Yearly Archives: <span>2007</span>

State Farm Study: Western States See Burglary Increases

A new State Farm study has identified the top 15 states that may see a glimpse of “suspicious santas” — burglars who strike during the holiday season. Nevada, New Mexico, Washington, Arizona, Georgia and California were among the top states …

Several Mass. Auto Insurers under Pressure to Amend Rates for 2008

At least three insurers whose 2008 Massachusetts auto insurance rates have been questioned by officials have agreed to revise them and other insurers are under pressure to do the same. Massachusetts Insurance Commissioner Nonnie Burnes last Friday raised concerns with …

N.J. Senate Passes Agent-Friendly Auto Insurance Changes

New Jersey insurance agents would no longer be required to offer auto insurance quotes from all of their companies under a bill recently passed by the state’s legislature. The bill, which carries the backing of both the Professional Insurance Agents …

Brown & Brown Promotes Two

Brown & Brown Inc. has named Kenneth Walton western region director of acquisitions and mergers. The company also announced that David Lester has been named the new profit center leader for the Las Vegas office, to fill Walton’s former position. …

Mobile, Ala., Councilwoman: Electronic Billboards May Cause Traffic Hazard

A city councilwoman in Mobile, Ala., wants to enact a 120-day moratorium on new electronic billboards so none can be constructed while the council’s Public Safety Committee researches possible regulations concerning the signs, which she believes could distract drivers. Hudson …

Emerson, Reid & Co. Acquires Benefitport MidAtlantic

New York-based Emerson, Reid & Co. said it has acquired N.J.-based general agent BenefitPort MidAtlantic for an undisclosed amount. The acquisition of BenefitPort, which distributes group products to small and large businesses through independent agents and brokers, should add around …

S.C. Lifts Fire Alert, Says Lengthier Fire Season on Deck

The South Carolina Forestry Commission has lifted a red flag fire alert that recommended no burning outside. The alert was posted about a week ago because of brisk winds and low humidity, ripe conditions for wildfires. Conditions were better Monday …

Liberty Mutual Agency Markets’ Parker Named Top Fraud Investigator

Liberty Mutual Agency Markets recently announced that senior special investigator Barbara Parker was honored by the National Society of Professional Insurance Investigators (NSPII) with the 2007 F. Lee Brininger Award, which annually recognizes one insurance professional’s outstanding contribution to the …

N.Y. Board Seeks Major Change in Workers Comp for Self-Insured

The New York State Workers’ Compensation Board has issued a new report that calls on lawmakers to make “sweeping changes” in the way self-insured claims are secured in the Empire State. The report recommends replacing the current approach to self-insurance, …

Colemont Adds Broker in Chicago Office

Colemont Insurance Brokers recently announced that it had promoted Andrea Watkins to broker in Colemont’s Chicago office. Watkins joined Colemont in 2004 as part of a casualty brokerage team. Previously she spent two years as a marketing associate for a …