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Poms Adds Two Vice Presidents In New Mexico

Poms & Associates Insurance Brokers Inc. named Daniel Foley and Carol Hotubbee to vice president posts in the Albuquerque, N.M. office. Foley will serve as vice president. Hotubbee will serve as vice president of new business development. Foley has more …

Old Wiring Damaged by Sandy Floodwaters Blamed for N.J. Seaside Fire

Investigators who have been examining last week’s devastating boardwalk fire in New Jersey announced that old electrical wiring underneath the boardwalk, damaged by Superstorm Sandy’s floodwaters last year and worn down by sand, was to blame for the blaze.Investigators said …

ITC Releases TurboRater in California

Carrollton, Texas–based Insurance Technologies Corp. announced the release in California of its web-based comparative TurboRater in California. Independent insurance agents can use the insurance rating system it to automate the process of obtaining insurance quotes from multiple companies. Beside California, …

MarketScout Adds Bourret in Commercial Program Underwriting Practice

MarketScout, an insurance distribution and underwriting company headquartered in Dallas, Texas, has expanded its commercial insurance specialty program underwriting practice with the addition of Jackie Bourret as vice president, program development. Bourret was formerly vice president at Argo Group US …

All Risks Ltd. Opens an Office in New Orleans Area

Independent insurance wholesaler, All Risks Ltd., announced the opening of an office in Metairie, La. This is the twenty-second office for All Risks. With three insurance professionals with extensive and diverse backgrounds, this office offers a full-line of property/casualty products …

Bus Company Settles Southern California Amputee Lawsuit For $15M

An 85-year-old man who lost part of his leg after a public bus hit him in a Southern California crosswalk settled a lawsuit Monday for $15 million – just before a jury reached a verdict that would have given him …

Allstate Wins Major Medical Fraud Lawsuit in Nevada

Allstate Insurance Co. received a judgment of more than $7 million following a Racketeering Influenced in Corrupt Organizations investigation nearly 10 years in the making. It is the company’s first medical fraud lawsuit in the state. “Medical insurance fraud affects …

Monitor Launches Enhanced Executive Liability Insurance for Private Companies

Monitor Liability Managers has launched a new executive liability insurance suite of coverages for privately held companies called ExecSuite. With ExecSuite, businesses can choose the coverage that best suits their needs. Choices include: directors, officers and corporate liability; employment practices …

U.S. Crop-Insurance Claims Jump Amid Planting Delays, USDA Says

U.S. farmers who were prevented from planting by rain this year filed crop-insurance claims on six times more land than last season, the government said. Farmers filed claims on 8.213 million acres of grains, oilseeds, cotton and sugar as of …

CNA Promotes Cadelli to Vice President of Inland Marine

Chicago-based CNA Financial Corp. has promoted Drew Cadelli to vice president, inland marine. For the past two years, Cadelli was the inland marine zone leader supporting the Mid-Atlantic and Northern zones. Cadelli started his career with The Hartford and held …

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