Commissioner of Securities and Insurance Monica J. Lindeen has appointed Adam J. Schafer as her deputy commissioner and chief of staff. Schafer is a Billings native who most recently served as executive director for the National Caucus of Environmental Legislators …
A Mississippi judge has thrown out a $322 million lawsuit verdict that had been hailed as the largest asbestos award for a single plaintiff in U.S. history. The case began to unravel last year after defense lawyers asked the Mississippi …
The Insurance Australia Group has advised that its Australia Direct and CGU businesses have, “received approximately 20,000 claims following the hailstorms and related severe weather which occurred in Victoria around Christmas Day. The majority of claims relate to vehicle damage …
Catastrophe modeling firm AIR Worldwide’s report on Windstorm Ulli notes that it is “passing through Scandinavia and is expected to dissipate as it moves over the Baltic Sea today. “A class 2 weather warning from the Swedish Meteorological and Hydrological …
Ecuadorean plaintiffs who won an $18 billion environmental case against Chevron Corp will pursue legal action against the company overseas in a bid to collect the damages, their lawyer said on Wednesday. An appeals court in the OPEC nation upheld …
Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies announced that it has completed its previously agreed acquisition of the brokerage business of South Africa’s Alexander Forbes. Marsh said the “transaction comprises its South African insurance broking operations, Alexander Forbes …
Tennessee traffic fatalities declined sharply this year, reaching their lowest figure in 49 years. So far in 2011, 926 people have died in wrecks in the state. It’s the fewest since 811 in 1962. Col. Tracy Trott of the Tennessee …
Rocklin, Calif.-based Builders & Tradesmen’s Insurance Services Inc. (BTIS) has been purchased by AmTrust Financial Services Inc. BTIS is an insurance wholesaler and general agent specializing in the procurement and brokering of insurance policies and bonds for small contractors. The …
The assets of Pullman, Wash.-based Associated Independent Agencies Inc. (AIA) have been acquired by Headquartered in Chicago, Ill.-based Hub International Ltd (Hub). Terms of the deal were not disclosed. The AIA operation will become part of Hub International Mountain States …
Willis North America has named Jason Richardson as Regional Partner of Northern California. The appointment is effective immediately. Richardson will be based in San Francisco, Calif. Richardson will oversee Willis’ offices in Northern California and be responsible for business development …
