Yearly Archives: <span>2006</span>

Conning Research: M&A Activity May Ramp Up in 2006-2007

Insurance industry mergers and acquisitions increased in 2005 to the highest level since 2001 and may foreshadow an acceleration of activity this year and the next, according to a new study by Conning Research and Consulting, Inc. “There are a …

Minn. Supreme Court Considers Attorney Requirement on Malpractice Insurance

Many of the complaints the Minnesota Lawyers Board investigates get dismissed, including a large number filed by clients upset simply because their attorney lost, according to an Associated Press story. But every year, there a few attorneys the board investigates …

K&K Insurance Offers Market for Entertainers, Performers

Fort Wayne, Ind.-based K&K Insurance Group Inc. has launched a new insurance program designed specifically for entertainers and performers who work on an independent contractor basis at fairs, festivals, special events, private parties, conventions, tradeshow booths, etc. The program is …

Schmelzer to Head Insurance Guaranty Fund Group

The National Conference of Insurance Guaranty Funds (NCIGF) has selected a property/casualty trade association executive to serve as its next chief executive. Roger H. Schmelzer will begin his duties with the Indianapolis-based organization on June 5. Schmelzer comes to NCIGF …

Assurance Awards 2006 Scholarships to Illinois State University Students

Assurance Agency, Ltd., recently announced the recipients of its 2006 insurance college scholarship program. Illinois State University students Matt Britton and Christopher Switzer were each presented with a $1,000 scholarship during a ceremony held for the university’s Katie School of …

Insurer Group Reminds Homeowners of the Need for Flood Coverage

Many Texas homeowners are under the impression that flooding caused by rising water is covered under the standard homeowners insurance policy in Texas and often they discover that fact too late, according to Sandra Ray, public affairs director of Southwestern …

Main Street Group Contributes to Virginia Big ‘I’ Building Fund

The Independent Insurance Agents of Virginia (IIAV) is thanking The Main Street America Group for contributing $50,000 to the building fund for development of the new IIAV Insurance Career Institute in Richmond. “As independent agents are our sole distribution channel …

PIA of La. Issues Alert Regarding Pending Insurance Legislation

The Professional Insurance Agents of Louisiana issued an alert to insurance producers and other interested parties regarding two bills currently under consideration in the Louisiana House of Representatives Insurance Committee. The House Insurance Committee meets Wed., May 17 at 9:00 …

Hallmark Reports Increased Revenues

Fort Worth-based Hallmark Financial Services Inc. reported operating results for the first quarter of fiscal 2006, indicating higher net income for the quarter ended March 31, 2006, compared to the same period last year. The company brought in $2.4 million …

Middleton Named General Manager of Mt. Washington Assurance in N.H.

Mt. Washington Assurance Corporation announced that Richard Middleton has joined the company as its general manager. In this newly created role, he will be responsible for directing the insurer’s strategy for growth in New Hampshire. As general manager, Middleton will …