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Maine-based Workers’ Comp Insurer MEMIC Announces Acquisition

Workers’ compensation insurer The MEMIC Group acquired a Vermont-based insurer. The insurer also said it plans to expand its operations in Pennsylvania and New Jersey in 2012. MEMIC purchased Granite Manufacturers Mutual Insurance Company in Vermont and will rename it …

Former South Carolina Governor’s Brother Denies Liability for Pool Drowning

The brother of former Gov. Mark Sanford and his wife deny they are liable for the death of a 6-year-old boy found dead in a pool during a party they hosted. The Island Packet of Hilton Head reported that John …

Johnson Elected to Lead Insurance Council of Texas Board

The Insurance Council of Texas (ICT) has elected Joe Johnson chairman of the board of directors beginning Jan. 1, 2012. Johnson is vice president and regional manager of the United Fire Group. Johnson has served 35 years in the insurance …

Texas Mutual Pays Combined $690K to 4 Safety Groups

Texas Mutual Insurance Co. announced that four workers’ compensation safety groups have earned a combined $690,036 in dividends: Texas Recreation Group, $278,353; Texas Construction Supply, $200,752; Texas Green Industry, $133,453; AgriComp, $77,478. The dividends were based largely on each group’s …

XL Hires Another ACE Executive for Its New York Team

XL Group’s North America primary casualty group appointed industry veteran Jay Lefkowitz to a newly created position of head of U.S. risk management. Lefkowitz is based in New York and reports to Ken Riegler, who is another recent arrival at …

Cadwell Named Grinnell Mutual Crop Hail Vice President

Verne Cadwell has been named vice president of the crop hail division at Grinnell Mutual Reinsurance Co. located in Grinnell, Iowa. Cadwell’s promotion follows a 12-year career at Grinnell Mutual, where he has served as the crop hail claims manager. …

Hurricane Forecaster Delays 2012 Prediction Until Spring

Hurricane forecaster William Gray will wait until spring to predict how many storms will form in the Atlantic. Gray and his research partner at Colorado State University, Philip Klotzbach, usually start making predictions in December but this month, for the …

Get Ready to ‘Face’ the Next Wave in Marketing: Mavatars

The motion picture “Minority Report” gave the audience a look into the future of retail marketing as retina scans were used to project customized digital advertisements for consumers in public spaces. An Iowa State University management information systems professor says …

Starr Expands Offerings Through Acquisition

Starr International Co. has acquired Assist-Card International Holdings S.A. and expanded its offerings to include travel and emergency assistant services. Assist-Card provides these travel services to more than 7 million people through a network of providers spanning 107 countries. “This …

Digital Insurance Acquires South Florida’s Kellogg Smith

Digital Insurance has acquired Kellogg Smith as part of a plan to increase its presence in Florida. The addition of the Miami-based Kellogg markets the eleventh addition to the company this year. Established in 1993, Kellogg Smith serves south Florida, …

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