A Federal Court judge in Sacramento, Calif., has ruled that Greyhound could be liable for failing to put seatbelts on its buses. In this case, the plaintiffs were eight passengers who were traveling on a Greyhound bus that was involved …
New York-based Starr Indemnity & Liability Co. has made three executive appointments. Jim Vendetti has been named senior vice president & chief underwriting officer. He will oversee building and managing all underwriting units, including property, casualty, financial lines, environmental, crisis …
Upward pressure on property/catastrophe reinsurance rates in the U.S. eased at the July 1, 2009 renewal, as capacity in the market remained sufficient without being abundant, according to a briefing published today by Guy Carpenter & Co., LLC. Consistent with …
California Insurance Commissioner Steve Poizner announced that he will launch an effort to probe insurance company investments for ties to Iran and immediately direct California-based insurance companies to divest any direct holdings in the Iranian government. “State law prohibits California …
Beginning June 30, Columbus, Ohio-based State Auto Insurance Companies will add flood insurance to the list of State Auto coverages available for home, business and farm offered through more than 3,400 independent insurance agencies. The company noted that every property …
Dallas-based Apex Global Partners (AGP) has acquired the Corrigan Jordan Insurance Agency, a privately owned insurance and risk management brokerage also headquartered in Dallas. Corrigan Jordan has been providing corporate clients with multi line insurance and risk management products and …
Beginning in June 2009, Michigan-based Hagerty Insurance, a major provider of provider of collector vehicle insurance, expanded its operations into Canada. “The move will allow Canadian enthusiasts similar insurance products and services as those currently offered in the United States …
Two licensed insurance brokers with offices in the Brownsville, Texas, area have been charged with conspiracy, mail fraud and wire fraud in a multi-million dollar scheme, according to U.S. Attorney Tim Johnson. The U.S. Attorney’s Office for the Southern District …
Burnett & Company Inc., a member company of QBE Insurance Group Limited, has added Diana Gladwell and Devin Lefebvre in its Houston office. The duo will underwrite marine liabilities for U.S.-based companies on behalf of the QBE’s Lloyd’s Syndicate 1036. …
The Group of North American Insurance Enterprises (GNAIE) has joined a new coalition of trade associations, representing all sectors of the economy and areas of the financial services arena, that will engage the Financial Accounting Standards Board (FASB) and the …
