February 2, 2010
The slayings last year of six law enforcement officers, as well as several workplace suicides, caused deaths due to workplace violence to spike upward in Washington State, the Department of Labor & Industries (L&I) announced. There were 13 on-the-job homicides …
February 1, 2010
Insurance Brokers and Agents of the West (IBA West) has disbanded its Pacific Northwest Chapter and joined forces with the Independent Insurance Agents and Brokers of Washington (Big “I” Washington). According to IBA West, “in light of continuing fiscal and …
February 1, 2010
North Dakota Rep. Earl Pomeroy, who has been mentioned as a potential president of a Washington organization that represents life insurance companies, said he would not accept the position. “If they offered me the job, I would decline. I am …
February 1, 2010
Torus has appointed Carl Groth as Group Chief Risk Officer with immediate effect. He is based in New Jersey and reports to Chief Executive Clive Tobin. “Groth will drive the development of a comprehensive and integrated enterprise risk management program …
February 1, 2010
New York-based Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, has acquired Puget Sound, Ore.-based Vern Fonk Insurance Services Inc. Vern Fonk serves Washington and Oregon. The acquisition broadens Confie Seguros’ presence and is …
January 28, 2010
U.S. lawmakers challenged Treasury Secretary Timothy Geithner’s credibility on Wednesday after he said he was not involved in a decision by bailed-out insurer AIG to withhold details about $62 billion paid to banks. Geithner held his ground at a hearing, …
January 27, 2010
U.S. Treasury Secretary Timothy Geithner flatly denied any role in counseling American International Group Inc. to keep quiet about payments it made to leading banks during a 2008 rescue of the stricken insurer. Geithner faces a grilling on Wednesday before …
January 27, 2010
Arthur D. Perschetz has joined Baker & Daniels as counsel in the law firm’s insurance and financial services group. He will also serve as a senior adviser with B&D Consulting, an advisory and advocacy division of Baker & Daniels. Perschetz …
January 26, 2010
Tapco Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA specializing in high-volume, transaction-based excess and surplus insurance lines, is opening an underwriting service center in Dallas, Texas. Tapco veteran Ellen McBride will manage the Dallas office. McBride has more than 25 …
January 25, 2010
A politically active construction-industry group wants voters to decide whether Washington’s workers’ compensation system should face private competition, a move opposed by organized labor and top Democratic lawmakers. The Building Industry Association of Washington has filed paperwork for an initiative …