Terrorism News

S.D. Aerostar Drops Air Balloon Line Due to Liability Costs, Popularity Decline

Sioux, S.D.-based Aerostar International Inc., a subsidiary of Sioux Falls-based Raven Industries Inc., is getting out of the hot air balloon market. A gradual decline in the popularity of the recreational activity and rising liability insurance costs have made the …

Congressional hearing held on terrorism and insurance

Agents, risk managers and insurers press Congress for long-term TRIA solution Two U.S. House subcommittees–the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security Subcommittee on Intelligence, Information Sharing, and Terrorism Risk Assessment–held a hearing late …

Growth in retail shopping centers a boon for insurance brokers

When the going gets tough, the tough go … shopping! Judging by the 18 percent increase in the development of retail shopping centers in the United States in 2005 over 2004, that tongue-in-cheek adage has more than a little bit …

Is the U.S. prepared for a cyber catastrophe? Business executives say, ‘no’

News Currents Testifying before a Senate Homeland Security and Government Affairs Subcommittee, Karl Brondell of State Farm Insurance Companies warned that the U.S. is not adequately prepared for a cyber catastrophe. The insurance executive outlined what a recent Business Roundtable …

People and Places

The Insurance Information Institute has elected Dr. Robert P. Hartwig to president; promoted Dr. L. James Valverde Jr. to vice president of Economics and Risk Management; and announced the retirement of Gordon Stewart, president, after 15 years with III. Hartwig, …

For Empire State, there’s no escaping national issues

Few state insurance commissioners have spoken out on national issues as frequently as New York Superintendent of Insurance Howard Mills. In this interview with Insurance Journal’s Andrew Simpson conducted at the recent meeting of the National Association of Insurance Commissioners, …

People and Places

Dallas-based McQueary Henry Bowles Troy LLP named Kyle Moss a partner in the firm. Moss, previously employee benefits director in MHBT’s Dallas office, is responsible for the production and servicing of MHBT’s group benefits clients. Moss’ experience dates back to …

People and Places

The Insurance Information Institute has promoted Dr. Robert P. Hartwig to president; named Dr. L. James Valverde Jr. as vice president of Economics and Risk Management; and announced the retirement of Gordon Stewart, president. Hartwig, currently senior vice president and …

People and Places

FleetRisk Advisors appointed David C. Wagner president and chief operating officer. Wagner previously worked at FleetRisk Advisors from 2004 to 2005 as senior vice president, field operations. Wagner possesses more than 20 years experience in the technology industry. ReSource Pro …

People Dallas-based McQueary Henry Bowles Troy LLP named Kyle Moss a partner in the firm. Moss, previously employee benefits director in MHBT’s Dallas office, is responsible for the production and servicing of MHBT’s group benefits clients. Moss’ experience dates back …