and …