June 29, 2007
Colemont Insurance Brokers-Southern California has added Blake Baker to its Woodland Hills, Calif., office. Baker is a workers’ compensation specialty broker with more than 20 years of experience in the workers’ compensation industry. He will be heading Colemont-Woodland Hills’ new …
June 29, 2007
Bolton & Co., a employee-owned insurance brokerage based in Pasadena, Calif., announced that Leslie Davidson Pearce has joined their firm as assistant vice president in the Employee Benefits division. In this role, Pearce will focus on client relationship management and …
June 29, 2007
A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” of Spain’s Ocaso, S.A. Seguros y Reaseguros with a stable outlook. “The ratings reflect the company’s superior risk-based capitalization, excellent operating …
June 29, 2007
A.M. Best Co. has downgraded the financial strength rating (FSR) to “B++” (Good) from “A-” (Excellent) and assigned an issuer credit rating of “bbb” to Teachers Auto Insurance Company of New Jersey, formerly known as Lancer Casualty Company, headquartered in …
June 29, 2007
More Michigan children would be required to travel in safety car seats under legislation passed this week by the state House. Current Michigan law generally requires children under 4 to ride in a child restraint system, rather than just seat …
June 29, 2007
Most employees at North Dakota’s workers’ compensation agency distrust senior managers and believe department policies often are applied unfairly, a new survey says. However, most workers said they enjoyed their job, and thought they were treated well by their front-line …
June 29, 2007
Editor’s Note: An earlier version of this article incorrectly named DeMarco as president and CEO of International Excess. DeMarco is president of Business Development and chief financial officer. Insurance Journal regrets the error. Ohio-based International Excess recently announced that it …
June 29, 2007
Regions Financial Corp. of Birmingham, Ala., named John Owen as senior executive vice president, Operations, Technology, Corporate Real Estate and Procurement. Owen will serve as a member of the company’s Executive Leadership Committee. He replaces Dave Gordon, who will retire …
June 29, 2007
A former insurance agent and former owner of the Culpepper Insurance Agency in Baltimore has pleaded guilty in the Circuit Court for Baltimore County to felony insurance fraud, according to Maryland Attorney General Douglas F. Gansler. According to gansler, Judge …
June 29, 2007
Atlanta-based insurance broker Beecher Carlson has named Gerald Levine as managing director. Levine will be responsible for client development for Beecher Carlson’s Risk Management Practice. He will be based in Old Lyme, Connecticut, which serves as Beecher Carlson’s entry into …