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

West Coast Insurance Wholesaler ECM Appoints Misty Reistad as VP in SF HQ

San Francisco, California – ECM Insurance Services, Inc., a San Francisco-based management liability and property & casualty insurance wholesaler, today announced the appointment of Misty Reistad as Vice President in its San Francisco office. Reistad joins ECM with over 10 …

New Mexico Capitol Building Evacuated After Pipe Break

New Mexico’s Capitol will remain closed this weekend because of a broken pipe that sent water dripping from the top floor to the basement. There was no immediate estimate of the damage, which Legislative Council Service Spokesman John Yaeger said …

Hawaii Recognized as First State to be Tsunami and Storm Ready

The National Weather Service has declared Hawaii the first state in the nation to be both tsunami- and storm-ready. “This is an important accomplishment for the state and it shows the leadership of the local civic leaders, the emergency managers …

S&P Assigns ACE INA Insurance (ACE Canada) ‘A’ Rating

The ACE Group of Companies reported that Standard & Poor’s Ratings Service has assigned its “A” long-term counterparty credit and financial strength ratings to ACE INA Insurance (ACE Canada), with a stable outlook. S&P said in a statement that the …

Utah Man who Fakes Death on Mountain Pleads Guilty

A St. George, Utah, man who faked his death on Pine Valley Mountain this summer and then fled to Australia pleaded guilty Wednesday to one count of conducting a false or fraudulent scheme to obtain fees or services, a second-degree …

PIA of La. Resolutions Seek Hurricane Relief Assistance

Thanking insurance carriers on behalf of Louisiana insurance agents and the policyholders they represent for the carriers’ hard work and assistance in the aftermath of Hurricanes Katrina and Rita, the Professional Insurance Agents of Louisiana released a pair of resolutions …

Personal Lines 2006 Outlook Stable, S&P Report Says

In a report published Monday, Standard & Poor’s stated that it is retaining its stable outlook for the personal lines sector for 2006, despite the losses stemming from 2005’s aggressively violent hurricane season. The expected increase in reinsurance costs in …

Lemac Offers New Market for Residential Contractors in Calif.

Los Angeles-based Lemac & Associates has added a new market for residential contractors in California. This is a non-admitted market for contractors including wrap-ups for single family and multi-family projects, residential generals (can do project specific), artisans, EIFS contractors and …

Crump Makes Additions to P/C Teams in Dallas, Houston

Crump Insurance Services of Texas Inc. appointed three new members to the Dallas property/casualty brokerage team: Brent Jenkins, Stephanie Murillo and Matt Sheehan. Additionally, Crump Insurance Services of Houston Inc. announced the addition of Elizabeth Wafer to their property/casualty brokerage …

NSM Names Messina to Head True Insurance Plans in Houston

Commercial property and casualty insurance services firm, NSM Insurance Group, announced that Claire Messina will manage the day to day operation of NSM’s True Insurance Plans (TIP) Houston, Texas, headquarters. Messina, who assumes the executive sales responsibility for TIP’s supplemental, …