December 29, 2006
Bliss and Glennon Inc., a managing general agency and surplus lines broker based in Redondo Beach, Calif., opened two new regional offices in Manchester, N.H., and Birmingham, Ala., in late December in an effort to broaden Bliss & Glennon’s Excess …
December 29, 2006
BrickStreet Mutual Insurance Co. has finalized the purchase of office space at Charleston Town Center that will allow the private workers’ compensation insurance provider to consolidate its operations under one roof. BrickStreet’s Board of Directors approved the purchase in early …
December 29, 2006
Southfield, Mich.-based First Mercury Financial Corp. recently announced the opening of an underwriting office in Irvine, Calif. and the hiring of LaTrina Green as vice president. Green is responsible for managing this office’s specialty casualty underwriting operations. The Irvine office …
December 29, 2006
The Medical Assurance Company of Mississippi is refunding up to 20 percent of premiums to its physician customers. According to Michael D. Houpt, MACM president and CEO, the malpractice insurance refund has been made possible almost entirely as a result …
December 29, 2006
The Michigan Office of Financial and Insurance Services has approved the sale of M-Care, the insurance business of the University of Michigan Health System, to Blue Cross Blue Shield of Michigan. The deal, announced in September, calls for Detroit-based Blue …
December 29, 2006
The Texas Department of Insurance, Division of Workers’ Compensation will hold a workshop on workers’ compensation health care networks on Jan. 31, 2007. The workshop will take place at the Capitol Auditorium, 1400 Congress Avenue, Room E1.004 in Austin. It …
December 29, 2006
The costs of health insurance for a Louisiana family are rising much quicker than paychecks are growing, a new report says. From 2000 to 2006, the health care premiums for Louisiana’s families grew nearly five times faster than earnings, according …
December 29, 2006
A Smithville, Tenn., insurance broker was arrested Dec. 27 on 15 federal counts of wire fraud, according to officials. According to the federal grand jury indictment, B. Don James defrauded investors of more than $1.8 million by telling them he …
December 29, 2006
AssuranceAmerica Corp., an Atlanta based insurance holding company, has written its first auto insurance policy in Louisiana. The company now writes in six states including Georgia, Florida, South Carolina, Alabama and Texas and has plans to expand to additional states. …
December 29, 2006
Munich Re isn’t the only major insurance organization to express the industry’s collective sigh of relief as the year 2006 expires with relatively few major catastrophe losses (See related article above). Lloyd’s notes that “the hurricane season came to an …