Alabama News

People and Places

Less than six months after being promoted to the job, Joseph J. Beneducci tendered his resignation as CEO of Fireman’s Fund Insurance Co. Chuck Kavitsky, president of Allianz of America and the former Fireman’s Fund chief executive whom Beneducci replaced, …

My New Markets

Truckers, Motor Truck Cargo Nuts & Bolts: Frontline Underwriters Inc., an independently owned and operated wholesale MGA, specializes in the placement of motor truck cargo, and offers physical damage and truckers’ liability. Dollars: $10,000 to $250,000. p:Carrier: Rated “A” by …

After Formaldehyde Complaints, FEMA to Test Air Quality in Trailers

Federal agencies will test air quality in trailers housing Gulf Coast hurricane victims, an official said July 20, a day after documents revealed that government lawyers discouraged investigating reports of high formaldehyde levels in them. The Federal Emergency Management Agency …

My New Markets

Nutraceuticals Nuts & Bolts: MarketScout is offering commercial general liability or products on a claims made basis, defense inside the limits. Target risks include accounts with 20 or fewer products, new ventures and importers. Herbals, botanicals, vitamins, minerals, enzymes, and …

People

The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president and chief operating officer of Hartford …

Report: N.C. among states with worst traffic, S.C. among best roads

Nearly 52 percent of U.S. urban Interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual highway performance report. “Gridlock isn’t going away,” said David …

Declarations

Declarations Tandem response “It makes no sense for us not to plan all of our responses in tandem.” — Alabama Gov. Bob Riley as he and Mississippi Gov. Haley Barbour vowed to cooperate in the event of a storm, just …

My New Markets

EPLI for Law Firms Nuts & Bolts: SUA Inc. is offering employment practices liability insurance for law firms with up to 100 employees in all 50 states that includes coverage for allegations of harassment, discrimination, and wrongful employment practices. Additional …

Editor’s Note: Size doesn’t matter

Big or small, company size is said not to matter in the insurance industry. At a recent agent/broker conference, Rick Quagliaroli, president and CEO of Strongwood Holdings Insurance Corp., told the audience that there are benefits to doing business with …

People

Less than six months after being promoted to the job, Joseph J. Beneducci tendered his resignation as CEO of Fireman’s Fund Insurance Co. Chuck Kavitsky, president of Allianz of America and the former Fireman’s Fund chief executive whom Beneducci replaced, …