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

PIA Services Takes Over Iowa CIC, CISR Programs

PIA Services Inc. will assume administrative leadership of the Certified Insurance Counselors and Certified Insurance Service Representatives programs in Iowa. The Professional Insurance Agents of Nebraska, along with the Midwest Alliance for Education and Research, will conduct its first CIC …

JMB Insurance Acquires Schlesinger Associates

Chicago-based brokerage JMB Insurance has acquired Schlesinger Associates Inc., an employee benefits brokerage also based in Chicago. JMB’s expanded employee benefit and financial security services practice will be led by Senior Vice President Bruce Schlesinger. JMB CEO Steven J. Topel …

Anti-Fax Law Exemption Bill Passes House Committee

Federal legislation that would exempt existing business relationships from anti-fax laws, including existing agent-client relationships, has advanced in the House and has been introduced in the Senate said the Independent Insurance Agents & Brokers of America. Introduced by Rep. Fred …

IJ East Adds Molchan as Regional Manager for Advertising Sales

David Molchan has been appointed as Insurance Journal’s East Region Manager / Advertising Sales. Molchan has extensive experience in business-to-business advertising sales and ad sales management at several trade magazine companies. Most recently, Molchan served as the regional sales manager …

Higginbotham & Associates Acquires B. Barfield Group

North Texas-based independent insurance and financial services brokerage firm, Higginbotham & Associates, announced it has acquired B. Barfield Group, based in McKinney. The merger brings to Higginbotham employee benefits broker Bourdon Barfield and a service team that will help further …

N.J. Commissioner: Auto Insurance Market Recovering; Drivers Reap Benefits

New Jersey Banking and Insurance Commissioner Holly Bakke predicted recently that positive financial results for a majority of companies in the auto insurance marketplace will continue to produce returns for New Jersey drivers in the form of more special dividends …

Conn. Special Session Misses Opportunity to Override Med-Mal Veto

The Connecticut General Assembly, which reconvened this week for a special session, did not consider an override of the governor’s veto of a medical malpractice reform bill, which is now officially dead. “We’re pleased with the outcome, since H.B. 5669 …

Safety Efforts Lead to Dividend From Texas Mutual

Texas Mutual Insurance Company reported that is has awarded the Emergency Service Organization (ESO) workers’ compensation purchasing group with $92,762 of group dividends. The group dividends are separate from any general Texas Mutual dividend that ESO members may receive. “We’re …

XL Launches Commercial Property Insurance Initiative

XL Capital Ltd. announced that its insurance operations will provide commercial property insurance capacity of up to $500 million, allowing it to underwrite entire global property programs on a selective basis. XL’s Chief Executive Officer of Insurance Operations, Clive Tobin, …

Ohio Casualty Announces Senior Notes Offering

Fairfield-based insurer Ohio Casualty Corp. announced that it has priced a $200 million offering of its 7.3 percent senior notes due 2014. It is anticipated that the transaction will close on June 29, 2004. Citigroup Global Markets Inc., Goldman, Sachs …