Archive for June 2016

By Young Ha AmTrust Financial Services Inc. announced that it has acquired Total Program Management LLC in Ronkonkoma, New York, for cash. Terms of the transaction were not disclosed. Founded in 2005, Total Program Management is a managing general agency focused on programs … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson W.R. Berkley Corp., the Greenwich, Connecticut-based commercial insurer, named former Morgan Stanley investment banker Jared Abbey as senior vice president for corporate strategy and development. Abbey previously worked as a banker focusing on mergers and acquisitions, corporate restructurings and capital-raising … Read More Read more here:: Insurance Journal       

A preliminary storm survey determined a tornado that hit the east-central Montana town of Baker last weekend reached the EF-3 level, matching the strongest tornadoes ever recorded in the state, the National Weather Service said. The tornado was on the … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson W. R. Berkley Corp. has appointed David A. Dunn as president and chief executive officer of its trucking insurance specialist, Carolina Casualty. Dunn has 40 years of experience in the property/casualty insurance industry, principally in the specialty transportation segment. Most … Read More Read more here:: Insurance Journal       

A study of air pollution from western Colorado fracking wells found the highest rate of emissions came just after fracking was completed. The research released this week didn’t measure the effects on human health, but it will help state officials devise … Read More Read more here:: Insurance Journal       

By Don Jergler A former top western New Mexico county official fired after her third drunken driving arrest just two days into her new job has filed a lawsuit. An attorney for former interim Cibola County manager Rheganne (RAY’-gun) Vaughn says in court … Read More Read more here:: Insurance Journal       

By Young Ha The Blue Ridge mountain hamlet of Buena Vista, Virginia, is in danger of having its City Hall, police headquarters and municipal golf course seized for defaulting on its debt. The city, with 6,600 residents, has failed for more than a … Read More Read more here:: Insurance Journal       

The Small Business Investor Alliance is throwing its support for behind a bill to reauthorize and amend the California Organized Investment Network program. Assembly Bill 2728 will reauthorize COIN and ensure that insurance companies in California continue to provide capital … Read More Read more here:: Insurance Journal       

The Montana Supreme Court says a man who was convicted of stealing $26,500 in cash and merchandise from his employer must pay full restitution, even if the store’s losses were mostly covered by insurance. John Creswell Dovey appealed District Judge … Read More Read more here:: Insurance Journal