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

Spitzer Notifies Insurers Contingent Commissions No Longer an Option

New York Attorney General Eliot Spitzer has notified four leading insurance companies that, under agreements reached with his office earlier this year, they may no longer pay “contingent commissions” to agents and brokers who sell automobile, homeowners and certain other …

Willis Announces Several Senior Leadership Changes

Willis Group Holdings Limited named Grahame Millwater as chief operating officer of the Group. Millwater has been with Willis for 21 years and has served in several capacities. Over the past few months, Millwater has had a leadership role focusing …

Businesses Must Address Environmental Exposures, Says Insurer

ACE European Group (ACE) is warning that UK businesses are exposing themselves to unnecessary environmental liability risks, simply because they continue to view specialist insurance products as too expensive and overly complicated. Alongside a limited understanding amongst many UK businesses …

ICAT Establishes Syndicate at Lloyd’s of London

Boulder, Colo.-based ICAT Holdings LLC has created a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties throughout the United States. ICM Syndicate 4242 will commence underwriting business on …

Senate Will Make Last-Ditch Effort for Disaster Dollars

Farm-state senators will make a last-ditch effort this week to pass agricultural disaster assistance, though it’s unlikely it will become law before the new year. North Dakota Sens. Kent Conrad and Byron Dorgan, both Democrats, pressured Republican leadership to take …

Indemnity Excess & Surplus Offers ID Protection

Indemnity Excess & Surplus Agency based in Beaverton, Oregon is helping its retail agents protect their clients with coverage designed to address most of the exposures associated with identity theft. Corporate Identity Theft Protection, offered by IES and written by …

The Standard Promotes O’Brien and Pfeiffer to Senior VPs

Standard Insurance Co., a subsidiary of StanCorp Financial Group, Inc., has promoted David O’Brien to senior vice president of information technology and William W. Pfeiffer to senior vice president of human resources. O’Brien joined the company in 2004 as vice …

Safeco To Host Investor Session After Opening at NYSE

Seattle-based Safeco will host an informal question-and-answer session for analysts in New York on Thursday, Nov. 30. The event will begin at 1:30 p.m., Eastern Time (10:30 a.m., Pacific Time) in Manhattan. Safeco’s CEO Paula Reynolds, Chief Financial Officer Ross …

Professional Program Offers Tattoo And Body Piercing Program Enhancements

Professional Program Insurance Brokerage announced their body piercing and tattoo program can now offer property coverage in more states. Property insurance is available along with the company’s liability program in more states. The exclusive program offers self rating for both …

McQueary Henry Bowles Troy Adds Moss as VP in P/C Group

McQueary Henry Bowles Troy L.L.P. announced that Jim Moss has joined its Dallas office as vice president in the property and casualty production group. Moss is a veteran in the insurance industry, bringing 40 years of experience specializing in property …