The Alabama Department of Insurance has launched an updated Web site. It remains at the same address, which is http://www.aldoi.gov/. The new site, designed by department webmaster Jelene Hardy, should reportedly provide more helpful information to consumers and industry representatives …
Property and casualty insurers earned $22.9 billion during the first nine months of 2003, representing a $12.1 billion, or 112 percent, increase over the $10.8 billion profit reported during the same period in 2002, according to Weiss Ratings Inc (www.weissratings.com). …
Los Angeles-based SCPIE Holdings Inc., a provider of healthcare liability insurance, reported results for its fourth quarter and full year ended Dec. 31, 2003. The company also announced that its Board of Directors has suspended the regular quarterly cash dividend, …
Lockton Insurance Brokers, the nation’s largest independently owned insurance broker, appointed Linda Halbleib as senior vice president in the Property and Casualty practice. She will be based in Lockton’s San Francisco office. Halbleib will assume a leadership role in the …
As the Wyoming Legislature wrapped up its 30-day session on March 5, the Property Casualty Insurers Association of America (PCI) expressed disappointment in the passage of a key bill dealing with homeowners insurance. “HB 40 places restrictions on the use …
Southwest Business Corporation (SWBC), a San Antonio-based insurance and financial services provider, named David Horne as executive vice president and chief administrative officer. “We have known David for a long time and have followed his successful career. He has many …
North Carolina-based BB&T Insurance Services plans to buy Iler Wall & Shonter Insurance Inc. of St. Petersburg, Fla. The acquisition would give the nation’s sixth largest insurance broker its second agency in the Sunshine State. The announcement comes three months …
Bradley Wilson, president of Florida-based North American Liability Group, announced that the company has successfully negotiated a Re-insurance Agreement on an 80 percent quota share basis, with a Best A-Rated Re-Insurance Company. Final negotiations are expected to be completed within …
The Houston Association of Insurance Women (HAIW) announced their new officers for 2004. They are: president – Merry Jane Eversole, American Financial Services; president elect – Sharon Hill, Harco Insurance Services; vice president – Patricia Barnes-Casteig; The Comp Solutions Network; …
Texas Mutual Insurance Company reported that Roger Gilbreth pleaded guilty to workers’ compensation fraud-related charges. The 390th District Court sentenced Gilbreth to two years deferred probation and 120 hours of community service. The court also ordered Gilbreth to pay a …
