Monthly Archives: <span>August 2008</span>

Employers Holdings Amends Merger Deal with AmCOMP over Florida Refunds

Reno, Nev.-based Employers Holdings Inc. has agreed to an amendment to the terms of its pending acquisition of AmCOMP Inc. that accounts for a regulatory ruling requiring policyholder refunds in Florida. In connection with the amendment to the merger agreement, …

No Absolutes in Agency Training and Recruitment

Recruiting and staffing in the insurance industry has never been as “hot” as it is right now, said Susan Henry, senior vice president, The Jacobson Group, an executive search, professional recruiting and interim staffing firm with a focus on the …

Florida Insurers Update Claims Numbers on Fay’s Heels

The Florida Office of Insurance Regulation reported the latest claims tallies as of today (Aug. 29) for five of the state’s highest volume insurers. As of 9 a.m. EDT, state-backed Citizens Property Insurance Corp. reported a total of 3,118 homeowners’ …

New Orleans Remembers 3rd Anniversary of Hurricane Katrina

According to the office of the mayor, the city of New Orleans has revised its schedule of events commemorating the third anniversary of Hurricane Katrina today, Friday, Aug.29 due to the threat and ongoing preparation for Hurricane Gustav. The city …

AAA Chicago Forecasts Slight Decrease in Labor Day Holiday Travel

AAA Chicago projects a slight decrease in the number of Americans traveling during the Labor Day holiday weekend. Nearly 34.38 million Americans will travel 50 miles or more from home this Labor Day holiday weekend, down 0.9 percent, or almost …

Markel’s Albanese Moves to U.S.; Stovin, Brazil Promoted

Markel Corp. announced that Gerry Albanese, president and chief operating officer of Markel International since 2003, will return to the United States to assume a senior executive position with Markel Corp. William Stovin will replace Albanese as president and chief …

Nebraska County Rejects Anti-Drunken Driving Grant

The Gage County Board of Supervisors has again rejected a grant to hire an attorney to prosecute alcohol-related crime. The board says it would cost the county too much in the long run because the grant did not cover insurance …

Connecticut Says Use of Fake Auto Insurance Cards Growing

Counterfeit auto insurance cards have been a problem for years, say Connecticut insurance officials, but recently, the department’s fraud and investigations’ divisions have been seeing seen a lot more of the cards. All Connecticut drivers are required to carry the …

Louisiana Insurance Commissioner Says Department on Alert for Gustav

Louisiana Insurance Commissioner Jim Donelon held a press on Thursday, Aug. 28 to discuss the preparations made by the Department of Insurance (DOI) in the event the state is impacted by Gustav as a major hurricane. The storm is expected …

Man Denied Meds in Dallas Jail Awarded Nearly $1 Million in Lawsuit

A jury has awarded nearly $1 million to a man left partially paralyzed from a stroke after being denied proper medical care in the Dallas County Jail. The $900,000 judgment Tuesday is thought to be the largest jury verdict for …