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

Calif. State Fund Files Average 9 Percent Premium Decrease

California’s State Compensation Insurance Fund is calling for a 9 percent average decrease in collectible premium its latest filing of workers’ compensation rates for 2007. The new rate will affect new and renewal workers’ comp policies with an effective date …

Countrywide Launches Auto Insurance Product in Colo., Ill., Ind., Nev.

Countrywide Financial Corp. announced that Countrywide Insurance Group’s auto insurance product is now available to consumers in Colorado, Illinois, Indiana and Nevada. The product was first introduced in Arizona in Sept. 2006. According to Countrywide’s statement, residents can now obtain …

Grady & Associates Launches Web Site for Las Vegas Businesses

Grady & Associates Insurance Services, an employee benefits brokerage firm, has launched a new Web site (http://www.gradyandassociates.com) designed to be an online informational resource, helping Las Vegas businesses stay up-to-date with recent developments in the insurance industry. Headquartered in Las …

Company Dumps Jockey Insurance in Montana

A national company that arranged insurance for race jockeys in Montana this year has dropped all four of the state’s race tracks for next year, leaving the tracks scrambling to find another insurance provider. The Montana tracks were among 19 …

Excess/Surplus Claims Group Elects Kalaydjian, Other Officers

The Excess/Surplus Lines Claims Association has announced its new officers and directors. Newly elected officers include President Catherine Kalaydjian, who is executive vice president and head of claims for Endurance Specialty Insurance Ltd. Other officers elected include: Vice President – …

Miss. Court: Hotel Not Liable in Death of Guest

Choice Hotels International cannot be held responsible for the death of a Texas man, who was murdered when two men burst into his Gulfport motel room, the Mississippi Court of Appeals has ruled. The ruling came in the appeal of …

Chicago CNA Surety to Present at Investor Conference, Nov. 29

CNA Surety Corp.announced today that John F. Welch, president and CEO, and John F. Corcoran, senior vice-president and CFO, will speak at the Friedman, Billings, Ramsey & Co. Inc. 2006 Investor Conference on Wed., Nov. 29th at 2:55 p.m. (ET), …

Ind. Independent Agents Present Special Awards at Annual Convention

The Independent Insurance Agents of Indiana (IIAI) recently announced special awards at a ceremony during their recent Annual Convention in November 11. Award recepients include: Ronald Shumaker, CISR, vice president-Personal Lines of The Thompson Group in Parker City, received the …

CorVel Corporation Hires Vice President of Sales

Irvine, Calif.-based CorVel has named Edwin C. Hendrick vice president of sales, responsible for CorVel’s national sales initiatives. Prior to joining CorVel, Hendrick served as vice president of sales and marketing for USLABS/Esoterix, managing nationwide sales development. Before joining USLABS, …

USI Holdings Granted New Trial on Copyright Infringement Dispute

USI Holdings Corporation announced that a federal court has ordered a new trial on damages and statute of limitations issues in the copyright infringement case William A. Graham Company v. Thomas P. Haughey and USI MidAtlantic Inc. (U.S. District Court, …