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Liberty Mutual’s Commercial Insurance Unit Names VP for East Division

Liberty Mutual Insurance’s Commercial Insurance strategic business unit has appointed Thomas J. Kelley as vice president and managing director for the East division. Based in Philadelphia, Kelley is responsible for working with brokers to help large companies throughout the mid-Atlantic …

Monsanto to Buy Weather Data Modeler, Farm Insurer Climate Corp. for $930 Million

Monsanto Co., the world’s largest seed company, agreed to buy The Climate Corp. for about $930 million to provide farmers with weather data and agronomic modeling to boost yields and manage risk. Closely held Climate Corp. was founded in 2006 …

New Law: New York Considers First Tornado Warning System

New York is looking into creating its first statewide early warning system for tornadoes. A bill signed into law by Gov. Andrew Cuomo directs a review into the feasibility of installing a system. The system could involve piercing sirens at …

Sandy Victims Want Help With Insurers, Bureaucrats

The water came in torrents; the aid is being parceled out drip by drip. That was one of the main complaints voiced Monday by victims of Superstorm Sandy at a legislative hearing in Trenton, New Jersey, on the pace of …

Aspen Re Appoints Lewis to Head London Casualty Unit

Aspen Reinsurance has appointed Jamie Lewis as head of its casualty reinsurance business in London. Lewis will be responsible for developing Aspen Re’s book of casualty reinsurance treaty and facultative business written from London, including both the U.S. and international …

Allianz Global Specialty Targets Nordic Region with Branch in Stockholm

Allianz Global Corporate & Specialty AG (AGCS) has opened its newest branch in Stockholm, Sweden, further expanding its services within the Nordic Region. Since 2009, AGCS has been active in Sweden through a dedicated key account manager in Stockholm, supported …

Toyota Claims Plaintiffs Fabricated Fatal Acceleration Theory

Toyota Motor Corp. said plaintiffs’ lawyers seeking to blame a fatal accident on unintended acceleration made up a theory of how a 66-year-old woman’s foot got stuck between the gas and brake pedal of a 2006 Camry. Toyota’s lawyer, Vince …

Judge Allows Tennessee Rules on Health Insurance Navigators

A judge refused to block emergency rules covering people who dispense advice on the new health insurance exchange in Tennessee that launched Tuesday. Chancellor Russell T. Perkins ruled Monday evening that the state’s rules would not immediately do irreparable harm. …

Florida Ban on Texting While Driving Now in Effect

Florida is joining 40 other states in the U.S. where it is illegal to text and drive. The ban is one of more than two dozen laws passed by the Republican-controlled Legislature scheduled that kicked in on Tuesday, Oct. 1. …

Painter’s Alabama Football Scenes with Uniforms Do Not Infringe Trademark: Judge

A federal judge has dismissed a trademark infringement lawsuit the University of Alabama filed against an artist for painting scenes from school football games and transferring his work to other mediums. AL.com reported that a U.S. District Court judge ruled …

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