News

AIG Hawaii Becomes Farmers Insurance

AIG Hawaii Insurance Company, Inc. has announced that it is changing its name to Farmers Insurance Hawaii, Inc. – heralding in a new chapter in the company’s nearly 55-year history – and reflecting its new ownership under national insurer Farmers …

One Insurer Bets on Political Campaigns While Another Drops Out

While one company has gotten out of the business of insuring political campaigns, another is throwing its hat in the ring. Markel Risk Solutions, based in Glen Allen, Virginia, is offering campaigns a multi-line, admitted insurance product that will cover …

Momentous Launches Restaurant Insurance Specialty Practice

Momentous Insurance Brokerage of Van Nuys, Calif., has launched a restaurant insurance specialty practice. Some of the risk management services offered include contract review, loss control and inspection, in-house claims services and access to a Forms and Resource Library. As …

U.S. Finds Strong Link Between Chinese Drywall and Corrosion

Federal safety officials say they have discovered a strong link between drywall made in China and the home corrosion reported by thousands of U.S. property owners whose homes used the drywall. The results are from an indoor air study of …

Island Insurance Offers EPLI Coverage

Honolulu-based Island Insurance Co. Ltd. has launched its new Employment Practices Liability Insurance (EPLI) and Cover Choice products for small to mid-sized businesses. The products are designed to protect employers from liability damages and defense costs associated with employment related …

Plea Deal Reached in Pennsylvania Steel Town Arson Case

A former assistant fire chief accused of setting two small fires in an arson-plagued steel town near Philadelphia has worked out a plea bargain freeing him from jail. A Chester County judge says the deal for Robert Tracey Jr. is …

The Buckner Company Acquires Flying J Insurance Services

Salt Lake City-based The Buckner Co. has entered into a definitive agreement to purchase Flying J Insurance Services effective Jan. 1, 2010, continuing President Terry H. Buckner’s vision to grow Buckner’s insurance brokerage business by offering select niche market programs. …

Stringer Elected to Lead Texas Surplus Lines Association

Monte Stringer, executive vice president with U.S. Risk Inc. in Dallas, has been elected president of the Texas Surplus Lines Association Inc. for the coming year. Stringer and other new officers and directors of the organization were elected at the …

Barfels Promoted to Chief Human Resources Officer at ARAG

Erin Barfels has been appointed chief human resources officer at Des Moines, Iowa-based ARAG, which specializes in legal insurance. In her expanded role, Barfels provides leadership and direction for the people strategies of the organization including workforce planning, compensation and …

Insurance Agent Accused of Peeping Pleads Not Guilty

An Illinois insurance executive accused of secretly making nude videos of ESPN reporter Erin Andrews pled not guilty during his arraignment in a Los Angeles federal courtroom on Monday. Michael Barrett is charged with one count of interstate stalking. The …

News Archives by Month