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Willis North America Names Joost as National Partner in New York

Global insurance broker Willis Group Holdings has appointed Eric Joost as national partner, North American Specialties. He will be based in New York. In his new role, Joost will lead Willis’ client service and product development strategy across many of …

Georgia Parking Garage Collapse Blamed on Improper Bolt

A letter sent to the customers of a parking deck that collapsed last summer blames a bolt for the accident. David Tyndall, whose company leases spaces in the Centergy parking garage, told The Atlanta Journal-Constitution that a bolt at a …

AAU Offers Retail Furniture Store Insurance Program

Allied American Underwriters (AAU Comp) of El Segundo, Calif., has a new furniture store program for franchised and non-franchised retail furniture stores. The coverage can include property, general liability, umbrella, workers’ compensation, employee benefits liability, stop gap liability, hired and …

World Leaders Back Delay for Final Climate Change Agreement

U.S. President Barack Obama and other world leaders on Sunday supported delaying a legally binding climate pact until 2010 or even later, but European negotiators said the move did not imply weaker action. Some argued that legal technicalities might otherwise …

ISO ProMetrix Offers Access to Data on 3 Million Commercial Buildings

ISO is now offering ProMetrix, a suite of services centered around its property information database that has underwriting and rating data on more than 3 million U.S.-based commercial buildings and their business occupants. ProMetrix customers can access any combination of …

Aon, Marsh, Willis Back Lloyd’s ‘Exchange’ Modernization Plans

The three largest global insurance brokers – Aon, Marsh and Willis – have given their support to a key stage in further modernizing the Lloyd’s market by agreeing to pilot the Exchange for endorsements using the latest agreed version of …

University of Michigan Pays $1 Million to Settle Student’s Dismissal Lawsuit

The University of Michigan is paying $1 million to settle a lawsuit with a former dental student who claimed she was illegally kicked out of school, according to a document obtained by The Associated Press. The AP reported a settlement …

Montana Councilman Wants $2 Million Related to Asbestos Site

A city councilman in Libby, Mont., said Thursday that the Environmental Protection Agency owes the asbestos-plagued Superfund community $2 million for the demolition of several contaminated buildings. The city-owned buildings included an export plant for asbestos-laden vermiculite that was shipped …

Lockton Announces San Diego Vice President

The San Diego office of Lockton Companies announced today that Bud Cole has joined the company’s employee benefits practice as vice president and senior consultant. Cole will serve as a liaison between clients and the Lockton benefits team, responsible for …

Marsh & McLennan Settles Pension Plans’ Suit for $400 Million

Insurance broker Marsh & McLennan Cos. Inc. will pay $400 million as part of a class action settlement filed five years ago by state pension plan administrators in New Jersey and Ohio in connection with a probe of the company’s …

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