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12, 2015
Mass. Lawmakers Weigh 2-Tiered Driver’s License Identification System
Among the many issues that Massachusetts lawmakers may deal with after returning from recess in January is whether to bring the state into compliance with REAL ID, a federal program that sets new requirements for driver’s licenses and other identification …
18
12, 2015
Bates Joins Burns & Wilcox Special Risk Division
Laura Bates has rejoined Burns & Wilcox as associate vice president, Special Risk Division. Bates, former vice president, Underwriting of Canopius U.S., assumes responsibility for several of the organization’s specialty underwriting units. Burns & Wilcox is the flagship operation of …
17
12, 2015
North Dakota Insurance Commissioner to Step Down
North Dakota Insurance Commissioner Adam Hamm is stepping down. Hamm tells The Associated Press he will not seek re-election in 2016. Hamm says he has not decided what he will do in the future. The 44-year-old Republican was appointed insurance …
18
12, 2015
ACE Westchester Enhances Product Recall Insurance Offerings
ACE Group has launched a series of policy enhancements to its ACE Recall Plus and ACE Recall Plus for Small Business coverage. The new policy terms include: Coverage for voluntary, involuntary, and mandatory stock recoveries, market withdrawals, and/or recalls Limits as …
17
12, 2015
Massachusetts Rejects Mapfre’s Ice-Dam Deductible Request
The Massachusetts Division of Insurance recently denied a request by Mapfre USA Corp. to add an ice-dam deductible to some homeowners policyholders who previously had multiple ice-dam claims. Mapfre USA Corp., the largest commercial home insurer in Massachusetts, had asked …
18
12, 2015
Liberty Mutual Creates New Public Entity Division, Hires Kostro to Lead
Liberty Mutual Insurance has created a new practice dedicated to schools, municipalities and other public entities, and has appointed Susan L. Kostro as chief underwriting officer, Public Entity. Kostro will be responsible for growing Liberty Mutual’s book of education and …
16
12, 2015
IICF Northeast Benefit Dinner Raises $1.26M for Regional Charities
The Insurance Industry Charitable Foundation’s (IICF) 9th annual Northeast Benefit Dinner, held on Dec. 9 at New York City’s Waldorf Astoria Hotel, raised more than $1.26 million for regional charities. More than 900 insurance professionals attended the annual event, which …
18
12, 2015
Zeman Elected as Chair of Texas Insurance Trade Group
Allstate Regional Counsel Robert Zeman has been elected to serve as chairman of the board of directors of the Insurance Council of Texas (ICT). Zeman was elected a the board’s December meeting; his term begins Jan. 1, 2016. Zeman has …
17
12, 2015
McCarty Receives ‘Insurance Man of the Year’ Award from LAAIA
Florida Insurance Commissioner Kevin M. McCarty was presented with the Latin American Association of Insurance Agencies (LAAIA) “Insurance Man of the Year” Award on Dec. 4. According to the Florida Office of Insurance Regulation (OIR), the award was presented to …
18
12, 2015
Zeman Elected as Chair of Texas Insurance Trade Group
Allstate Regional Counsel Robert Zeman has been elected to serve as chairman of the board of directors of the Insurance Council of Texas (ICT). Zeman was elected a the board’s December meeting; his term begins Jan. 1, 2016. Zeman has …