A jury has awarded $52.5 million to a Roseville, Minn., construction company that sued its Boston-based insurer for failing to defend it against hundreds of personal injury and wrongful death claims tied to asbestos exposure. “The big message is you …
A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may be one of the last of its kind. Inserted among the thousands of road projects …
A jury has awarded $52.5 million to a Roseville, Minn., construction company that sued its Boston-based insurer for failing to defend it against hundreds of personal injury and wrongful death claims tied to asbestos exposure. “The big message is you …
A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may be one of the last of its kind. Inserted among the thousands of road projects …
MISSOURI Insurer to Pay $8 Million: State Farm Insurance has been ordered to pay more than $8 million to a tow truck driver and his sister-in-law who were acquitted of insurance fraud after being accused of faking the theft of …
William Granato Brandon Hickey Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire on Dec. 31, 2005. Carmichael joined Ohio Casualty …
Wells Fargo & Company (WFC) has named Peter Wissinger to head Acordia Inc., the Chicago-based Wells Fargo company which is the nation’s fifth largest insurance broker. Wissinger, a 20-year Wells Fargo veteran, will succeed Kevin Conboy, who will retire from …
ProAssurance Corporation and Physicians Insurance Company of Wisconsin, Inc. have agreed to merge PIC Wisconsin into ProAssurance through a proposed stock-for-stock transaction. The medical malpractice insurance companies said that the merger will expand ProAssurance’s presence in the upper Midwest and …
St. Paul Travelers announced today that more than 800 members of the Independent Community Bankers of America (ICBA) will share a $2,245,526 dividend, the second largest dividend to be awarded to those participating in the ICBA/St. Paul Travelers Insurance Program. …
A strategic relationship has been entered into between Beecher Carlson, an Atlanta-based brokerage and risk management consulting company, and Colemont Insurance Brokers, a wholesale specialty insurance broker with headquarters in Dallas. Steve Denton, Beecher Carlson’s executive managing director, said the …
