December 8, 2009
Steve Brooks, President of Steve Brooks Insurance Services based in Westlake Village CA, and Eric Bossuk, President of Tri County Insurance based in Calabasas, CA, have announced that the two companies will be merging, effective January 1, 2010. Bossuk will …
December 7, 2009
Insurance agency owner Craig Randall, 52, of Porter Ranch has been found guilty of 13 counts of theft of funds by a broker or agent, two counts of forgery, one count of attempted theft of funds and one count of …
December 7, 2009
The severity of injury and level of impairment — not the workers’ legal fees — have the most effect on payout for workers’ compensation claims among Illinois construction workers, researchers at the University of Illinois at Chicago School of Public …
December 7, 2009
A.M. Best Co. has revised its view of the U.S. property/casualty industry’s ultimate asbestos and environmental (A&E) losses downward to $117 billion from $121 billion. Asbestos exposures now are estimated at $75 billion, up from $65 billion, and environmental losses …
December 7, 2009
New York State will begin requiring electronic fingerprints of people seeking certain professional insurance licenses– but not agents and brokers. The electronic fingerprinting will be part of background checks beginning Dec. 15 for applicants seeking to be insurance company officers …
December 7, 2009
States that increase the maximum weekly benefit for workers compensation can expect to see temporarily total disability, injured workers making claims for longer, almost a week longer, according to a new study released by the National Council on Compensation Insurance, …
December 7, 2009
The World Bank is looking at a $100 million political risk insurance scheme for countries recovering from war to boost private investment, senior officials from its investment guarantee agency said on Thursday. Foreign investors use political risk insurance to cover …
December 7, 2009
Venbrook Insurance Services, of Woodland Hills, Calif., has hired three new executives. Ana Preston, formerly of Countrywide Insurance Group, was appointed vice president, personal lines. Rose Nordbrock, formerly of Bolton and Company, was appointed senior vice president. And, Shaun McCarron, …
December 7, 2009
Marsh has appointed Jonathan Ballard as the jewelers’ block specialist in the London office of its Specie Practice, which delivers insurance services and advice concerning the insurance of valuable property such as diamonds, precious metals, art and cash. He will …
December 7, 2009
Aon Risk Services, the risk management and insurance brokerage business of Aon Corp., said it has agreed to acquire Allied North America, one of the largest independent surety and construction insurance brokerage firms in the United States. Financial terms of …