November 24, 2009
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 …
November 23, 2009
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Swiss-based Mondial Assistance International AG (MAI) and its U.S. subsidiary, New York-based Jefferson Insurance Company. The outlook for …
November 23, 2009
Former Kentucky lawmaker Steve Nunn has entered a not guilty plea for his client in a Lexington courtroom on a murder charge stemming from the shooting death of Nunn’s ex-fiancee. Nunn appeared glum-looking last week during the brief video arraignment. …
November 23, 2009
Lloyd’s announced the appointment of Guy-Antoine De La Rochefoucauld as the new Country Manager for its French office, effective the 7th of December. The bulletin noted that he “has over 25 years experience in the insurance and reinsurance industry with …
November 23, 2009
A landmark court ruling blaming the Army Corps of Engineers’ “monumental negligence” for some of the worst flooding from Hurricane Katrina could lead to a new deluge: billions of dollars in legal action from thousands of storm victims. The federal …
November 23, 2009
Arizona Attorney General Terry Goddard wants a Connecticut-based insurance company to tell Arizona policyholders whether their personal, medical or financial information was lost or stolen in a security breach six months ago. Goddard’s office says a hard drive containing personal …
November 23, 2009
Risk Management Solutions has issued a bulletin that presents several possibilities concerning the economic losses from the floods, which have caused extensive damage in northwest England [See IJ web site – https://www.insurancejournal.com/news/international/2009/11/23/105496.htm]. The catastrophe modeling firm notes that the floods …
November 23, 2009
Gov. Bill Ritter has appointed attorney Barbara J. Kelley of Denver to be the new executive director of the Colorado Department of Regulatory Agencies, effective Dec. 1. She replaces Rico Munn, who became the executive director of the Colorado Department …
November 23, 2009
International insurance broker Arthur J. Gallagher & Co. reported it has acquired Shuford Insurance Agency, Inc. in Concord, North Carolina. Terms of the transaction were not disclosed. Founded in 1938, Shuford Insurance Agency, Inc. is an independent insurance agency offering …
November 23, 2009
Democrats in the Senate cleared the first procedural hurdle for sweeping healthcare reform Saturday by voting to open debate on the historic legislation. The Senate debate due to start on Nov. 30 is expected to last for at least three …