Monthly Archives: <span>July 2007</span>

Veteran Insurance Executives Form Tenn.-Based Synercon

In Nashville, Tenn., two insurance industry veterans announced the formation of Synercon Insurance Holdings, a venture that will acquire and link leading independent insurance agencies. David D. Haynes, serving as CEO of Synercon, is the founder and former chairman and …

Consumer, Civil Rights Groups: FTC Credit Score Report is Biased

Representatives of consumer and civil rights organizations have condemned a congressionally-mandated report on insurance credit scoring by the Federal Trade Commission (FTC) as biased insurance industry propaganda. According to a statement released by the National Fair Housing Alliance, the groups …

RMS: Current UK Floods not as Costly as Those in 1947

Despite the widespread devastation caused by this summer’s UK floods, the damage is not yet as costly as the March 1947 floods, which would have resulted in insured losses of £4.5 to £6 billion if it reoccurred today, according to …

Higginbotham & Associates Adds Perry in Dallas Office

Higginbotham & Associates announced it has added commercial property and casualty broker J. Ryan Perry to its Dallas branch office. At 29 years old, Perry was most recently a top-two producer and vice president at Sleeper Sewell Insurance Services Inc. …

Republic Promotes Lawson, Adds Gonzalez

Dallas-based The Republic Group announced two key personnel appointments. Ron Lawson was promoted to vice president – Personal Lines and Tony Gonzalez joined Republic, succeeding Lawson as assistant vice president, Marketing and Product Development. Lawson joined Republic in 2004 as …

La. Officials Report Requests for Insurance Tax Credit Lagging

More than a million Louisiana homeowners apparently have overlooked a large tax refund due to them as state reimbursement on their insurance premiums following Hurricane Katrina, state officials say. The claim is available to nearly everyone who pays property insurance …

New Okla. Insurance Verification Program Has a Sizable Hole

An auto insurance-verification program set to take effect in Oklahoma next summer does not address a growing number of uninsured drivers – those who are illegal immigrants. The new real-time system will allow law enforcement officers to immediately determine whether …

Hundreds Turn Out for Asbestos Screening in Dallas

More than 500 current and former residents of a West Dallas, Texas, neighborhood that was home to a vermiculite plant showed up for a recent asbestos screening, officials said. Parkland Memorial Hospital used a $250,000 state grant to X-ray up …

Wis. Northwestern Mutual Celebrates 150th Anniversary

As Milwaukee, Wis.-based Northwestern Mutual rings in its 150th year of business, the company’s Sesquicentennial is highlighted by its national Community Service Award program, which donates $265,000 to 25 non-profit organizations across the U.S. served by the winning representatives. The …

N.H. Accepts Insurers Use of Credit to Price Auto Insurance

Most insurance companies doing business in New Hampshire base their customers’ insurance rates partly on their car loans, credit card balances and other debt. Five years ago, the state Insurance Department adopted rules for insurance companies to follow in using …