Connecticut News

Aon Expands Boston Office with Oliveras, Roche

Aon Risk Services, the retail brokerage and risk management unit of Aon Corp., has added Carlos Oliveras and Tom Roche to the firm’s Boston office, which serves New England. Oliveras, who joined Aon in summer 2006 as a managing director …

Connecticut Agents Get Online License Renewals

There’ll be no more ink and paper for Connecticut agents looking to renew or change their insurance licenses. That’s because the state’s insurance department said it has upgraded its computer systems to allow agents to renew or alter their licensing …

Colemont Promotes Kessler in Hartford

Colemont Insurance Brokers has promoted Larry Kessler broker in the company’s Hartford, Conn. office. Kessler, who has served in various positions with Colemont since 2004, will specialize in casualty and property placements. Prior to joining Colemont, he managed a non-standard …

Ratings Recap: Darwin, First American, CIGNA, First Marine, SUA, Tailwind/Northwind/Unum

A.M. Best Co. has assigned an issuer credit rating (ICR) of “bbb-” to Darwin Professional Underwriters, Inc. (DPUI) of Wilmington, Del. and has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and ICRs of “a-” of the Darwin Group, …

Conn. Jury Awards Record $38.5M in Malpractice Lawsuit

A Superior Court jury in Stamford, Conn. has ordered a city obstetrician to pay $38.5 million to the family of a boy born with cerebral palsy in 2003. The verdict is believed to be among the largest medical malpractice awards …

People

Louisiana Workers’ Compensation Corporation hired Michael Page as director of safety and loss prevention. Page previously was director of loss prevention services for Workforce Safety and Insurance in North Dakota and corporate health and safety manager for Remedial Construction Services …

My 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. Nutritional & Dietary Supplements Nuts & Bolts: Travis-Pedersen and Associates Inc. is offering a new …

Word-of-Mouth Marketing Yields Big Results

New study reveals the value of clients who refer new business is priceless A firm’s most valuable customers are not necessarily those who buy the most. Instead, customers who refer new business can be worth as much as the big …

People

Former Ace Ltd. CEO and Chairman Brian Duperreault has stepped down from the Bermuda-based insurer to assume to role of president and CEO of Marsh & McLennan Companies Inc. Duperreault replaces Michael Cherkasky, who had been president and CEO since …

Business Moves

Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s property/casualty business. Swiss Re …