April 19, 2004
Thomas Bradley Schaumburg, Ill.-based commercial lines insurer Zurich North America announced that Thomas Bradley will become chief operating officer of finance and administration and chief financial officer of its North American commercial operations. John McCartney, the current CFO, will retire …
April 19, 2004
InsurBanc, the independent agents’ bank backed by W.R. Berkley Corp. and also owned in part by the Independent Insurance Agents and Brokers of America (IIABA), expects to break even in the second quarter of this year, its third year in …
April 12, 2004
The Maine Supreme Court has upheld the right of an insurer not to renew a homeowners policy for insureds operating at-home day care centers, even though the operators had a separate commercial policies for their businesses. In York Insurance Co. …
April 9, 2004
Governor John E. Baldacci has signed into law legislation to restructure the Maine Workers’ Compensation Board. The goal of the restructuring is to end the gridlock that has increasingly frustrated the board’s ability to carry out its statutory responsibilities. The …
April 6, 2004
Legislation paving the way for a voluntary market assistance plan (MAP) for homeowners insurance, which would be succeeded by a mandatory plan if the volunteer route failed, is close to becoming law in Maine. The proposed MAP would survive for …
April 5, 2004
The Maine Bureau of Insurance has been told to release a confidential report that it had accounting firm Arthur Andersen prepare on the merger of Unum Life Insurance Co. and Provident Co. Inc. in 1999. According to the law firm …
April 5, 2004
Flanked by the presidents of the Maine AFL-CIO and Maine State Chamber of Commerce, Gov. John E. Baldacci unveiled legislation to restructure the Maine Workers’ Compensation Board. The goal of the restructuring is to end the gridlock that has stymied …
April 5, 2004
IIABA Close to Announcing New Nationwide High Risk Homeowners Program Independent agents with coastal properties, there may be a life preserver thrown your way soon. The Independent Insurance Agents and Brokers of America (IIABA) is hoping to close a deal …
April 5, 2004
At first glance, Jeffrey McDaniel does not seem disabled. He is built like a football player, and in his mesh green and gold jersey he looks like one too. A pat on the back reveals his muscled frame, the one …
April 5, 2004
Grace Marrano The Protector Group Insurance Agency of Worcester, Mass., has three new additions to its management staff. Grace H. Marrano is the new employee benefits manager. She is responsible for managing employee benefits account managers, as well as policies …