Yearly Archives: <span>2008</span>

Nautilus Insurance Makes Management Promotions

Scottsdale, Ariz.-based Nautilus Insurance Group, comprised of Nautilus Insurance Co. and Great Divide Insurance Co., member companies of W. R. Berkley Corp. announced the following promotions: Veronica Monteilh was promoted from assistant vice president-underwriting to vice president-underwriting for the north …

North Carolina Couple Charged in Insurance Fraud Case

North Carolina Department of Insurance investigators arrested a Bertie County couple June 13 for alleged insurance fraud, according to Insurance Commissioner Jim Long. Officials processed Rachelle Lunch Lee, 33, and Edward Earl Lee, 35, of Kelford, N.C. at the Bertie …

Where to Turn for Insurance Lead Generation?

Are you having a difficult time selling new policies? Are leads hard to come by due to all the competition in your area? If so, you can make one minor change that will send your sales and profits through the …

Insured Property Value in Hurricane-Prone States to Double in 10 Years

In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide …

AIG Chief Sees ‘No Sacred Cows’ in Turnaround Plan

When former Citigroup executive Robert Willumstad lays out his turnaround plan for insurer American International Group in September, it will likely include plans to shed some of the sprawling group’s non-insurance entities. Willumstad, who was tapped late on Sunday to …

North Carolina Gov.’s 2nd Request for Federal Aid Hits Home

North Carolina Gov. Mike Easley asked the Federal Emergency Management Agency, for a second time, to help pay the escalating costs of fighting the Evans Road Fire in three eastern North Carolina counties. The fire started June 1 and has …

Indiana Commissioner Calls for 60-day Moratorium on Cancellation of Policies

Indiana Insurance Commissioner Jim Atterholt issued a bulletin today (June 17) calling on all insurance companies doing business in Indiana to implement a 60-day moratorium on the cancellation of any insurance policy for late payment by policyholders who live in …

Kentucky Gov. Appoints Workers Claims Administrative Law Judges

Kentucky Gov. Steve Beshear appointed two new administrative law judges in the Department of Workers Claims. Beshear appointed private practice attorney Joseph W. Justice, of Pikeville. The appointment replaces John W. Thacker, whose term has expired. The governor also appointed …

Cline Wood Agency Names Boan Transportation Manager

Cline Wood Agency appointed Jeff Boan Transportation sales manager for the company’s southwest sales region — Texas, Oklahoma, Arkansas and Louisiana. In addition to leading Cline Wood’s Arlington, Texas, office, Boan will continue concentrating on sales. Boan joined Cline Wood …

Morriss Wins Texas Independent Agents’ Drex Foreman Award

Texarkana life-long independent insurance agent Don Morriss, was named winner of the highest award given by the Independent Insurance Agents of Texas (IIAT) at the 111th Annual Conference & Trade Show. Morriss is president of Offenhauser & Co., an independent …