State Compensation Insurance Fund will collect $800,000 in restitution from two former owners of a San Diego County-based construction company. This award followed their guilty plea on felony workers’ compensation insurance fraud and tax evasion charges in San Diego County …
The Association of Trial Lawyers of America (ATLA) announced it has demanded a retraction and an apology from American Insurance Group CEO Maurice “Hank” Greenberg for calling them “terrorist trial lawyers” in a speech in Boston speech of Feb. 24, …
American Wholesale Insurance Group, the nation’s largest independent wholesale insurance broker, announces the formation of a new wholesale brokerage operation in San Francisco, California to be led by Roger Scullion. “The opening of the San Francisco brokerage operation reflects the …
Acordia RE announced today that Robert F. McGarry has joined the organization as Senior Vice President. Mr. McGarry is responsible for reinsurance production and management of the Dallas, Texas office of Acordia RE. Most recently, Mr. McGarry was with JLT …
American Financial Services Now AFS/IBEX||Dallas-based premium financing company, American Financial Services Inc., announced a name change. The company now calls itself AFS/IBEX Financial Services Inc. The firm’s California subsidiary is also changing its name from IBEX Financial Services Inc. to …
Auto insurers are now able to receive accurate, comprehensive Vehicle-Registration Reports on their policyholders from Insurance Services Office, Inc.’s (ISO) A-PLUS – unit, making it easy to assess auto risks before underwriting them. The user-friendly A-PLUS system instantaneously retrieves reports …
Acordia, Inc. announced today that Renita Wolf is the new Vice President, Regional Controller for Acordia’s Central Region. Wolf is responsible for business planning, reporting, accounting and financial statements. She will be working from the company’s Colorado Springs office. Most …
Ascent Assurance, Inc. (AASR.OB) today reported net income, excluding preferred stock dividends recorded as interest expense, of $66,000 for the fourth quarter of 2003 as compared to a net loss of ($758,000) for the fourth quarter of 2002. For the …
Salil Donde immediately assumes the new role of president, AMS-Rackley, reporting directly to Euan Menzies, CEO, AMS Group. AMS acquired Rackley Systems in October 2003 to allow delivery of their innovative rating products and services to AMS customers and the …
Acordia RE announced today that Jason Witthun has joined the organization as an Account Executive in Lawrenceville, N.J. Most recently, Witthun worked for American E&S, Acordia’s excess and surplus lines division, based in the Florida office where his focus was …
