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Perschetz Joins Baker & Daniels

Arthur D. Perschetz has joined Baker & Daniels as counsel in the law firm’s insurance and financial services group. He will also serve as a senior adviser with B&D Consulting, an advisory and advocacy division of Baker & Daniels. Perschetz …

Buffett’s Berkshire Amasses $1 Billion Stake in Munich Re

Munich Re posted a statutory notice on Tuesday announcing that Berkshire Hathaway’s stake in the company rose to 3.045 percent on January 18, just above the level at which such holdings must be disclosed. “Warren Buffett is an expert at …

CSE Sponsors Essay Contest To Promote Driver Safety

San Francisco-based Civil Service Employees Insurance Group (CSE Insurance) has launched the 2010 CSE Youth Scholarship Program, an annual essay competition designed to promote awareness of driver safety among young people. As part of the program, CSE will designate $12,000 …

Davos Report: Business Leaders Warn Regulations May Crimp Recovery

Global business leaders warned Western governments on Wednesday that a populist crackdown on the financial industry could crimp a fragile recovery from the worst recession since the 1930s. The worried response to U.S. President Barack Obama’s plans to tax and …

NSM Acquires Condon & Skelly Collectible Vehicle Insurance

NSM Insurance Group acquired Condon & Skelly Collectible Vehicle Insurance, effective Dec. 31, 2009. Founded in 1965, Condon & Skelly Collectible Vehicle Insurance began as a small niche insurance provider, and claims to be one of the original insurance brokers …

West Virginia DuPont Worker Dies After Chemical Exposure

Federal safety officials are investigating a DuPont chemical plant Monday after a series of leaks that resulted in the death of one worker and the operation’s temporary shutdown. DuPont officials put the sprawling Belle plant in West Virginia on safety …

Insurance Agents 40-and-Younger: What Are YOU Thinking? Exclusive Young Agents Survey

Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions … and have some fun. Who are you? What do you really think about your career? About your industry? About the older agents …

Kingsway to Sell Jevco; Best Says Lincoln Still Weighs

Toronto-based Kingsway Financial Services announced today that it has entered into a definitive purchase agreement with The Westaim Corporation to sell “all of the issued and outstanding shares of Jevco Insurance Company to Westaim for an aggregate purchase price of …

Alabama Motel Owner Sued Over Fire Deaths

A wrongful death lawsuit contends a Hoover motel owner and maintenance man are to blame for the deaths of four Mississippi college students in a fire earlier this month. The lawsuit, filed in Jefferson County Circuit Court by by parents …

Aon Benfield Launches Global Facultative Re Platform

Aon Benfield announced the launch of its proprietary facultative broking platform. The web portal, FAConnectSM, “brings the broker marketplace to clients’ computer desktops, allowing them to quote and bind their unique facultative risks in less than five minutes through a …

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