Atlanta-based commercial insurance brokerage and consulting firm Beecher Carlson has appointed Kevin Grady as managing director based in its Nashville, Tenn., office. Grady, who has 20 years of experience in analytics, will focus on the management of Beecher Carlson’s ZOOM …
More than 3,400 Americans will be injured or killed by a defective Chrysler or General Motors vehicle during the first year of the car makers’ bankruptcies, according to a report by a consumer safety advocacy group. The report predicts that …
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Plymouth Rock Assurance Group (PRAC), which includes the operations of Plymouth Rock Assurance …
A provision that would release future owners of General Motors for product liability on cars sold prior to the company’s bankruptcy is being challenged by the attorneys general of eight states. GM’s bankruptcy filing, now working its way through a …
New Jersey-based MSO Inc. (The Mutual Service Office Inc.) is now offering its personal lines programs in Ohio. Personal lines programs include homeowners, mobile homeowners, combination dwelling, inland marine and umbrella liability. The company said the offerings complement the MSO …
William A. Catto has been elected chief operating officer of the Vermont Mutual Insurance Group. Catto also serves as executive vice president of both the Vermont Mutual and Northern Security Insurance Cos. and president of the Granite Mutual Insurance Co. …
Philadelphia-Based Insurance Attorney Finds Rulings to be ‘Very Insurer-Friendly’ The Supreme Court almost never takes up insurance related cases. Even so, President Obama’s recent Supreme Court nominee— federal appeals Judge Sonia Sotomayor — brings a long record of decisions favoring …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Contractors General Liability Market Detail: London American Risk Specialists Inc. brings agents a commercial general …
Massachusetts-based medical liability insurance company Medical Professional Mutual Insurance Co., known as ProMutual, will acquire medical liability insurer and risk management company FinCor and its subsidiaries. ProMutual, a member of ProMutual Group, said it is is acquiring Lansing, Michigan, based …
The Vermont Chapter of the Chartered Property Casualty Underwriters Society (CPCU) recently elected new officers. Laura Backus Hall, State Relations Executive for NCCI, will continue on for a second term in the role of chapter president. Other newly elected chapter …
