Ron Wright, who has served as president and chief executive officer of Texas Mutual Insurance Co. since 2009, has announced that he will retire. The company’s board of directors announced that his successor will be Richard J. Gergasko, an insurance …
Joseph L. Petrelli, president and founder of Demotech, Inc. has been named an alternate on the American Society of Workers Comp Professionals Board of Directors (AMCOMP). The board of directors acts as an insurance information resource for issues that arise …
A 66-year-old central New York man has been sentenced to 21/2 years in federal prison and ordered to pay more than $1.4 million for staging a car crash to collect insurance. The U.S. Attorney’s Office in Syracuse says Joseph Dellerba …
San Diego, CA, 02/06/13 – American Claims Management, Inc. (ACM), a national third party administrator, is now handling claims for the Construction Package Program from SPARTA Insurance Company. The program is an extension of the current Commercial Program offered by …
Agents’ errors and omissions (E&O) policies provide protection for agents for certain negligent acts committed in their professional capacity but may exclude coverage for liability related to an insurer’s insolvency. These “insolvency exclusions” typically exclude coverage if the agent places …
A federal indictment accuses two men of falsifying the weight and takeoff power of a helicopter that crashed in Northern California more than four years ago, killing nine people. The 25-page indictment released Monday by the U.S. Attorney’s Office in …
The drought that plagued the Midwest last summer sparked enough grass fires in South Dakota to make 2012 the busiest year the Yankton Fire Department has seen in more than a decade. The total number of calls for the year …
Esther Tauscher stood outside her Staten Island home, leafing through boxes of family photos that had been steeped in storm water. She paused to point out life events – her honeymoon, holding her baby boy in a hospital bed. The …
The federal Department of Transportation is releasing $2 billion in emergency aid for transit systems affected by Superstorm Sandy. The funds released Monday are the first installment of a $10.9 billion appropriation for transit systems signed by President Obama last …
Officials in Cumberland, Md., say they’re removing or pruning more than 50 trees that have either been damaged by storms or are at risk of toppling over. Paul Eriksson, a natural resource specialist with the city, tells The Times-News that …