News

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 …

UK Report Calls for Research on Nanoparticles in Food

A global scarcity of scientific research on using nanotechnology in foods means food safety authorities are unable to properly regulate products that may be beneficial or harmful, a British science panel said on Friday. The science and technology committee of …

Kansas Insurance Department Recovers $15M for Consumers

The Kansas Insurance Department reports that it helped consumers recover more than $15 million through resolution of disputes with insurance companies in 2009. This is the second time in three years the department has topped the $15 million figure. The …

ACE Europe Appoints Ainslie Technology and Cyber Liability Underwriter

The ACE European Group has appointed Iain Ainslie to the role of Technology and Cyber Liability Underwriter. ACE said the appointment underscores its “commitment to enhancing its service offering and presence in this sector.” Ainslie will be based in London …

Lawmakers Press Treasury Secretary Geithner for AIG Testimony

Two prominent U.S. lawmakers Friday called for U.S. Treasury Secretary Timothy Geithner to testify to help determine if the New York Federal Reserve Bank improperly influenced insurer AIG to withhold information on its payments to banks after a government bailout. …

Health Insurers Seek Tax, Profit Changes in Health Reform Bill

Health insurance lobbyists are pushing lawmakers to eliminate caps on profits and other administrative spending and delay a hefty, industry-wide tax under the massive healthcare reform legislation being finalized in Congress. Health insurers, which include companies such as Aetna Inc., …

News Archives by Month