WRM America, a New York-based specialty insurance and alternative risk management company, reports that Jeffrey S. Johnson has joined WRM America Indemnity Company (WRMAI) as regional marketing officer for the Midwest region. Johnson will be responsible for the planning and …
Nancy Lee Frost has joined San Francisco-based Woodruff-Sawyer & Co. as vice president, Employee Benefits. She will focus on business development and employee benefits consulting. Frost has more than 20 years of experience in the insurance industry. She is a …
Intersections where Spokane, Wash., installed red light cameras in 2008 in the name of safety saw an increase in crashes and injuries in the first year of the controversial program. There were 38 collisions at the three intersections the year …
The start of a new decade is always a time to take stock in what the past has brought, and what the future may bring. As part of its “360 Risk Insight” series, Lloyd’s of London queried “a cross section …
The U.S. Ninth Circuit Court of Appeals has upheld an arbitration award requiring U.S. Life Insurance Co. to pay reinsurance of more than $500 million to Superior National Insurance Companies, workers’ compensation insurer in liquidation, the California Department of Insurance …
Liberty Mutual Group, through its wholly owned subsidiary Liberty Insurance Company Limited (LICL), has been granted approval to establish a branch in Zhejiang by the China Insurance Regulatory Commission (CIRC). Liberty Mutual’s Chinese operations are headquartered in Chongqing. The CIRC …
Irwin Siegel Agency Inc. (ISA) of Rock Hill. N.Y., has developed a product for foster care and adoption agencies to address the insurance and loss control issues facing this segment. This program is an addition to the current suite of …
A bulletin from Risk Management Solutions notes that the fourth quarter of 2009 was the “most active… ever for catastrophe bond issuance, reaching almost $1.1 billion in total volume, eclipsing the previous best fourth quarter by over 75 percent.” RMS …
The New Orleans metro area tied for the lowest unemployment rate among the nation’s largest metropolitan areas, according to a report released by the federal Bureau of Labor Statistics. The Louisiana Workforce Commission reported that the unemployment rate for the …
Some families in Virginia whose homes were built with suspect drywall from China may be eligible for assistance to help rehabilitate their properties. To qualify, families must have insurance through the Federal Housing Administration. Charles Famuliner, director of the U.S. …
