Declarations
Arson Arrest “When I heard the name, I was blown away. He’s a good kid and it’s a bit sad to see his name dropped in the papers.” —Ben Lombardi, neighbor of Anthony Baye, the man accused of a rash …
People
Colemont Insurance Brokers has promoted Tara Plourde to broker in the company’s Hartford, Connecticut office. She joined Colemont in 2008. Prior to Colemont, she was a commercial lines underwriter at a standard lines carrier. She specializes in casualty accounts, focusing …
Florida Builder Sues Insurers Over Chinese Drywall Claims
A luxury residential construction firm has filed suit against 14 insurance companies to force them to cover claims relating to allegedly defective Chinese drywall. The suits were filed by WCI Chinese Drywall Trust, which was formed in bankruptcy proceedings of …
People
Todd Richardson has been promoted to regional vice president – State Auto Middle Markets Insurance (SAMMI) for the company’s Western region, which includes Utah, Colorado, Arizona, Oklahoma and Texas. Richardson will manage the SAMMI underwriting teams based in Austin, Texas, …
Will Gay Marriage Bring Marketing Opportunities for Agents?
The Market Is Huge, but Some Independents Say It’s Difficult In business, change brings opportunity. And when it comes to the rapid wave of states that have recently legalized gay marriage, some see a marketing opportunity in selling insurance products …
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. Home Builders & Artisans Contractor’s GL Market Detail: Northern Star Management offers access to a …
Poll: Connecticut Voters Want Seat Belts on School Buses
A new poll says almost three of every four Connecticut voters support legislation requiring seat belts on school buses in the state. The Quinnipiac University survey released Thursday says the proposal has strong support across party lines and in all …
Researchers: Climate Change Expected to Increase Storm Activity in Texas
Climate change will likely increase the frequency and severity of storm activity in Texas, an area of the country that is especially vulnerable to the “triple threat” of hurricanes, hail storms and tornadoes, weather researchers said at a conference at …
Business Risk Exclusion Means No Coverage for Toppled Conn. House
The Hanover won’t have to pay $26,000 in claims on behalf of a Connecticut contractor who accidentally knocked over the house he was working on, a Connecticut Superior Court has ruled. The decision comes from a lawsuit by homeowner James …
AIG Owes $195 Million to Financial Product Unit Employees
A substantial number of AIG’s Financial Products employees set to get some $195 million in retention payments no longer work with the bailed out insurer, sources familiar with the matter said Wednesday. This will be the latest round of retention …
