Karen Cutts, the managing editor and former publisher of the Risk Retention Reporter, passed away on Feb. 2, 2010, after a seven-month battle with pancreatic cancer. She was 69-years-old. Cutts founded the Risk Retention Reporter and served as its publisher …
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 …
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 …
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 …
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 …
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 …
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 …
Following Lloyd’s approval, specialist Lloyd’s insurer Jubilee Managing Agency Limited has merged its auto coverage Syndicate 1231 and its property and personal lines Syndicate 5820 for the 2010 year of account. The merger will enable Jubilee to “streamline its operational …
Virginia-based specialty insurer Markel Corp. posted profits of $93.7 million in the fourth quarter, a positive swing from the $32.6 million loss the company saw in the same period last year. For the full year, Markel posted net income of …
Scant ice over the Arctic Sea this winter could mean a “double whammy” of powerful ice-melt next summer, a top U.S. climate scientist said Thursday. “It’s not that the ice keeps melting, it’s just not growing very fast,” said Mark …
