March 8, 2004
James Wurdeman Florida-based Poe Financial Group announced the promotion of their executive vice president, James Wurdeman, to president and CEO. William Poe, Sr., the current CEO, will remain chairman of the property and casualty company, which he founded in 1996. …
March 8, 2004
Frank Renfro Kokomo, Ind.-based First National Bank & Trust announced the promotion of Frank Renfro to the position of president of First National Insurance, a wholly-owned subsidiary. Renfro was promoted to the position following the promotion of John O’Donnell to …
March 8, 2004
Vincent Donnelly PMA Capital Corp. has appointed Vincent T. Donnelly as its new president and chief executive officer. He has headed the PMA Insurance Group as its president for the last seven years and will retain that position. Donnelly brings …
March 8, 2004
An Illinois Senate bill that would change the recovery system for underinsured drivers’ (UIM) coverage is strongly opposed by the insurance industry because of its potential to allow the “stacking” of policy limits, according to the Property Casualty Insurance Association …
March 8, 2004
Pewaukee, Wis.-based Markel American Insurance Company announced the appointment of Thomas Conroy to marine director. Conroy, who joined Markel American in 1989, has long been committed to the marine industry and insurance marketplace. Before taking the marine director position, Conroy …
March 8, 2004
Venture Programs announced that it has been selected to write business with ACE Complete, a Web-based underwriting facility for contracted program administrators and wholesale brokers. ACE Complete offers program administrators and brokers fast, efficient online underwriting for the workers’ compensation …
March 8, 2004
The National Association of Mutual Insurance Companies (NAMIC) called for cessation of an effort to create a “best practices” interpretation document on the use of insurance scores by the National Association of Insurance Commissioners (NAIC). “Reasonable and balanced parameters on …
March 8, 2004
A former aide to Chuck Quackenbush, the California insurance commissioner who resigned in scandal in 2000, was convicted Friday on all charges alleging his participation in the illegal transfer of insurance settlement money to a nonprofit group. Federal jurors took …
March 8, 2004
Better credit profiles for continuing care retirement communities (CCRC) in the United States can reportedly be attributed to improvements in investment returns, solid demand for CCRC facilities as baby boom generation retires, and better management practices, according to a new …
March 8, 2004
Two San Diego County men who owned several Southern California construction companies pleaded guilty to six felony counts, including state income tax evasion, conspiracy to file false tax returns, payroll tax evasion and insurance fraud, in a case involving the …