Kyle Stevens, vice president, branch manager of the Dallas office of Western Security Surplus Insurance Brokers, announced that Sharla J. Martin joined the firm effective March 1, 2004. Martin came aboard as a property and casualty underwriter with an emphasis …
The Archdiocese of Boston is suing one of its insurers, accusing the company of fraud and breach of contract for failing to cover settlement payments to victims of clergy abuse. Last September, after the archdiocese agreed to pay about $85 …
Texas-based The Combined Group announced the recent addition of Stephen Squires to its marketing staff. He will be responsible for agent marketing activities in the Houston area. Squires has been in the insurance industry for over 26 years and brings …
Fueled by the complaints from victims of Hurricane Isabel, Maryland insurance officials have issued a report calling for changes in the way the National Flood Insurance Program (NFIP) is administered and sold. “We have seen first hand the loss of …
NYMAGIC, INC. announced the pricing of its offering of $100 million aggregate principal amount of 6.50 percent Senior Notes due 2014. “The aggregate principal amount of the notes offered was increased from the previously announced amount of $75,000,000,” said the …
For the first time in its history, the Young Agents Council (YAC) of the Independent Insurance Agents & Brokers of New Jersey (IIABNJ) hosted a “Day in Trenton” on Thursday, March 4, 2004. The day was spent meeting with legislators …
The Independent Insurance Agents & Brokers of New Jersey (IIABNJ) has issued a bulletin applauding the state’s Insurance Commissioner, Holly Bakke and the Department of Banking and Insurance (DOBI) for the new Auto Insurance Purchasing Planner which is now available …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) for the property/casualty affiliates of Pennsylvania’s Erie Insurance Group, managed by Erie Indemnity Company. Best said it had also affirmed the financial strength rating of …
New York’s Superintendent of Insurance Gregory V. Serio announced that the owner of Village Pizza & Burger, located at 156 North Main Street in Spring Valley, N.Y., has been arrested and charged with insurance fraud, falsifying business records, and submitting …
The Property Casualty Insurers Association of America is opposed to a Connecticut Senate bill that would prohibit insurers from excluding mold damage from their coverages. . The bill, S.B. 417, “An Act Concerning Insurance Coverage for Damage,” would prohibit insurers …
