October 3, 2011
LexisNexis Risk Solutions has acquired the Sales Portal from MarshBerry, the insurance consulting and merger and acquisition advisory firm. The Sales Portal is a sales management automation tool used by larger brokerages that will now be offered by the LexisNexis …
October 3, 2011
William Gallagher Associates, a Boston-based broker and risk management services provider, has hired former Willis staff Mary Broderick as senior vice president for the property/ casualty practice. Broderick will serve as the new property practice leader at William Gallagher Associates. …
October 3, 2011
AIG’s global property and casualty insurer Chartis continues to see opportunities in Europe despite the sovereign debt crisis, the chief executive of the unit said in an interview last Friday. Peter Hancock also said Chartis is pursuing a strategy of …
October 3, 2011
Wholesale broker Burns & Wilcox has purchased Kimbrell Insurance Group Inc., a wholesale broker and underwriting manager in South Carolina. Kimbrell was founded in 1986 and is located in the Myrtle Beach, S.C. area. Burns & Wilcox acquired Kimbrell from …
October 3, 2011
Maryland police agencies have issued thousands of tickets to drivers for using hand-held cellphones behind the wheel in the year since a ban took effect. Records from more than 70 police agencies in the state that participate in the Electronic …
October 3, 2011
The Superior Court has sided with a judge who dismissed a lawsuit against the Roman Catholic Diocese of Pittsburgh filed by the family of a man who committed suicide last year after the diocese stopped paying for his mental health …
October 3, 2011
Lawyers, plaintiffs and others are remaining quiet about a $35 million settlement with hundreds of people who say a Massey Energy subsidiary poisoned their wells with coal slurry. More than 300 people gathered at the Kanawha County Courthouse last week …
October 3, 2011
Outbreaks of listeria and other serious illnesses linked to tainted food are becoming more common, partly because much of what we eat takes a long and winding road from farm to fork. A cantaloupe grown on a Colorado field may …
October 3, 2011
JPMorgan Chase & Co. and Bank of America Corp. were hit with new lawsuits by investors claiming losses on $4.5 billion of soured mortgage debt, adding to litigation targeting the two largest U.S. banks. The plaintiff Sealink Funding Ltd. said …
October 3, 2011
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of American Southern Group and its members. These ratings apply to American Southern Insurance Company of Topeka, Kansas and its …