Yearly Archives: <span>2005</span>

R.I. Governor Blasts, Vetoes Beacon Mutual Expansion

Rhode Island Gov. Donald Carcieri has vetoed a bill that would have permitted the state’s largest workers compensation insurer, Beacon Mutual, to restructure and expand into other states. Carcieri blasted the legislation as “insider legislation” that would dramatically change the …

Wyoming’s First Lady Backs Repeal of Insurance Law

First lady Nancy Freudenthal says a law allowing insurance companies to withhold coverage for injuries resulting from drug or alcohol use should be repealed. Because of the law, she said, doctors and nurses are less likely to ask about or …

PIA of Ga., Insurance Commissioner’s Office, Warn Against Altering ‘Certificates of Insurance’

Agents in Georgia have been contacting the Professional Insurance Agents of Georgia to discuss requests to make alternations to Georgia Certificates of Insurance. Jerry W. Duke, PIA of Georgia executive vice president has just warned members that making alterations to …

U.K. Liability Markets Show Improvement Following Study

Lower increases in premiums, better communication between insurers and policyholders and a reduction in the number of businesses denied cover are among the key improvements identified by the OFT in its follow-up study of the UK liability insurance markets. In …

Drawert Honored with ICT’s Raymond Mauk Award

Jim Drawert, vice president and chief underwriting officer for The Republic Group, was presented the Raymond Mauk Leadership Award on July 14, at the Insurance Council of Texas’ 13th Annual Mid-Year Property and Casualty Symposium. Drawert becomes the eighth recipient …

Registration for La. P/C Form and Rate Filing Seminar Underway

The Louisiana Department of Insurance will hold its 4th annual Property and Casualty Form and Rate Filing Seminar on Thursday, Sept. 22, at the Hyatt Regency, Poydras at Loyola Avenue, in New Orleans. The seminar will assist members of the …

LSE Earns Texas Mutual Dividend

Texas Mutual Insurance Company announced a group dividend to the Lone Star Energy (LSE) purchasing group today totaling $49,948. This marks the first time LSE has earned a Texas Mutual purchasing group dividend. Group dividends are separate from the $50 …

Insurers Advise Texas Gulf Residents to Prep for Hurricanes as Season Unfolds

Residents along the Gulf Coast of Texas can learn a lot from the experiences of those people in Florida who were victims of multiple hurricanes last year, according Sandra Ray, public affairs director of Southwestern Insurance Information Service. Current NOAA …

Great American Names Standlee President of Equine Mortality Division

Cincinnati-based property/casualty insurer Great American Insurance Group announced that Kendel D. Standlee has been promoted to president of its equine mortality division. The division supports the largest equine mortality operation in the United States and is the country’s leading insurer …

Smith Retires as CEO of Zurich’s Universal Underwriters Group

Schaumburg, Ill.-based Zurich North America announced that Stephen Smith has retired as CEO of Universal Underwriters Group, a business unit of of the company’s commercial division. Universal Underwriters Group was recently sold to a group of investors led by Hellman …