December 20, 2010
Diverse Ownership “Many new agencies are forming, typically with a more diverse and younger leadership, demonstrating the strength of the independent agency system and the potential for growth.” —Robert Rusbuldt, president and CEO, for the Independent Insurance Agents & Brokers …
December 20, 2010
Attorneys for 20 states fighting the new federal health care law told a judge last week it will expand the government’s powers in dangerous and unintended ways. The states want U.S. District Judge Roger Vinson to issue a summary judgment …
December 20, 2010
Ryan Specialty Group, Oakbridge R-T Specialty LLC, the wholesale brokerage unit of Ryan Specialty Group LLC, acquired Bloomfield, Conn.-based Oakbridge Insurance Services LLC, an insurance intermediary focused exclusively on executive and professional liability exposures and insurance solutions. Terms were not …
December 20, 2010
Police say a suspect is in custody after a third fire in one week damaged a Super 8 motel in Virginia. Hanover fire Battalion Chief William Jones tells the Richmond Times-Dispatch that the third fire was reported just after 1 …
December 20, 2010
Insurance broker Marsh appointed Peter Mavraganis as U.S. leader of its renewable energy practice. Mavraganis, based in New York, will oversee Marsh’s support for its clients in renewable energy development, including solar, wind, biomass, and biofuel energy projects. He has …
December 17, 2010
The courts may not get the last word after all on President Barack Obama’s historic health care overhaul. A Virginia federal judge ruled this week that the law’s key requirement for individuals to carry health insurance is unconstitutional. But even …
December 16, 2010
Markel Ventures, the investment arm of Virginia-based specialty insurer Markel, has acquired a majority interest in RD Holdings, a private company headquartered in Virginia that provides retail intelligence services. Terms of the deal were not disclosed. Markel Ventures owns and …
December 16, 2010
Madison, Wis., is the most secure U.S. community among large metropolitan areas (population of 500,000 or greater) according to the seventh annual Most Secure U.S. Places to Live rankings from Farmers Insurance Group of Companies. Olympia, Wash., is the most …
December 14, 2010
Outgoing Massey Energy executive Don Blankenship is refusing to testify as planned next week about the explosion at the Upper Big Branch mine, state mine safety officials said. Deputy Director Eugene White said the Office of Miners’ Health Safety and …
December 14, 2010
The Justice Department said Tuesday it intends to appeal to a U.S. appeals court a ruling by a judge in Virginia declaring a key part of President Barack Obama’s landmark healthcare law unconstitutional. Department spokeswoman Tracy Schmaler said the Virginia …