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Columbus, Ohio-based State Automobile Mutual Insurance Company and State Auto Property & Casualty Insurance Company has named new managers in various divisions. Robert (Bob) A. Bachtell is claims manager for State Auto’s Ohio region. Bachtell joined Midwest Security Insurance Company …

Illinois-based Associated Agencies Announces New Hires

Associated Agencies Inc., a full-service insurance brokerage firm based in Rolling Meadows, Ill., reports that the company is growing and that it recently added a number of new staff members. Craig A. Kanter has been hired as Producer Development director. …

Florida Insurance Requirement One of Many Issues for Midwives

This central Florida office feels more like a home than a maternity ward, with portraits of glowing mothers-to-be proudly displayed on the walls leading to the “suites.” The Van Gogh room has a nighttime feel, with a dark blue couch …

Marsh Sees Credit Crunch ‘Hardening’ Rates, ‘But Not Just Yet’

According to a recently released report from Marsh, “insurance rates across most lines of business in the Europe, Middle East and Africa (EMEA) region continued to soften in the first half of 2008.” However, “the report also identified trends being …

Ferocious Hurricane Ike in Gulf of Mexico, Headed for Texas

Hurricane Ike gathered strength as it churned through the Gulf of Mexico’s warm waters Thursday on a track that would skirt the heart of the U.S. offshore oil patch before slamming into the Texas coast late Friday or early Saturday. …

U.S. Offers Political Risk Insurance for Investments in Palestinian Economy

A U.S. government agency signed a political risk insurance deal with a Palestinian firm Thursday to help guarantee investments in the West Bank as part of an international effort to develop the beleaguered local economy. The measure is meant to …

Caribbean Storm Waves Threaten Islands

An Atlantic storm threatened to pummel Puerto Rico and other islands with waves as high as 30 feet (9 meters) beginning late Wednesday, forcing tourists and other Holy Week vacationers to seek alternatives to the beach. The storm spawned tornadoes …

Mass. Medical Society Pushes for Tort Reforms to Curb Insurance Costs

Massachusetts medical professionals are calling for reforms to the state’s medical liability system that they say will protect physicians from more lawsuits and help control insurance costs. To support their call, the physicians are citing a new report that terms …

IISS Sees Increasing Terrorist Threats

While global warming may ultimately prove to be the biggest crisis the world’s people have ever faced, it’s not as immediate a threat as that posed by global terrorism. After Sept. 11 and the Madrid and London bombings, anyone who …

Fraud Roundup

Everett man gets three years for arson A man who admitted torching a friend’s grocery store in Everett, Wash., in a plan by the two to collect insurance has been sentenced to three years in prison. Naveed Khan, 25, of …