Business Moves
Marsh & McLennan, Kroll, Altegrity Marsh & McLennan Cos Inc. agreed to sell investigations unit Kroll to a firm led by former Marsh CEO Michael Cherkasky for less than the insurance broker paid for Kroll six years ago. MMC plans …
Latin Agents Group Launches in New York
Country Sees Growing Power of Hispanic Agents and Customers A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast. Elmer Rivera, …
Latin Agent Groups Growing, Starting Up, Going ‘Mainstream’
Florida Group Stresses Educational Offerings, Serving Non-Latin Agents Following the success of agents in Florida and California, a group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve …
TWG Insurance Makes Executive Promotions
Mark E. Jones, chairman, president and CEO of TWG Insurance, an independent agency headquartered in Colleyville, Texas, has announced the following promotions: Gary Delavan has been promoted to director and has become a limited partner of the firm. Michael Colby, …
May 7- 8 Northern Ohio Storms Losses Top $31M
A series of storms on May 7 and 8 centered across the top half of the state caused at least $31.4 million in damages, according to preliminary insured loss estimates released by the Ohio Insurance Institute (OII). Thunderstorms produced hail, …
New Jersey Agents’ Group Elects New President
The Professional Insurance Agents of New Jersey elected Donna M. Cunningham as the trade group’s president. Cunningham has served as vice president, secretary and treasurer for the group. She is also president of ADP/Statewide Insurance Agencies Inc. in Cedar Knolls. …
Latin Agents Group Launched in New York
A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast. Elmer Rivera, New York branch manager for Jimcor Agencies and founder …
Possibility of BP Bankruptcy Due to Oil Claims Seen Remote For Now
The chances of BP declaring bankruptcy to deal with oil-spill claims are remote for now, bankruptcy professionals said, although that option would be open to the company if liabilities became overwhelming — and that very much depends on when the …
BP’s U.S. Shares Plunge on Oil Spill Liability Fears
BP Plc shares tumbled nearly 16 percent on U.S. exchanges to a 14-year low Wednesday on rising fears about how the wounded company will cope with the massive costs of the Gulf of Mexico oil disaster. The stock has now …
Chemical BPA Used In Most Food Can Linings Raises Concerns
Yolande Sprague could be forgiven for feeling virtuous. Four years ago, just after giving birth to her second child, the Dover, new Hampshire stay-at-home mom heard about BPA, a chemical inside some plastics that can leach into water or food …
