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

Patel Appointed President of San Mateo, Calif.-based LISI

San Mateo, Calif.-based LISI, a leading provider of employee benefits broker services, announced the appointment of Becky (Renuka) Patel as President of LISI. LISI operates six fully staffed offices in California: San Mateo, Sacramento, Fresno, Los Angeles, Orange County and …

Earthquake Authority Monitors Parkfield Earthquake

The California Earthquake Authority is monitoring events in Central California following Tuesday’s 6.0 magnitude earthquake that struck near Parkfield at 10:15 a.m. PDT. The CEA Earthquake Response Manager is coordinating with participating insurance company claims representatives to determine what damage, …

America First Appoints New Territory Manager for Oklahoma and Arkansas

America First Insurance named Arthur E. Lackey territory manager for the operating states of Oklahoma and Arkansas. In this position, Lackey will have responsibility for marketing America First Insurance products and services to the company’s licensed independent agents and profitably …

Jeanne Makes 2004 Costliest for U.S. Hurricane Losses

Hurricane Jeanne, the fourth major storm to hit Florida this year, has caused between $4 billion and $14 billion in insured losses in the state, meaning that 2004 may now be the insurance industry’s costliest year for U.S. hurricane losses. …

Milne Scali & Company Acquires Surety Business

Richard W. Milne Jr., chairman of Phoenix-based Milne Scali & Company, a subsidiary of BNC National Bank and its parent company BNCCORP Inc., announced its acquisition of Tim Mitchell’s surety business. The transaction was effective on July 31, 2004. Mitchell, …

Alliance Mutual Teams with Homes4NC to Aid Hurricane Victims in Western Part of N.C.

Alliance Mutual Insurance Company, based in Greensboro, North Carolina, has partnered with Homes4NC, the North Carolina Association of REALTORS® Housing Opportunity Foundation, to aid those in Western North Carolina who have experienced the devastation of the recent hurricanes. With monies …

Mich. Insurer Group Taps Former Auto Industry Lobbyist as New Executive Director

The Lansing, Mich.-based Insurance Institute of Michigan has named a former lobbyist for the auto industry as its new executive director. Peter Kuhnmuench will start Oct. 11, 2004 and previously served as legislative affairs director for the Auto Dealers of …

21st Century Notes Losses from Jeanne

Edward (Ted) Lawson, president and chairman of the Board of Florida-based 21st Century Holding Company, offered comments about Federated National Insurance Company, a subsidiary of 21st Century, following Hurricane Jeanne’s trek through the state. “First and foremost we would like …

Vermont Welcomes Its 700th Captive

Helmerich & Payne Corporation, an energy-oriented company engaged in contract drilling, primarily in the U.S. and South America, has established Vermont’s 700th captive insurance company, according to the Vermont Department of Banking, Insurance, Securities and Health Care Administration (BISHCA). “The …

Pa. Debates Green Light for Red Light Cameras

Cameras watching intersections to deter drivers from running red lights may have an unwanted side effect, an increase in rear-end collisions, some studies show. In some cases, drivers who fear they’ll be caught on camera running a red light slam …