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

New Market for Technology Related Services in Calif.

SIU LLC, Glendale, Calif., has a new market for general liability and property of Technology Related Services in California. No professional liability is required to be in force. Policy limits are $1 million/$2 million. Deductible is $500. Minimum premim is …

George Rothert Ins. and Petersen Rothert Ins. Change Names

As of January 1, 2006, Santa Rosa-based George Rothert Insurance Services and Seattle-based Petersen Rothert Insurance Services will both operate under the new name Pacific Coast E&S Insurance Services based in Sherwood, Ore. There has been no change in ownership …

Calif. Unprepared for Tsunami

Tsunami waves generated by a large offshore earthquake would threaten at least 1 million coastal residents in California and inundate the nation’s largest port complex, according to a new report. The study, released Monday, found gaps in the state’s readiness …

Beecher Carlson, Colemont Form ‘Strategic Relationship’

A strategic relationship has been entered into between Beecher Carlson, an Atlanta-based brokerage and risk management consulting company, and Colemont Insurance Brokers, a wholesale specialty insurance broker with headquarters in Dallas. Steve Denton, Beecher Carlson’s executive managing director, said the …

Colemont Launches Recall Risk Management Program

Colemont Insurance Brokers – Chicago has launched the RecallReady program, a product recall risk management program. A key feature of the RecallReady Program is the integration of pre-incident and crisis response services. The RecallReady program provides each insured access to …

Texas, Illinois Lead in Latest ‘Judicial Hellholes’ Ranking

The fourth annual “Judicial Hellholes” report, a ranking of state courts in the United States that are sought by plaintiffs because they are judged by critics to have the toughest environment for defendants in civil liability lawsuits, was released today. …

Ark. Doctor Convicted in Wheelchair Fraud Scheme

An Arkansas doctor’s conviction on Medicare fraud charges after prosecutors claimed he talked elderly patients into unnecessarily seeking wheelchairs, paid for with government money, may leave Magnolia, Ark., with fewer doctors. Dr. Patrick Antoon Sr., a popular family doctor in …

Republic Announces Quarterly Dividend

The Board of Directors of Dallas-based insurer, Republic Companies Group Inc., has declared a quarterly common stock dividend of 12 cents per share payable on Jan. 13, 2006, to shareholders of record at the close of business on Dec. 30, …

National Union Fire’s Hedge Fund Protector Targets $875 Billion Industry

National Union Fire Insurance Company of Pittsburgh, Pa., a member company of American International Group, Inc., is offering Hedge Fund Protector, a new insurance policy designed to protect hedge fund managers, directors and officers against liability exposures and potential litigation. …

Ky. Insurance Companies, Authorities Will Cooperate After Jan. 1 in Crackdown on Uninsured Motorists

Insurance companies and public officials have joined forces in Kentucky in an effort to eliminate uninsured motorists who buy insurance for only long enough to meet state proof of insurance requirements and then cancel their policy. After Jan. 1, 300 …