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Best Reports Reinsurers See Orderly, but Soft, January Renewals

January renewals showed signs of softening as reinsurers benefited from improved financial markets plus a lack of natural catastrophe claims in 2009, according to the latest issue of BestWeek U.S./Canada. The three largest global reinsurance brokers — Aon Benfield, Guy …

Fenster Named Director of New York Workers’ Comp Board

Jeffrey R. Fenster has been appointed executive director of the New York Workers’ Compensation Board. Prior to joining the board, Fenster served as a litigation associate with the New York law firm of Stroock & Stroock & Lavan, where he …

Arc Legal Dominates Irish Motorcycle Market with AXA Ireland Deal

Arc Legal Assistance (Arc Legal), the official legal expenses provider, now provides Motor Legal Expenses Insurance (MLEI) to 90 percent of insured motorcycles in Ireland following its appointment by AXA Insurance Ireland as provider on all its motor bike policies. …

Louisiana Parish President Quits Amid Federal Probe with Insurance Ties

Jefferson Parish President Aaron Broussard, a Democrat who rose from small-city mayor to lead Louisiana’s most populous parish, has resigned as federal officials investigated alleged corruption in parish government. His resignation preceded that of Tim Whitmer, who quit as Jefferson’s …

Insurance Surcharge Proposed To Fund Calif. Fire Suppression Efforts

California Gov. Arnold Schwarzenegger has submitted to the Legislature his proposed 2010-11 budget — and called for “greater reductions in nearly every aspect of state government than were necessary in 2009.” “With our national economy still struggling to recover, California, …

New Jersey Court Expands Sex Discrimination Protection

A New Jersey appeals court ruling has expanded protections against sexual harassment and discrimination in the workplace. A three-judge panel ruled Wednesday that the female owner of a South Plainfield-based tire business could sue United Rentals North America Inc. for …

Pennsylvania Insurance Agents Accused of Stealing $1M

Two Pennsylvania insurance agents accused of stealing more than $1 million that was supposed to pay for workers’ compensation and liability insurance for six Berks County public school districts, have been arrested by agents from the Attorney General’s Insurance Fraud …

Panel Restores Louisiana Agent’s License; Says No Evidence for Suspension

A Shreveport, La.-area insurance agent’s license was reinstated after an administrative law panel found no evidence that it should have been suspended by the Louisiana Department of Insurance. The department suspended the license of Tanya Mclain Weems in August 2009 …

Lockton Re Adds Executives in Kansas City and New York

Privately owned, independent reinsurance brokerage Lockton Re has expanded its presence in the United States with the appointments of three new executives – Larry Hunter-Blank, Joe Zuk and Scott D. Polkinghorne at its offices in New York and Kansas City. …

Denton to Lead Argo Group’s U.S. Specialty Property Initiative

Argo Group International Holdings Ltd. announced that its San Antonio-based Excess and Surplus Lines (E&S) business segment has appointed Michael Denton as senior vice president of its specialty property department. Denton brings to Argo 22 years of experience in the …

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