Markel Corp. named Anthony F. (Tony) Markel vice chairman and Paul W. Springman president and chief operating officer. Markel has been associated with Markel Corp. for more than 40 years, most recently serving as president and chief operating officer since …
Friend and Colleague “We are devastated that all hope is lost, but we also find a sense of closure in knowing that we can lay to rest our dear friend and colleague with the dignity and respect she deserves.” —Chrissy …
Professional Program Insurance Brokerage in Novato, Calif., has introduced a cosmetic products liability program. PPIB has appointed New Jersey-based Marine Agency Corp. as the exclusive managing general agent for the plan. The program will cover those selling both name brand …
With no Gulf Coast hurricane since Hurricane Katrina in 2005, Alabama and Mississippi officials have worried that residents and tourists could become complacent about the seriousness of orders to flee the next disaster that strikes Gulf shores. Hurricane season begins …
Residents and business owners in several northeast Alabama counties will get financial help to rebuild and repair property affected by the severe storms and tornado on May 11. Officials announced May 16 that beginning May 19 residents of Cleburne, Calhoun, …
Standard & Poor’s Ratings Services has assigned its ‘BB+’ junior subordinated debt rating to Liberty Mutual Group Inc.’s (LMGI) Series C junior subordinated notes in an amount up to $1.25 billion with a scheduled maturity date of 2058. S&P has …
Complex Investigation “They’re going to treat it as suspicious until they find out it isn’t.” —Norwich, Connecticut Police Capt. Timothy Menard, commenting on the investigation into a massive fire at an apartment complex in the town. The blaze leveled a …
The Alabama Legislature has passed a bill that will allow captive insurance companies to sell residential insurance along the Alabama coast. The House and Senate voted without dissent to give final approval to changes in the bill sponsored by Republican …
MyNewmarkets.com, the Web site with a searchable online directory that brings together agents seeking property/casualty insurance markets with the market providers, is expanding its content to include in-depth analysis and reporting on technical and coverage issues. Christopher J. Boggs has …
The Alabama Legislature has voted to raise the minimum amount of auto liability insurance that motorists must purchase. The current limits under Alabama’s mandatory insurance law are $20,000 for a single injury or death, $40,000 for multiple injuries or deaths, …
