Monthly Archives: <span>July 2005</span>

IIABL Installs New Officers at 103rd Annual Convention

The Independent Insurance Agents and Brokers of Louisiana installed a new slate of officers for the coming year on June 29, 2005, at the association’s 103rd annual convention in Destin, Fla. H. Lee Schilling, Jr., of Schilling & Reid Insurance …

Success Stories Abound at ICT’s Mid Year Symposium

Speakers at the Insurance Council of Texas’ 2005 Mid Year Property and Casualty Symposium had good news to tell about both the property and casualty industry and the 2005 regular session of the Texas Legislature. The symposium, held July 12 …

OAHU Applauds Department of Insurance’s High Risk Pool Study

The Ohio Association of Health Underwriters (OAHU) announced that efforts to establish a High Risk Pool in Ohio have been supported by a study recently released by the Ohio Department of Insurance (ODI). A High Risk Pool bill was initially …

N.D. AG Warns Dickinson Homeowners of Unlicensed Contractors

North Dakota Attorney General Wayne Stenehjem and Secretary of State Al Jaeger are reminding homeowners of the need for caution when hiring contractors to complete home repairs. Severe weather damage provides an opportunity for a variety of different home repair …

Mt. Washington Offers N.H. Agents ISO’s Home Valuation Program

Independent agents of Mt. Washington Assurance Corporation can now use the Web-based ISO HomeValue to estimate the costs associated with rebuilding structures in the event of a total loss. Developed by ISO subsidiary AIR Worldwide Corporation, ISO HomeValue is a …

Boston Mayor Opposes Romney Auto Insurance Plan

Boston Mayor Thomas M. Menino has sent letters to both Senate President Robert Travaglini and House Speaker Salvatore DiMasi asking for their support in opposing Governor Mitt Romney’s plan to reform auto insurance rates. “While I applaud the Governor for …

Brown & Brown Inc. 2Q Results Show 15 Percent Profit

Brown & Brown Inc. with headquarters in Daytona Beach and Tampa, Fla. announced net income for the second quarter of 2005 of $37,033,000, or $0.53 per share, an increase of 15.2 percent from the $32,153,000, or $0.46 per share, reported …

ASUR Reports Small Impact from Hurricane Emily

Grupo Aeroportuario del Sureste S.A. de C.V. (ASUR) announced that its Cancun, Cozumel, and Merida airports were temporarily closed as a safety precaution in anticipation of Hurricane Emily. The three airports have since resumed normal operation and final cleaning work …

Ore. Insurance Underwriters Assoc. to Host Annual Golf Tourney Aug. 12

The Oregon Insurance Underwriters Association (OIUA) and The Oregon Chapter of CPCU have announced the date for this year’s annual industry golf tournament and awards luncheon. The event will be held on Friday, Aug. 12 at Forest Hills Golf Course …

Topa Insurance Receives ‘A-‘ Rating by A.M. Best

A.M. Best has completed its evaluation of Los Angeles-based Topa Insurance Company and affirmed a rating of “A-” (Excellent) with a stable outlook. Topa Insurance Company’s financial size rating is class VII. The rating is based on the consolidation of …