Monthly Archives: <span>January 2006</span>

Hallmark Completes Acquisition of Texas General Agency

Hallmark Financial Services Inc. announced the completion of its previously disclosed acquisition of Texas General Agency Inc. and certain affiliates. TGA is a managing general agency involved in the marketing and servicing of property and casualty insurance products, with a …

Guardian Introduces Destiny Health Plan in Texas

The Guardian Life Insurance Company of America (Guardian) announced it has expanded its partnership with Destiny Health to introduce the consumer-directed Destiny Health Plan to employers in Texas. According to the company, Guardian’s Destiny Health Plan is designed to make …

Argonaut’s Great Central Partners with Minn. Restaurant Association

Great Central Insurance, a member of the Select Markets segment of San Antonio, Texas-based Argonaut Group Inc., announced it has been selected by the Minnesota Restaurant Association (MRA) to offer property and casualty insurance on an exclusive basis to its …

Higginbotham & Associates Adds P/C Broker in Dallas Office

Fort Worth-based Higginbotham & Associates named recent college graduate Drew Robinson an account executive in its Dallas office. Robinson is a December 2005 graduate of Ouachita Baptist University, Arkadelphia, Ark., where he earned a bachelor’s degree in business administration in …

Cincinnati Financial Corp. Ends 40-Year Relationship with Alltel Corp.

Insurance giant Cincinnati Financial Corp. ended its 40-year relationship with Alltel Corp. last week, dumping more than 13.1 million shares in the Arkansas company due to its recent decision to split its wireless and wireline operations, according to an Arkansas …

CPCU National Leadership Courses Coming to Mass. on March 23

On March 23, the Chartered Pproperty Casualty Society and its Central Massachusetts and Boston Chapters will be hosting two CPCU Society National Leadership Institute courses, Strategic Thinking and Strategic Planning. The CPCU Society National Leadership Institute (NLI) is for insurance …

AIG, Greenberg Battle Over Starr MGA Accounts

New York State Supreme Court Justice Herman Cahn has granted American International Group Inc. a temporary restraining order against a managing general agency owned by C.V. Starr & Co., the insurance company being run by AIG’s own former chairman, Maurice …

$5B in Miss. Claims Paid, Policyholders Urged to Mediate

Insurance companies have paid out nearly $5 billion in hurricane-related claims for hurricanes Rita and Katrina in six of Mississippi’s coastal counties according to Commissioner of Insurance George Dale. The payments were made in Hancock, Harrison, Jackson, George, Stone, and …

California Surplus Line Association Elects New Officers

The Surplus Line Association of California’s (SLA) elected new officers at its Annual Meeting held in Northern California on January 24 and in Southern California on Jan. 26, 2006. New officers include: chairman – Jim Pettipas of ECM Insurance Services …

San Diego Roofing Contractor Sentenced for State Fund Fraud

San Diego County Superior Court Judge David Danielsen has sentenced a roofing contractor to a six month jail term, three years formal probation and ordered him to pay $272,000 in restitution to State Compensation Insurance Fund as part of his …