June 21, 2010
U.S. Risk Insurance Group Inc. named Julie Sylim a vice president and branch manager for the company’s Oakland, Calif., office. Julie has more than 20 years of insurance experience, most recently in the wholesale arena. She previously was the underwriting …
June 21, 2010
$1.6 Billion London-based BP told Reuters the oil spill in the Gulf of Mexico has already cost it $1.6 billion and that it would begin operating an additional mechanism to capture more crude from the leaking well in the coming …
June 21, 2010
Birmingham, Ala,-based CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T, has signed an agreement with TB&C Wholesale Insurance Services to combine two of the California offices of both companies. The combined offices will operate as CRC Insurance Services …
June 21, 2010
Resignation is One of Many in West The latest in a series of resignations among western insurance regulators, J.P. Schmidt, Insurance Commissioner of the State of Hawaii, will be leaving his position to join the Honolulu law firm of Bays …
June 21, 2010
San Gabriel Valley, Calif., chapter of the Chartered Property Casualty Underwriters Society has installed its 2010-2011 officers and directors. The officers are: President Heather Reynolds of Zenith; Vice President Tracy Stevenson of Tokio Marine Management; Secretary George Khoury of K-KICS …
June 21, 2010
Marsh & McLennan, Kroll, Altegrity Marsh & McLennan Cos Inc. agreed to sell investigations unit Kroll to a firm led by former Marsh CEO Michael Cherkasky for less than the insurance broker paid for Kroll six years ago. MMC plans …
June 21, 2010
Country Sees Growing Power of Hispanic Agents and Customers A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast. Elmer Rivera, …
June 21, 2010
Waitress or Entertainer? “This really is the cornerstone of civil rights: You can’t discriminate based on appearance.” —Richard Bernstein, an attorney for two former waitresses in Michigan who said Hooters fired them because of their weight, told a newspaper the …
June 21, 2010
Marsh & McLennan, Kroll, Altegrity Marsh & McLennan Cos. Inc. agreed to sell investigations unit Kroll to a firm led by former Marsh CEO Michael Cherkasky for less than the insurance broker paid for Kroll six years ago. MMC said …
June 21, 2010
Florida Group Stresses Educational Offerings, Serving Non-Latin Agents Following the success of agents in Florida and California, a group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve …