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 …
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 …
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 …
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 …
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 …
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 …
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 …
TD Bank was hit with a multimillion-dollar lawsuit Friday calling it the “financial epicenter” of an alleged Ponzi scheme run by disgraced Florida lawyer Scott Rothstein. The unit of Canada’s Toronto-Dominion Bank was a “linchpin” in the scheme and disregarded …
A federal jury in Minneapolis on Friday ruled against Fair Isaac Corp. in its lawsuit accusing Experian Plc and TransUnion LLC of antitrust and trademark violations for using a credit scoring system that competes with its widely used “FICO” score. …
New Hampshire is promoting safe holidays with a new campaign against driving drunk or drugged. More than 200 state officials are expected to attend the campaign’s launch at the governor’s annual highway safety luncheon in Meredith today. Gov. John Lynch …
