December 11, 2009
Business Risk Partners (BRP), based in Windsor, Conn., now offers general liability (GL) coverage to technology firms that purchase errors and omissions (E&O) policies. Coverage is underwritten by Lloyds of London. “Today a service firm without GL and E&O coverage …
December 11, 2009
A.M. Best Co. has assigned a financial strength rating of “A-” (Excellent) and an issuer credit rating of “a-” to Austin, Texas-based medical professional liability insurer Advocate, MD Insurance of the Southwest Inc. The outlook assigned to both ratings is …
December 9, 2009
Drunken driving fatality rates have fallen in 40 states and the District of Columbia, an encouraging sign that crackdowns are improving highway safety. The Transportation Department said that 11,773 people were killed in drunken driving crashes in 2008 for a …
December 8, 2009
Members of the National Association of Insurance Commissioners (NAIC) have elected their 2010 officers at their Winter National Meeting in San Francisco. The new officers are: President: West Virginia Insurance Commissioner Jane Cline; President-Elect: Iowa Insurance Commissioner Susan Voss; Vice …
December 6, 2009
$432,000 Amount stolen by an ex-bookkeeper from Wallace M. Reid insurance agency in Pittsburgh. Prosecutors say 45-year-old Debrah Wenig signed checks to herself and her creditors, then forged the names of supervisors on them. She covered up the thefts — …
December 6, 2009
Battling Ida “They were literally fighting each wave. They did that for days.’” —Ocean City, N.J. resident Bob Ashenbrenner, describing local officials’ efforts to reinforce breached dunes near his home as the remnants of Tropical Storm Ida battered beaches along …
December 6, 2009
The 2,074-page health care bill includes a range of items that some say could be time bombs in waiting for some agencies – or new opportunities. Until this year, health care was a minor blip on the radar of insurance …
December 6, 2009
The Connecticut Supreme Court reinstated a lawsuit brought by the owners of a dump truck involved in a fiery crash in Avon in 2005 that killed four people and injured 11 others. In its decision, the high court overturned a …
December 6, 2009
Swett & Crawford has hired Carmela Noto as a broker in the insurance wholesaler’s Morristown, New Jersey office. Noto has long-term experience in marketing and managing commercial insurance portfolios and spent the bulk of her 20-year career with All America …
December 6, 2009
The San Diego office of Lockton Cos. hired Bud Cole in the company’s employee benefits practice as vice president and senior consultant. Cole will serve as a liaison between clients and the Lockton benefits team, responsible for managing client relationships …