Connecticut News

Lockton Connecticut Names Rodriquez Vice President

Lockton Connecticut has named Orlando Rodriquez vice president and unit manager for its Farmington-based commercial insurance team. Rodriguez brings to Lockton 14 years of experience providing risk management solutions to a diverse range of industries. He will manage a unit …

Study Finds Economic Costs of Federal Cat Legislation Burdensome

Natural catastrophe legislation passed by the U.S. House of Representatives and pending in the U.S. Senate would create a multi-billion dollar burden on taxpayers in at least 20 states, according to a new study released yesterday. The federal legislation would …

Goedtel Named Member Liaison for PIA in New Hampshire

The Professional Insurance Agents of New Hampshire has named Rosemary Goedtel to the newly created position of member liaison. Previously, Goedtel was member liaison for the Professional Insurance Agents of Connecticut, New Jersey and New York State, where she worked …

Business Moves

Allied World, Darwin Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers specialty and primary professional lines coverages, which include health care professional liability and niche errors and omissions. Darwin also has …

Figures

$8.5 Million Amount of settlement reached with five insurers for the Roman Catholic Diocese of Springfield, Mass. to pay claims filed by people who were sexually abused by priests. About $3.5 million will be used to pay back the diocese …

State Ranking In Number of Events

F5 Tornado damage in Parkersburg, Iowa, May 25, 2008. Tornado damage, Windsor, Colo. Prior to 1990, the average number of tornadoes per year in the Continental US was 772. In the period from 1990 through 2007, the average was 1,215. …

Business Moves

Allied World, Darwin Professional Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers specialty and primary professional lines coverages, which include health care professional liability and niche errors and omissions. Darwin also …

People

W.R. Berkley Corp. named William M. Rohde Jr. president of Acadia Insurance Co., succeeding Bill Thornton, who now is chairman of Berkley Regional Specialty Insurance Co. Walter E. Stradley remains president of Berkley Regional Specialty. Acadia is a commercial property …

New Markets

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. Builders Risk and Affiliated Exposures Market Detail: Atlantic Risk Specialists (www.arspecialists.com) brings builders …

Rhode Island, Town Reach $20M Deal in Club Fire Suits

The state of Rhode Island and the town of West Warwick have each agreed to pay $10 million to those left behind after a nightclub fire that killed 100 people, according to court documents filed Monday. The latest settlement offers …