November 11, 2009
The New York Insurance Association has elected Richard J. Zick, president and chief executive officer of Utica First Insurance Co. as the association’s chairman. His year-long term begins in January. Zick has served on the NYIA board of directors for …
November 11, 2009
Workers’ compensation insurance provider, Texas Mutual Insurance Company, has begun distributing approximately $1 million in dividends among nearly 2,600 first-year policyholders across the state. In total, Texas Mutual’s dividend payout for 2009 is $75 million. “We have a permanent, vested …
November 11, 2009
Patrick Lundy has been appointed head of Energy for Zurich North America Commercial. He assumes responsibility for managing the insurer’s domestic energy business in North America, including collaborating with leaders of Zurich’s global energy business in North America to help …
November 11, 2009
Colorado Casualty, a Liberty Mutual Agency Markets regional company, today announced the appointment of Lucas J. Bills to regional vice president for the company’s Denver region, which includes Colorado, Utah and Wyoming. Bills will be responsible for the profitable growth …
November 11, 2009
The Hartford is offering broader coverage for data privacy breaches and social media liability exposures as part of its cyber liability policy, the company said. “We’re seeing widespread adoption of social media technologies among businesses in virtually every industry,” said …
November 11, 2009
A.M. Best Co. has affirmed the financial strength rating of’ A+’ (Superior) and issuer credit rating of “aa-” of Bermuda-based Tokio Millennium Re Ltd. (TMR), both with stable outlooks. Best noted that TMR is a wholly owned subsidiary of Tokio …
November 11, 2009
The family of an 8-year-old boy who fatally shot himself at a gun show in western Massachusetts say the Uzi submachine gun jammed twice before he lost control of the weapon and fired into his head. The family of Christopher …
November 11, 2009
Chairman Christopher Dodd (D-Conn.) of the Senate Banking Committee on Tuesday introduced a draft of the long-awaited financial services regulatory reform bill. While insurance industry representatives were quick to applaud Dodd, the committee and staff on their work, they also …
November 10, 2009
A Ville Platte, La., insurance agent has been issued a cease and desist order, summary suspension of his licenses and fine notice for allegedly providing fraudulent proofs of insurance. The Louisiana Department of Insurance reported that John Melvin Lavergne, was …
November 10, 2009
City commissioners in Hays, Kan., could vote this week on strict new rules for pit bull owners. Pit bulls would not be banned in the northwest Kansas community. But a proposed ordinance would declare the dogs to be “dangerous” – …