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N.J. Insurance Veteran Fernandez Wins PIA Award

The National Association of Professional Insurance Agents (PIA) has named New Jersey insurance veteran Edward Fernandez as its 2011 Company Representative of the Year. Fernandez is president of the Palisades Companies, an independent agency insurer and part of the Plymouth …

FERMA’s President on the Risk Managers’ Role, Transparency, Innovation

Peter den Dekker has been a busy man. However, the President of the Federation of European Risk Management Associations* (FERMA) took time out to talk to the IJ on the expanding role risk managers are playing in these troubled times, …

Hawaii Insurance Exec Elected to National Safety Engineering Post

Jim Newberry, assistant vice president and risk control manager of Honolulu, Hawaii-based Island Insurance, has been named risk management and insurance practice specialty administrator of the American Society of Safety Engineers’ Practice Specialty Leadership Group for 2011-2012. Newberry is the …

Northern California Insurance Fraud Ring Busted

Multiple suspects in an insurance fraud ring have been arrested as a result of indictments handed down by a Contra Costa County Grand Jury, it was announced on Wednesday. The arrests are a result of a two-year investigation by California …

Colorado Firms Wright Group and Pells Combine

A pair of Colorado insurance firms have joined forces for an expansion in the area, as well as nationally. The Wright Group Services and Pells Insurance Associates have combined resources to be better poised for continued expansion within the Denver …

Euclid Managers Adopts New Coverages, Approach for Insuring Tech Firms

Euclid Managers, LLC, an underwriting manager and claim administrator for internet, tech, media, manufacturing and miscellaneous professional liability, has added more coverage for Internet and tech companies via a new approach. The coverage approach aggregates a collection of first-party and …

Bradway Named Business Development Manager of NAS

Mark Bradway has been named business development manager of Encino, Calif.-based NAS Insurance Services. Bradway will oversee business development in the Northeast region of the U.S. Bradway has more than 13 ears of insurance sales, marketing and distribution experience.

NCPERS Launches Fiduciary Liability Insurance Program with Ullico Casualty

The Board of Directors of the National Conference on Public Employee Retirement Systems NCPERS, a trade association for public sector funds, has unanimously endorsed Ullico Casualty Group Inc.’s fiduciary liability insurance program for its members. The members of NCPERS manage …

Deutsch Bank Head Sees ‘Fundamental Reassessment’ of Financial Industry

Dr. Josef Ackermann’s keynote speech to delegates at the Risk Management Forum of the Federation of European Risk Management Associations (FERMA) basically described the global financial system as broken and in need of a “fundamental reassessment.” As the Chairman of …

Number of U.S. Deer-Vehicle Collisions Falls 7 Percent

For the third consecutive year, the number of deer-vehicle collisions in the U.S. has dropped, according to Illinois-based State Farm Insurance. And the downturn is accelerating. The percentage decline over the last year is nearly three times as large as …

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