The Nasdaq Stock Market Inc. has entered into a definitive agreement to acquire Carpenter Moore Insurance Services Inc. (“Carpenter Moore”), a privately held, San Francisco-based insurance brokerage firm specializing in management liability. As a result of this transaction, NASDAQ’s insurance …
InsurBanc, the financial services provider to independent insurance agents, has named David W. Tralka as the its new president and chief executive officer. Tralka is replacing Michael Herlihy, who served as president since the bank’s founding in 2001. Herlihy left …
Massachusetts insurance agents are taking the call to aid victims of hurricane Katrina seriously. The Massachusetts Association of Insurance Agents is sending a $20,000 check to the Big ‘I’ Katrina Relief Fund established just last week by its national organization, …
The National Association of Mutual Insurance Companies has told a Hawaii legislative committee that passing rate modernization laws would benefit state commerce and insurance consumers. According to NAMIC State Affairs Manager Christian John Rataj, rate modernization would: Promote greater market …
The long working hours culture drives up the risk of workplace injury and illness, reveals a study by occupational medicine researchers, who also conclude that the risk has nothing to do with how hazardous the job is. After adjusting for …
Robert G. Whitlock Harleysville Group Inc. has appointed Robert G. Whitlock Jr. as senior vice president and chief underwriting officer. He will assume senior management responsibility for Harleysville’s commercial lines and personal lines underwriting operations, along with its reinsurance organization. …
As the wheel that sets 2006 auto insurance rates in Massachusetts begins spinning, there is no doubt it will be pointing at a negative number when it comes to rest in about two months. The real mystery is just how …
Nuts & Bolts: Insurance Company of the West will offer admitted stand-alone property terrorism coverage for most states around the country. Additional states, including New York, New Jersey, Vermont, Connecticut, Delaware, Maine, Massachusetts, New Hampshire and the District of Columbia …
As the wheel that sets 2006 auto insurance rates in Massachusetts begins spinning, there is no doubt it will be pointing at a negative number when it comes to rest in about two months. The real mystery is just how …
Federal prosecutors are investigating the conduct that led to the firing of former MassMutual Insurance Comany chief executive Robert J. O’Connell, the company disclosed in court documents. The company acknowledged the federal probe as part of a complaint, filed in …
