Connecticut News

West Virginia Eyes Lien on Fire Insurance to Fight Abandoned Buildings

West Virginia may be on the path to helping municipalities pay for debris removal of abandoned buildings with insurance payments in a way that insurers can live with. The issue of how to pay for the cleanup has irked property …

Enloe Named VP at Specialty Risk Services

Betsy Enloe has been appointed vice president of technology at Specialty Risk Services, a subsidiary of The Hartford that specializes third party administration for workers’ compensation and liability claims Enloe, who will be based in Hartford, Connecticut, will work with …

Colemont Promotes Plourde to Broker

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. Tara specializes in casualty accounts, focusing …

Connecticut Teen’s Death Revives Bus Seat Belt Debate

For more than a decade, Connecticut lawmakers have considered and dismissed the idea of requiring seat belts on school buses that carry nearly 500,000 children each day. But a deadly weekend crash in Hartford has given the argument a human …

A.M. Best Upgrades Farm Bureau County Mutual Insurance Co. of Texas

A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit rating to “a” from “a-” for Farm Bureau County Mutual Insurance Company of Texas (County Mutual). These ratings have been removed from …

Fenster Named Director of New York Workers’ Comp Board

Jeffrey R. Fenster has been appointed executive director of the New York Workers’ Compensation Board. Prior to joining the board, Fenster served as a litigation associate with the New York law firm of Stroock & Stroock & Lavan, where he …

People

New York-based insurance wholesaler Russell Bond & Co. has promoted Margaret J. Arnold to assistant vice president-controller. She is a 20-year veteran of the firm. In addition, the company has also promoted Derek Bucciferro to senior underwriter. He has 10 …

Business Moves

United Insurance, Mexico Agency Falmouth, Maine-based insurance agency United Insurance has acquired The Mexico Agency business from Northeast Bank Insurance Group. The Mexico Agency, which was acquired by Northeast in 2004, writes approximately $900,000 in annual premiums and employs three. …

Business Moves

Aon Risk, Allied North America Aon Risk Services, the risk management and insurance brokerage business of Aon Corp., said it has agreed to acquire Allied North America, one of the largest independent surety and construction insurance brokerage firms in the …

People

The board of directors of the American Academy of Actuaries has elected Mary Frances Miller as the organization’s president-elect. Miller will succeed Ken Hohman as president for the 2010-2011 term. Miller is a consulting actuary with Select Actuarial Services in …