Kenneth Sturm, a 28-year veteran of the insurance industry, has joined Pleasanton-based Tanner Insurance Brokers as chief operating officer. Tanner, one of the largest independent insurance organizations in California, was acquired by Union Bank of California in 2003. Sturm joins …
Texas Mutual Insurance Company reported that Enrique Rodriguez of Houston has pleaded guilty to workers’ compensation fraud-related charges. The 390th District Court of Travis County sentenced Rodriguez to two years deferred probation and 100 hours of community service. The court …
A judge in Baton Rouge, La. awarded the owner of a failed insurance company more than $1.2 million from the state, years after two former consultants pleaded guilty to illegally handling the company’s assets. The Associated Press reported that State …
Richard L. Polizzi, president/CEO of Western Security Surplus Insurance Brokers Inc. (WSS) recently announced that the personal lines division in Los Alamitos has added another new wrap around program. Available in California only, from an “A”-rated, non-admitted carrier. This is …
Bill Crouse of San Francisco-based Crouse and Associates recently announced that he is stepping down as president and moving into the position of CEO. Effective immediately, Greg T. Crouse has been appointed president. According to Bill, “I have a great …
Oklahoma Insurance Commissioner Carroll Fisher announced that officials with Physicians Liability Insurance Co. (PLICO) and Hospital Casualty Co. have signed agreements placing the two companies under formal supervision by the Oklahoma Insurance Department. The move comes after months of on-site …
Standard & Poor’s Ratings Services announced the affirmation of its “AA” counterparty credit and financial strength ratings on Houston Casualty Co., Avemco Insurance Co. (Avemco), U.S. Specialty Insurance Co., HCC Specialty Insurance Co. (HCC Specialty) and HCC Life Insurance Co. …
Webster Financial Corporation (NYSE: WBS) announced that its principal subsidiary, Webster Bank, has completed its conversion from a federal savings bank to a national bank charter, regulated by the Office of the Comptroller of the Currency (OCC). In addition, Webster …
Marietta McCain of San Antonio, Texas, has been honored with the Bernard J. Burns Award, bestowed annually upon the agent or broker making the most significant impact on fundraising efforts for InsurPac, the political action committee of the Independent Insurance …
Chittenden Corporation (NYSE: CHZ) Chairman Paul A. Perrault announced earnings for the quarter ended March 31, 2004 of $17.5 million or $0.47 per diluted share, compared to $16.6 million or $0.49 a year ago. Chittenden also announced a 10 percent …
