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Local Tennessee Police Pleased Underage Liquor Sting Failed

Police in Alcoa say their beer sting was a complete failure. They’re delighted. Authorities had an underage person try to buy beer from 27 businesses, including convenience markets, restaurants and food stores. The youngster was turned down by clerks at …

Ironshore Adds Crisis Management Coverage

Ironshore Specialty Casualty added pre- and post-event crisis management coverage to enhance policy offerings. Ironshore’s newest program, Crisis ThreeSixty, provides for a crisis management assessment once the policy is written, assisting clients in understanding and anticipating how best to manage …

Arbella Insurance Again Challenges Agents to Help Combat Hunger

Quincy, Mass.-based Arbella announced the start of the second year of the Arbella Insurance Group Charitable Foundation “Let’s Drive Out Hunger” program. The program will run from Dec. 1 through the end of Feb. 2010. The program is designed to …

House Extends Estate Tax But Senate Likely to Change

The U.S. House of Representatives passed a permanent extension of the federal estate tax on Thursday, but the measure, which taxes estates at rate of 45 percent after exempting the first $3.5 million, is likely to be changed in the …

Nevada Could See 7.6% Reduction in Workers’ Comp Insurance Rates

The National Council on Compensation Insurance Inc. (NCCI) has recommended an average decrease of 7.6 percent for Nevada workers’ compensation insurance, due to reduced claims for workers’ compensation, which may be partly attributable to increased workplace safety. The proposed changes …

Insurance Agents Urge Reform of Estate Tax

Insurance agents are pleased that the House of Representatives is paying attention to the estate tax but want lawmakers to seize the opportunity to reform the tax rather than simply extend current provisions. Yesterday, the U.S. House of Representatives passed …

The Hanover Forms Agreement With OneBeacon, Expands in West

Worcester, Mass.-based The Hanover Insurance Group Inc. announced that it has entered into a renewal rights agreement with OneBeacon Insurance Group as part of its goal to strengthen its competitive position and expand in western states. Through the agreement, The …

Missouri Department of Insurance Promotes 3 to Leadership Team

The Missouri Department of Insurance has announced the following changes to its division and section managers: Fred Heese was named director of the Division of Insurance Company Regulation. Heese has served as acting director of this division since May 2007. …

Validus Appoints Senior Construction, Engineering Underwriters at Talbot

Bermuda-based Validus Holdings, Ltd. announced that its wholly owned subsidiary, Talbot Underwriting, Ltd., is expanding its presence in the international Construction and Engineering market with the appointments of Simon Wilcock and Patrick Bravery, both highly experienced underwriters who had formerly …

Auto Premiums in Ohio Decline for Third Consecutive Year

The Ohio Department of Insurance reports that auto insurance rates in that state have declined for the third consecutive year, according to the 2006/2007 Auto Insurance Database Report just released by the National Association of Insurance Commissioners (NAIC). In 2007, …

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