February 22, 2009
$210 Million Amount sought by a Baltimore man who alleges in a lawsuit that rogue police officers violated his civil rights in a public strip search. Thirty-five-year-old Navy veteran Daryl Martin is suing the city Police Department, former commissioner Leonard …
February 22, 2009
At New York Forum, Industry Insiders Credit Risk Management for Minimizing Recession’s Impact To many, the insurance world seems to operate on its own theory of physics. And to the hundreds of high-powered industry execs who gathered on the third …
February 22, 2009
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. Fire Protection Contractors Market Detail: McNeil & Co. brings agents the FireWatch Program. This is …
February 19, 2009
To many, the insurance world seems to operate on its own theory of physics. And to the hundreds of high-powered industry execs who gathered on the third floor of the Waldorf-Astoria in New York earlier this year, there is a …
February 18, 2009
Richard G. “Dick” Clarke, senior vice president of J. Smith Lanier & Co. in West Point, Ga., has been elected 2009 president of RiskProNet International, a network of 25 independent insurance brokers in North America. Clarke is a veteran of …
February 18, 2009
Trinity Universal Insurance Co., a Unitrin, Inc. subsidiary, has completed its previously announced acquisition of Direct Response Corp. and its subsidiaries in a cash transaction valued at approximately $200 million. Direct Response is based in Meriden, Connecticut and specializes in …
February 18, 2009
Target Insurance Services has hired Scott Umstot as senior production underwriter in its Avon, Connecticut headquarters. Umstot most recently handled the technology E&O program at Darwin Professional Underwriters. Prior to that, he spent several years with the Chubb Group underwriting …
February 18, 2009
A trade group for Connecticut insurance agents is urging lawmakers to abandon plans to create a state natural catastrophe fund. The Professional Insurance Agents of Connecticut (PIACT) said the state’s Insurance and Real Estate Committee should oppose Senate Bill 530, …
February 17, 2009
By year end, American International Group Inc. expects to have largely wound down a money-losing financial products unit that was the cause of its near-collapse last year, said Gerry Pasciucco, hired three months ago to oversee the closure. “2009 is …
February 17, 2009
Prosecutors told a federal jury Friday that Montgomery insurance executive John Goff stole millions to finance a lavish lifestyle. Defense attorneys said Goff was indicted for what was simply a business dispute with two subsidiaries of XL America Corp. The …