Archive for October 2015

Maritime Insurance, LLC and Port City Holdings, LLC dba KSA Marine Insurance, both of Charleston, S.C., have joined to create a new entity, Maritime Insurance International. The new company combines the agencies’ experience in the marine insurance industry while expanding … Read More Read more here:: Insurance Journal       

Partners Insurance Group LLC has hired Bernard J. McDonald V as a licensed broker and producer. McDonald is responsible for developing new business and creating customer relationships. He provides and services insurance products for personal and business clients. Based in … Read More Read more here:: Insurance Journal       

Marsh has enhanced its Side A directors & officers (D&O) difference in conditions (DIC) cover Marsh Alpha in response to the new and emerging legal and regulatory risks facing directors and officers. The enhanced coverage now includes broad investigation cover, … Read More Read more here:: Insurance Journal       

An Illinois judge has dismissed the nation’s first class-action concussions lawsuit against a prep sports governing body, saying the Illinois High School Association has taken steps to make football safer and that imposing costly requirements could force some schools to … Read More Read more here:: Insurance Journal       

Selective Insurance Group in Branchville, New Jersey, reported $47.0 million net income for its 2015 third quarter, down 12 percent from $53.2 million net income reported a year earlier. The third-quarter operating income, which excludes realized gains and losses on … Read More Read more here:: Insurance Journal       

The U.S. Small Business Administration is offering low-interest disaster loans to Washington businesses, nonprofits and residents affected by the wildfires. The federal agency has declared its own disaster declaration to make the loans available in Chelan, Douglas, Ferry, Grant, King, … Read More Read more here:: Insurance Journal       

An Oregon sheriff’s deputy has filed a lawsuit against the Elmer’s restaurant chain, claiming he was told to prepay for his meal at a Vancouver, Ore. establishment because he is black. KGW-TV reported Brian Eason, in a suit filed earlier … Read More Read more here:: Insurance Journal       

A jury decided this week that two utility companies hold most of the liability in one of the largest wildfires in New Mexico’s recorded history. Jurors gave their verdict in Bernalillo following a weekslong trial that centered on whether Jemez … Read More Read more here:: Insurance Journal       

A homeowner at the Four Seasons Resort Hualalai in Hawaii is suing the resort and its developers, alleging he and others have been subjected to an unfair raise in prices and overcrowded facilities. The suit filed by Christopher Zyda seeks … Read More Read more here:: Insurance Journal