Monthly Archives: <span>January 2004</span>

Joe Weckerle, Jr. Joins R.E. Chaix & Assoc.

Roger Chaix, president of Irvine, Calif.-based R.E.Chaix & Associates recently hired Joe Weckerle, Jr. to replace recently retired, long-time employee Steve Wessell. Weckerle will be covering the territory and servicing the agents previously assigned to Wessel. Weckerle has been working …

Miss. Notes Fire Protection District Upgrade

Insurance Commissioner George Dale announced that the Mississippi State Rating Bureau has upgraded the public fire protection facilities of the Tippah County Industrial Park Fire Protection District in Tippah County. “Upgraded fire classifications mean better quality fire protection in that …

Regulatory Reform Summit Set for Washington, D.C. Feb. 10-11

Leading figures in financial services will convene for a one-time Regulatory Reform Summit at the Ronald Reagan Building and International Trade Center in Washington, D.C. on Feb. 10-11. Participants can take part in critical discussions with policymakers, industry executives, government …

Auto Insurance, Workers’ Comp Emerge Again as Top Leading Legal Issue Trends

Workers’ compensation and automobile insurance laws accounted for nearly 40 percent of the new property/casualty-related statutes enacted by state legislatures last year, according to the fifth annual analysis of trends in new state insurance legislation published by the National Association …

Sen. Nickles to Address IIABA Insiders’ Luncheon

Sen. Don Nickles (R-Okla.), who is spearheading the fight for common-sense asbestos litigation reform in the Senate, will speak to national leaders of the Independent Insurance Agents & Brokers of America (IIABA) during the association’s annual Insiders’ Luncheon on Capitol …

ACORD’S Board of Directors Names New Posts

David Findley, senior vice president, Travelers Insurance, has been designated the new chair of ACORD’s Board of Directors and Charles “Chuck” McCaig, senior vice president and managing director, Chubb Group of Insurance Companies, has been selected as the new chair-elect. …

Asleep at the Wheel’

According to a Farmers Insurance survey, more than 10 percent of drivers admit to having fallen asleep at the wheel, while more than 20 percent say they have momentarily dozed while driving. The U.S. National Highway Traffic Safety Administration (NHTSA) …

Best Revises St. Paul Review to Developing

A.M. Best Co. has revised the implications of its review of The St. Paul Cos. Inc.’s financial strength and debt ratings from positive to developing. This rating action follows St. Paul’s announcement today that it recorded a $350 million pretax …

Hub Announces New Roles for Key Execs

Chicago-based brokerage Hub International Ltd. announced that several of its senior managers have taken on new responsibilities in a redeployment aimed at accelerated growth. Martin P. Hughes, Hub’s chairman and CEO, said the changes are part of an ongoing effort …

Penn-America Reports 51.9 Percent Increase in Q4 Operating Income

Penn-America Group, Inc. reported record operating income of $4.5 million or $0.30 per share (basic and diluted) for the fourth quarter of 2003, compared with operating income of $2.9 million or $0.24 per share (basic and diluted) for the fourth …