Yearly Archives: <span>2006</span>

Enrollment in W.Va.’s High-Risk Health Insurance Plan Growing

More than 200 West Virginians who have had difficulty obtaining health insurance in the regular market are now insured through AccessWV, the state’s high-risk health insurance plan, according to Insurance Commissioner, Jane L. Cline. AccessWV guarantees that all West Virginia …

Washington Democrats File Federal Complaint against Senate Contender

Washington Democrats have asked the Federal Elections Commission to investigate U.S. Senate challenger Mike McGavick’s $17 million “golden parachute” from Safeco Insurance Co. McGavick’s campaign said the complaint is bogus. “Everything was by the book,” McGavick spokesman Elliott Bundy said. …

Unlicensed Los Angeles Man Sentenced for Theft of Premiums

An unlicensed Los Angeles insurance agent, Jose Miguel Marquez, 23, has been sentenced to one year of summary probation and ordered to reimburse the California Department of Insurance (CDI) $10,000 for investigative costs for his crime of theft of premiums. …

Van Gilder Insurance Corp. Names Van Gilder CEO

Michael Van Gilder has been appointed CEO of Denver-based Van Gilder Insurance Corp. Van Gilder, who has served on the board of directors as managing director for more than 10 years, succeeds his father, Dell Van Gilder Jr., who has …

RenaissanceRe Release Q1 Results Today; Webcast Details

Bermuda-based RenaissanceRe Holdings Ltd. will release the results of its operations for the first quarter of 2006 following the close of market today, Tuesday, May 2, 2006. The Company will conduct an investment community conference call on Wednesday, May 3, …

IMA of Colorado Names Gaston Senior Account Executive

IMA of Colorado Inc., Denver, has named Gary Gaston senior account executive focusing on the energy industry with expertise in Gulf of Mexico exposures. He was previously vicee president at Hibernia Insurance Agency. E-mail: gary.gaston@imacorp.com. Web site: www.imacorp.com.

Navigators Q1 Earnings up 22% to $15.5 Million; Conference Call Info

The New York-based Navigators Group, Inc. reported net income of $15,525,000 or $0.93 per share for the 2006 first quarter based on 16,757,000 diluted shares compared to net income of $9,699,000 or $0.76 per share for the 2005 first quarter …

R.E. Chaix Adds Personal Umbrella and Comprehensive Liability Products

Irvine, Calif.-based R.E. Chaix & Associates has named Jo Sargent to head the new personal lines department located in the company’s Irvine headquarters. Beginning immediately, Sargent will begin marketing two new admitted products: personal umbrella and comprehensive personal liability. The …

Endurance Posts $107 Million Q1 Net; Conference Call Today, Details

Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $107 million or $1.45 per diluted common share for the first quarter of 2006 versus net income of $96.3 million or $1.45 per diluted common share in the first quarter of …

Audit ‘Not Completed’ Says Max Re; Estimates Q1 Net at $74.2 Million

Bermuda-based Max Re Capital Ltd. announced that the Audit and Risk Management Committee has not yet completed its previously announced internal investigation. “Consequently, KPMG, the Company’s auditors, have not completed their Statement of Auditing Standards 100 review of financial information …