January 8, 2009
With 30 million drivers in the U.S. aged 65 and over, the public counts on older Americans to recognize when they can no longer drive safely and decide that it’s time to stay off the road. A new study finds …
January 6, 2009
Nine states have reached a $7 million settlement with New York-based insurance broker Marsh, Inc., Marsh & McLennan Companies, Inc., resolving a four-year investigation into Marsh’s role in a nationwide bid rigging scheme. Marsh allegedly made collusive arrangements whereby brokers …
January 6, 2009
A settlement has been reached in a fatal crash in Westmore that killed two teenagers five years ago and pitted the parents of the driver and the teens against each other. The settlement amount was not disclosed in federal court …
December 24, 2008
A new study funded by U.S. National Institute for Occupational Safety and Health says that foreign-born workers reported a lower rate of non-fatal work-related injuries than U.S.-born workers, based on data collected from the National Health Interview Survey from 1997 …
December 21, 2008
West California Passed Agent-Broker Law The most notable bill affecting California agents was AB 2956, which clarifies the duties of an insurance agent versus a broker. Prior to the new law, confusion existed within the industry, with consumers, brokers, agents, …
December 21, 2008
Transactions involving agencies and brokerages other than the Brown & Brown, Arthur J. Gallagher and Hub International (see below) deals in the months announced or completed: January California: R.E. Chaix & Associates Buys Katie Freeman Insurance Services Georgia’s Britt/Paulk Insurance …
December 21, 2008
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. Baby Products MarketScout: www.marketscout.com gives agents access to a products liability market for baby products. …
December 19, 2008
BB&T Insurance Services, the nation’s sixth largest insurance broker, reports it plans to acquire J. Rolfe Davis Insurance of Maitland, Fla. Founded in 1942 by former Orlando mayor J. Rolfe Davis, the privately-held broker is ranked among the nation’s top …
December 19, 2008
A Vermont jury has awarded a former altar boy nearly $3.6 million because the Roman Catholic Diocese of Burlington didn’t protect him from an abusive priest in the 1970s. The Chittenden County Superior Court jury returned the verdict against the …
December 17, 2008
The Federal Mine Safety and Health Review Commission is scheduled next month to hear Tri-Star Mining’s appeal of three citations and $180,000 in fines that were imposed after two workers were killed at the Barton strip mine site. Fifty-one-year-old Dale …