September 19, 2013
Allied World U.S. has launched a new admitted lawyers professional liability product: Allied World LPL Assure. LPL Assure includes provisions specifically addressing privacy and network security wrongful acts, with coverage up to the full policy limit for no additional premium. …
September 19, 2013
The federal Terrorism Risk Insurance Act (TRIA) is a “model” for public-private cooperation and should be renewed, insurance broker Marsh told lawmakers on Capitol Hill. Peter J. Beshar, executive vice president and general counsel of Marsh & McLennan Companies, testified …
September 19, 2013
Yarden Lee Bracero, 39, a former Allstate employee in Jacksonville has been convicted of diverting insurance claims payments for her own personal use, according to Florida Chief Financial Officer Jeff Atwater. Bracero pleaded guilty to one count of scheme to …
September 19, 2013
Georgia’s Richmond County Sheriff’s Department will no longer respond to most traffic accidents on private property, including parking lots, according to officials. Lt. Lewis Blanchard said the change is to better utilize limited law enforcement personnel. He said most large …
September 19, 2013
A new federal report finds New Jersey’s state government cleared the way for the Federal Emergency Management Agency to get to work quickly as Superstorm Sandy struck. A report made public Tuesday by the Homeland Security Department’s Office of the …
September 19, 2013
Ascension Insurance Inc. has acquired transportation and trucking specialist Transure Services Inc., located in Whitsett, North Carolina. Transure’s brokerage platform is augmented by an in-house wholesale operation, with proprietary transportation product offerings and underwriting authority. This transaction strengthens Ascension’s existing …
September 19, 2013
Barack Obama wanted to change American health-care as we know it. And he is, in ways that go far beyond the goals of the Affordable Care Act. For weeks, headlines have cataloged the upheaval at private employers: UPS dropping coverage …
September 19, 2013
The Obama administration will announce measures to reassure Americans about the privacy and security of the information they submit when they sign up for insurance under President Barack Obama’s signature healthcare law, officials said on Wednesday. The administration plans to …
September 19, 2013
Federal regulators may miss important threats to the financial stability of U.S. insurers by focusing on bank risks, MetLife Inc. Chief Financial Officer John Hele said. “Bank rules overlook key insurance risks,” Hele said today at a conference in New …
September 19, 2013
City of Hope’s Spirit of Life Gala on Oct. 26 is honoring Greg Case, president and CEO of Aon plc. The annual charity event this year is being held at the Beverly Wilshire Hotel in Beverly Hills, and includes dinner, …