September 30, 2006
A new report by international reinsurance broker and risk intermediary Benfield, entitled “China Insurance Market Review: Major changes, rapid growth,” examines the changes that have taken place in in the recent past in the country and what may happen in …
September 29, 2006
The Phoenix Group, an independent insurance agency and employee benefits company based in Ripon, Wis., recently purchased Union Bank Insurance Group, based in Peru, Ill., marking the agency’s fifth acquisition in five years. The purchase, according to The Phoenix Group …
September 29, 2006
The CPCU Society elected new officers and governors during the CPCU Society’s 62nd Annual Meeting and Seminars in Nashville, TN, Sept. 9-12. These new positions are effective immediately. The following officers of the board have been officially elected: CPCU Society …
September 29, 2006
The National Association of Professional Surplus Lines Offices (NAPSLO) recognized the top four graduates of the Associate in Surplus Lines Insurance (ASLI) program at its annual convention on Sept. 15, 2006, in Chicago, Ill. The Derek Hughes/NAPSLO Educational Foundation sponsors …
September 29, 2006
USG Insurance Services Inc, a national broker of commercial insurance headquartered in Tampa, Fla., announced that Jodi Berger was promoted to assistant branch manager for its Arlington, Texas, branch. In addition, Heath McCasland was recently promoted to associate underwriter. Berger …
September 29, 2006
A third bag of Dole baby spinach that tested positive for a deadly E. coli strain has been linked to a specific batch packaged at a Salinas Valley plant, California health officials said. A Pennsylvania state lab identified the strain …
September 29, 2006
New Mexico’s Public Regulation Commission has chosen a finalist to replace former Insurance Superintendent Eric Serna, but regulators won’t say who that person is. Following a closed meeting Tuesday, the PRC announced it has authorized its chief of staff to …
September 29, 2006
Califiornia Insurance Commissioner John Garamendi announced he will likely recommend a further reduction in workers’ compensation insurance rates of at least an additional 6.3 percent. Based on pre-reform trends, the Workers’ Compensation Insurance Rating Bureau (WCIRB) estimates that such a …
September 29, 2006
Pacific Coast E&S Services has a new business auto market available in California. Market covers business auto, liability and physical damage, light and medium vehicles; and local and intermediate radius. Most drivers are accepted. Physical Damage coverage is available stand-alone …
September 29, 2006
The hurricane recovery effort in Louisiana received a much needed financial boost recently from the state as it continues implementing the statewide building code, the American Insurance Association reported. A legislative panel has approved the Louisiana Recovery Authority’s (LRA) plan …