August 5, 2013
The state Insurance Division says a South Dakota-based insurance company has agreed to pay a penalty of $25,000 and comply with insurance laws and regulations. The division says it has completed an examination of ReliaMax Surety Co., which issues surety …
August 5, 2013
An American Express subsidiary is dropping its complaint against a Maryland man jailed for months in the presumed death of his traveling companion in Aruba. AMEX Assurance Company sued Gary Giordano of Gaithersburg to void a travel insurance policy he …
August 5, 2013
A federal appeals court says an Oregon longshoreman who got drunk on the job, urinated while standing on a dock and then fell 6 feet onto concrete should not get workers’ compensation benefits for his injuries. Gary Schwirse drank at …
August 5, 2013
The developers of a Hollywood skyscraper have agreed to dig a trench to determine whether an earthquake fault runs beneath the site slated for the project. The Los Angeles Times reported that New York-based Millennium Partners will dig at the …
August 5, 2013
A Maui man who uses a wheelchair says he was forced to crawl through the aisle, up and down stairs and along a tarmac during a Delta Air Lines flight last year. The Honolulu Star-Advertiser reported that Baraka Kanaan, in …
August 5, 2013
The Registry of Motor Vehicles is warning consumers in western Massachusetts to watch out for scammers who sell cars with reconstructed titles from Oregon that mask vehicles damaged during Hurricane Sandy. The RMV says hidden water damage could pose dangers …
August 5, 2013
Poms & Associates Insurance Brokers Inc. named John Bessenbacher vice president of new business development in its Sacramento, Calif. office. Bessenbacher will play a role in the development of marketing strategies and business development for Poms. Bessenbacher has experience assessing …
August 5, 2013
After A.M. Best downgraded the financial strength ratings of the insurance operations of Meadowbrook Insurance Group on Friday, the insurer announced on Monday that it has entered into an agreement with State National Insurance Co. to provide “A” rated policies …
August 5, 2013
Selective Insurance Group Inc. reported $27.1 million net income for its 2013 second quarter, improving from $0.3 million net income during the same period a year ago. The Branchville, N.J.-based insurer said it achieved a 7.2 percent renewal pure price …
August 5, 2013
Liberty Mutual Insurance has given Executive Vice President Julie Burnett an added responsibility as head of distribution for the company’s Business Insurance operation. In addition to this appointment, Burnett will continue to lead the company’s Small Commercial strategy and execution, …