Phoning while driving and texting behind the wheel are in the news. This is the highway safety issue of the moment, the subject of cartoons and, on a more serious side, the focus of legislation. A key question is whether …
The catastrophe bond market is poised for an active fourth quarter in 2009, according to a new report. The report by Guy Carpenter & Co., LLC, and GC Securities, a division of MMC Securities Corp. concludes that a number of …
Two North Carolina companies have filed a complaint in federal court aimed at removing them from liability in the deaths of two women killed in a parasailing crash. The Sun News of Myrtle Beach, S.C. reported that the complaint by …
Kirby Dibb has joined independent insurance brokerage TriSure in Raleigh, N.C., as client services manager for safety and risk management. In her new capacity, Dibb is responsible for the design, training and monitoring of client Web-based tools available through TriSure …
Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly even rapists. They got their producer licenses in states …
Charlotte, N.C.-based specialty insurance broker AmWINS Group, Inc. has named Ben Francavilla as president of AmWINS Program Underwriters (APU). In this role, Francavilla will be responsible for the day-to-day operations of APU, a managing general agency specializing in affinity and …
California Insurance Commissioner Steve Poizner announced today that Golden State Mutual Life Insurance Company has been served an order of conservation and will discontinue selling new policies immediately. “My first duty is to protect policyholders,” said Commissioner Poizner. “For some …
Hartford Financial Services Group Inc. named a former Bank of America Corp. executive to be its new CEO, and he already has plans to introduce enhanced risk management after record losses at the 199-year-old insurer. Liam McGee, former head of …
The Florida Workers’ Compensation Insurance Guaranty Association announces its newly elected / re-elected board of directors. Terms begin Oct. 1, 2009 and run through Sept. 30, 2013. Heading the FWCIGA board is Tom Stahl who has served as cairman of …
According to the arrest warrants, a Holly Springs, North Carolina man lied to his insurance companies and claimed a total of $33,971.91 in fraudulent lightning damage. Insurance Commissioner Wayne Goodwin reported the arrest of Earl Harvey Scott, who allegedly claimed …
