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Tepe Named CFO for NationsBuilders Insurance

Specialty construction insurer NationsBuilders Insurance Services, Inc., in Atlanta, recently welcomed William (Bill) C. Tepe as chief financial officer. In his CFO role, Tepe will be responsible for directing the financial and accounting functions of the organization. In addition, he …

Chartis Names Swiss Re’s Scherer as General Counsel

Global property/casualty insurer Chartis Inc., formerly AIG, has named Thomas Scherer as senior vice president and general counsel, responsible for worldwide legal operations. Most recently, Scherer worked for seven years at Swiss Re Group where he served as special litigation …

Marsalese Named Branch Vice President at CNA

CNA Financial Corp. has appointed Sherri Marsalese vice president of its Pittsburgh branch, effective Jan. 25. She will manage relationships with the insurer’s producers in the Pittsburgh area. Marsalese comes to CNA with more than two decades of insurance experience, …

Hanover Insurance Enhances Ocean Cargo Product

The Hanover Insurance Group, Inc. reports it has enhanced its ocean cargo insurance offering and related loss control capabilities. This product provides worldwide coverage on goods in transit via vessel, air or land, including coast-wise and inter-coastal shipments. It can …

Judge Allows Class Action Suit against New York Lab

A New York judge has given a green light to a class action suit filed by a group of Long Island homeowners worried about toxic leaks from a renowned research laboratory. Suffolk County homeowners say past leaks of chemicals from …

ACE Expands High Net Worth Personal Lines Product in Colorado

ACE Private Risk Service, part of the ACE Group, has expanded the availability of its ACE Platinum Portfolio policy, a personal insurance program for high net worth clients, to Colorado. In addition, Clare S. Schachter has been appointed territory manager …

Preliminary California Quake Damage Tally at $12.5 Million

A 6.5 magnitude earthquake struck off the coast of Northern California on Jan. 9, shaking buildings south of the Oregon border and knocking out power in several coastal communities. The quake hit at about 4:27 p.m. PST about 22 miles …

Nurses, Long-Term Care Facility Risk Retention Groups Merge, Expand

Atlanta-based Lewis & Clark LTC RRG, Inc., a nationwide provider of liability insurance to long-term care facilities, has merged with Sophia Palmer Nurses RRG, Inc. of Florida. Sophia Palmer RRG was established in 2006 to provide nurses in Florida with …

P/C Industry Must Strengthen Underwriting to Counter Weak Investments

The most recent reports of property/casualty insurers indicate a return to profits, thanks in large measure to a quiet hurricane season. But behind the rosy reports is a thorny problem — lower investment income. According to Dr. Robert Hartwig, president …

The Gibraltar Group Addressing Dairy Industry Risks

Insurance and risk management firm, The Gibraltar Group, headquartered in Lubbock, Texas, has introduced a new insurance program to address the risks faced by the dairy industry. Businesses served by the new program include dairy farmers, cooperative organizations, transportation companies …

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