January 8, 2010
Jeff Ward, a director of London Market reform technology specialists TriSystems, and his colleagues have been busy lately. They’ve been working on the latest version of an electronic communications service for London’s brokers. With the official launch planned for Fenruary …
January 8, 2010
Mississippi’s insurance regulator, as he earlier indicated he would do, has denied a request from Allstate Property and Casualty Insurance Co. for a statewide home insurance price hike of about 60 percent. The increase would have affected about 50,000 policyholders. …
January 8, 2010
Low-wage workers in Los Angeles experience more wage and labor violations than low-wage workers in Chicago and New York, a new study by the UCLA’s Institute for Research on Labor and Employment has found. The survey found that low-wage workers …
January 8, 2010
The Massachusetts Property Insurance Underwriting Association (FAIR Plan) will lower insurance premiums by an average of 0.72 percent, the Attorney General’s office said. The FAIR Plan had originally proposed increasing homeowners’ insurance rates by an average of 2.2 percent. That …
January 8, 2010
The Stowe Mountain Resort in Vermont has a new owner. The resort’s previous owner, the American International Group, had transferred ownership to its P/C insurance division, Chartis. Ski operations, two golf courses and a new upscale lodge are now owned …
January 8, 2010
A woman says a Manhattan gym left her hanging when she tried a new workout: pole-dancing. Sue Ann Wee filed a lawsuit last week against the companies that run the Crunch fitness center chain. Lawyer Nicholas Warywoda says Wee seriously …
January 8, 2010
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 …
January 8, 2010
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 …
January 8, 2010
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 …
January 8, 2010
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. …