Connecticut News

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Corporate Directors and Officers Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC offers a …

Declarations

The Party’s Over “That party is over. … It’s a certainty that insurance industry profit margins, including ours, will fall significantly in 2008. Prices are down, and exposures inexorably rise … So be prepared for lower insurance earnings during the …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Tattoo & Body Piercing Nuts & Bolts: Professional Program Insurance Brokerage has enhanced its tattoo …

Five Execs Found Guilty of Fraud in Gen Re-AIG Trial

A federal court jury in Hartford, Connecticut, has found four former General Re Corp. executives and one former American International Group executive guilty of corporate fraud and conspiracy charges stemming from allegations that the five helped cook AIG’s books in …

Mauro to Lead East Coast Business Development for Alliant Insurance

Alliant Insurance Services, a California-based specialty insurance brokerage firm, reports that Joseph A. Mauro, a veteran insurance industry sales executive, has joined Alliant’s New York office as business development director. Mauro, who will report to Alliant Chief Operating Officer Jerry …

Connecticut Lawmakers Weigh Stricter Teen-Driving Laws

Connecticut lawmakers are hoping a bill aimed at tightening teen driving laws will clear its first legislative hurdle today. That’s when a vote in the Transportation Committee is scheduled. The bill – a combination of Gov. M. Jodi Rell’s proposal …

PWIB Announces Change of Name and Launch of New Divisions

ATLANTA, March 5, 2008 – Insurance Specialty Group, LLC (“ISG”) is the holding company, which owns Pacific Wholesale Insurance Brokers, LLC (“PWIB”). ISG is pleased to announce the change of business name of its wholesale brokering operations from PWIB to …

Connecticut River Communities Warned About Potential Spring Floods

Communities along the Connecticut River are being told to prepare for the possibility of flooding over the next few weeks. The heavy snowfall in northern New England this winter, combined with one of the wettest months of February on record, …

Fraud Trial Starts for Owner of Truck in Fiery Conn. Crash

A former business owner whose truck was involved in a fatal chain-reaction crash at the base of Avon Mountain in Connecticut in 2005 went on trial yesterday. David Wilcox, 72, owned a dump truck that lost control and descended Route …

Texas’ Jan. Enforcements Result in Nearly $570K in Fines, Restitution

Enforcement actions taken by The Texas Department of Insurance that became final during January 2008 include nine license revocations, a license denial and fines and restitution totaling $569,867. Only final orders are listed. An order imposing disciplinary measures becomes final …