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

Oswald Opens Minneapolis Office

Oswald Companies, an insurance brokerage firm, announced the opening of a Minneapolis office. The focus of the new office is business insurance solutions in property & casualty and benefits for manufacturing, retail, healthcare, logistics and family or closely held businesses. …

Kan. Brooke Corp. to Present at Ramsey’s 2006 Investor Conference

Brooke Corporation President and COO Anita Larson, and CFO Leland Orr will participate in Friedman Billings Ramsey’s 2006 Investor Conference at the Grand Hyatt New York in New York City. Nearly 1,300 institutional investors and executives are expected to attend …

Neb. Insurers Argue Againsts Benefits for State Trooper in Suicide Case

Family members of a state trooper who killed himself after the 2002 Norfolk bank slayings face another court battle in their fight for workers’ compensation benefits they say they are owed. Several large insurers and businesses argue benefits shouldn’t be …

Ross Joins N.Y.’s Rose and Kiernan

Laurie Ross has joined Rose and Kiernan, Inc. in New York as a client manager in the Employee Benefits Management Group. She will work from the agency’s Pawling office. Ross most recently was with Adirondack Trust Co. in Saratoga Springs. …

R.I. High Court Declines to Rule On Beacon Mutual Appointments

Rhode Island’s highest court has declined to rule on whether state lawmakers have any remaining role in appointing members, or approving gubernatorial appointments, to two high-profile boards. The requests for advisory opinions came after voters passed a separation of powers …

Fla. Legislative Session on Insurance Now Seen Likely in January

Florida Senate President Ken Pruitt informed Senate staff last Wednesday that lawmakers may have a special session in January aimed at easing the state’s property insurance crisis. Gov. Jeb Bush had been hoping for months that lawmakers might be able …

Miss. Starts Review of Katrina Claims Handling with State Farm

State Farm Insurance Co. will be the first of several major insurers to be investigated by Mississippi’s insurance commissioner over their handling of policyholders’ claims after Hurricane Katrina. Insurance Commissioner George Dale said last week that the probe will begin …

Nationwide Appeals Technical Issues in Miss. Court Katrina Win

Nationwide Mutual Insurance Co. is appealing a landmark court decision in the first trial to challenge insurers for refusing to cover billions of dollars in damage from Hurricane Katrina’s storm surge. Nationwide’s lawyers filed a notice of appeal Wednesday without …

Fairfax to Sell 9 Million Odyssey Re Shares

Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH)(NYSE: FFH) announced today that it commenced an underwritten public offering to sell 9,000,000 shares of Odyssey Re Holdings Corp. common stock. Fairfax also said it “will grant the underwriters an option to purchase …

Zurich Establishes New Central/Eastern Europe Unit

Zurich Financial Services Group has established a new business unit, named Central and Eastern Europe (CEE), effective January 1, 2007. Zurich said it took the move to “better capitalize on the growth opportunities in these markets. “The unit, headquartered in …