August 11, 2005
Geo. F. Brown & Sons, Inc. (GFB) has reached an exclusive agreement with the AM Best “A”-rated carriers of the RSUI Group Inc. to expand its Illinois liquor liability program to a multi-state program. The program is now available in …
August 3, 2005
Cypress Benefit Administrators, an Appleton, Wisc.-based third-party insurance administrator, has purchased H.E.P. Admistrators of Oconomowoc. Terms of the sale were not disclosed. Customers of H.E.P. in Wisconsin, Illinois and Iowa will have more product and technology options, Cypress said. Cypress …
August 3, 2005
Bermuda-based Endurance Specialty Holdings Ltd., a provider of property and casualty insurance and reinsurance, announced the appointment of Therese Vaughan to its Board of Directors. Dr. Vaughan became the Robb B. Kelley Distinguished Professor of Insurance and Actuarial Science at …
August 3, 2005
Lawley Service Inc., one of the Northeast’s largest insurance firms, has joined RiskProNet International Inc., a network of 28 major independent brokers across the United States and Canada. The Buffalo, N.Y.-based agency was founded here in 1945 by Ray and …
July 29, 2005
Charlotte, N.C.-based Royal & Sun Alliance has agreed to sell Viking Insurance, its specialty U.S. non-standard auto business to Sentry Insurance, of Stevens Point, Wisc. for $200 million in cash. The purchase is subject to regulatory approval. Viking wrote direct …
July 27, 2005
The Republican Party of Virginia is suing its liability insurance carrier, seeking nearly $1 million in reimbursement for the GOP’s payout to settle a lawsuit over the eavesdropping scandal and attorneys’ fees the insurer refused to cover. The state GOP …
July 18, 2005
The automobiles of repeat drunk drivers would carry special license plate numbers under a bill under consideration by lawmakers. The license numbers or letters–the specific code hasn’t been determined–would allow police to quickly identify motorists convicted of driving while intoxicated. …
July 18, 2005
Wooddale Builders vs. Maryland Casualty Co. (Minnestoa Court of Appeals, May 3, 2005) —Ruling: Appropriate end date for time-on-the-risk allocation is date of remediation.House builder brought action against commercial general liability insurer for declaratory judgment on coverage for mold in …
July 18, 2005
New Program Teaches a Consultative Approach to Insurance Sales Beginning this week, 15 insurance agents are returning to Normal, Ill., to do an unusual thing in the world of insurance training: talk with each other about what’s worked and what …
July 18, 2005
Banyan Lakes, a condominium developer in Boca Raton, Fla., an area well known for upscale housing, has banned condo owners from placing hurricane shutters outside their windows, residents can put them inside the windows if they are not visible to …