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Wholesaler Crump Insurance promoted Kevin Hahn to executive vice president. As head of New York brokerage operations, Hahn will oversee Crump’s offices in Long Island and New York, and its environmental practice. XL Insurance appointed Gary S. Kaplan to the …

Nevada Insurance Commissioner Resigns; State Seeks Replacement

Nevada’s Business & Industry Director Dianne Cornwall announced that Nevada Insurance Commissioner Scott J. Kipper has resigned. Kipper has been insurance commissioner since December 2008, when he replaced Acting Commissioner Betty Baker who served after longtime Commissioner Alice Molasky-Arman retired …

London Market Group Launches ‘Next Phase’ of Electronic Endorsements

The London Market Group (LMG) has announced that the electronic endorsements pilot is “moving into the next phase.” The LMG said “100 percent of Managing Agents, all of which are connecting via the Exchange, 26 Company Market insurers and 15 …

New York Insurance Regulator Hands Out Large Fines

New York insurance regulators have handed out some sizable fines in the last several months, according to a new report, including a $360,000 fine for a large national insurer that overcharged auto insurance customers over several years. Clarendon National Insurance …

California Workers’ Compensation Insurance Market More Lucrative

Prices are improving in the California workers’ compensation insurance market – at least according to one specialty workers’ compensation carrier in the Golden State. According to PacificComp President and CEO James E. Little, prices have been improving as some of …

London Broker Cooper Gay Warns Multinationals on D&O Protection

According to Dan Barton, Managing Director of Professional Risks at Cooper Gay, the London-based independent wholesale, reinsurance and specialist retail insurance broker, “many international companies with subsidiaries spread across the globe do not have adequate controls in place to ensure …

Congress’s inability to act leaves many in flood prone areas vulnerable – for the second time this year and the fourth in 12 months’ time. When it rains it pours, as the saying goes. By extension, one could say that …

Calif. Agents Could Face New CE Requirements

Agents, Insurer Groups Discuss Homeowners Replacement Cost Regulations California insurance agents and producers may face new continuing education requirements on estimating replacement value on homeowners insurance. The California Department of Insurance has proposed regulations governing standards and training for estimating …

Mapfre Global Risks Launches New Website

MAPFRE GLOBAL RISKS announced from its headquarters in Madrid, that it has launched its new website www.mapfreglobalrisks.com “in order to bring closer to its clients, brokers and service companies, its corporate philosophy and its business solutions to clients, brokers and …

Business Moves

Fremont Michigan, Northern Mutual Fremont Michigan InsuraCorp Inc., a Michigan-exclusive property and casualty insurance company headquartered in Fremont, Mich., and Northern Mutual Insurance Co. (Northern), a Michigan mutual insurer, have agreed to a strategic alliance between the two insurers. Northern …