News

California Insurance Broker Sentenced For Scamming Tom Hanks

A Southern California insurance broker who overcharged Tom Hanks and his wife, Rita Wilson, hundreds of thousands of dollars has been sentenced to more than two years in federal prison. City News Service says Jerry Goldman received a 27-month sentence …

Poms Names Jones Vice President in California

Poms & Associates Insurance Brokers Inc. named Dan Jones vice president in its West Los Angeles office as. Jones has more than 25 years of experience. He specializes in healthcare reform, health risk management, global benefit solutions and wellness initiatives. …

Conn. Gov.: Low-Interest Loans Available for Elevating Homes, Flood-Proofing Businesses

Connecticut Governor Dannel P. Malloy recently announced the creation of the Connecticut Shoreline Resiliency Fund, a low-interest loan program for state residents who are subject to coastal flooding and would like to elevate their homes and flood-proof their businesses. “Generations …

Georgia Regulator Blasts Rocky Health Care Rollout, Federal Website Glitches

Georgia’s Insurance Commissioner Ralph Hudgens criticized the rocky rollout of President Barack Obama’s health care overhaul in a recent interview with a local TV news station. Commissioner Hudgens, a Republican and a staunch opponent of the federal health care overhaul, …

Florida Names Burgess as New Insurance Consumer Advocate

Florida Chief Financial Officer Jeff Atwater has named Steve Burgess as the state’s new insurance consumer advocate.Burgess previously served in that role from 2004 to 2007 and from 1990 to 1997. Most recently, he was the staff director for the …

Hubbard Joins Towerstone to Lead New Environmental Practice

Wholesale insurance broker and managing general agency, Towerstone, announced that Jeffrey Hubbard has joined the company as director of its new environmental practice in Dallas. Hubbard brings more than 20 years of experience and expertise in the environmental risk insurance …

AIG Using Science to Define ‘Broker Quality Index,’ Not Following Market: Benmosche

Property/casualty insurance brokers who aren’t diligent about the accounts they’re presenting to American International Group risk being discovered through one of the features of the carrier’s analytical process, AIG’s CEO Bob Benmosche said Friday. Speaking on an earnings conference call …

Gazançon Named AXA ART Chief Operations Officer

Global art insurance specialist AXA ART announced the appointment of Jean Gazançon as Chief Operations Officer. He has also been appointed as a member of the Executive Management Board of AXA ART Versicherung AG. Gazançon has oversight responsibilities “for AXA …

Qatar Reinsurance Report Finds Asian Markets ‘Bustling with Confidence’

The first Asia Reinsurance Barometer, published by the Qatar Financial Center (QFC) Authority, concludes that the “region’s reinsurance markets are still bustling with confidence, although the outlook on pricing and profitability for the next twelve months is slightly waning.” Asia’s …

Lockton’s ‘Compass’ System Helps Multinationals with Global Compliance

“One of the growing concerns among multinational risk managers is global insurance program compliance,” a bulletin from Lockton notes. As a result the global insurance broker has launched a new online system called “Lockton Compass” to help finance executives and …

News Archives by Month