Yearly Archives: <span>2008</span>

Millea to Reorganize Kiln; Close Vetra Investment Vehicle

Japan’s Millea Holdings, Inc., (Tokio Marine and Nichido Fire) announced plans to reorganize the Bermuda-based Kiln Group, which it agreed to acquire last December (See IJ web site – https://www.insurancejournal.com/news/international/2007/12/14/85660.htm). The group will also wind up its Vetra investment vehicle. …

Arthur is Season’s First Named Storm

As hurricanes go, it isn’t, but tropical depression Arthur has nonetheless won the distinction as the the first named storm of the current season. The most recent – and last – bulletin from the National Hurricane Center in Miami, indicated …

Georgia Tornado Victims Get $600,000 in Federal Disaster Assistance

Federal officials approved for more than $600,000 in federal disaster aid for Georgia residents affected by tornadoes that tore through the state in May. A news release from the Federal Emergency Management Agency says 3,300 victims of the Mother’s Day …

How to Get Started with Online Lead Generation

Starting with online lead generation as an insurance agent is a simple process. If you are tired of attempting to generate leads on your own, it is time to turn to a professional service company to lend you some assistance. …

Highway Crash Injuries in U.S. Continue to Decline Every Year

The number of people injured in crashes on U.S. highways has declined every year since 1995, according to federal officials. Transportation Secretary Mary E. Peters noted that there were 4.8 percent fewer injuries in 2006 (2,575,000) than in 2005. The …

State Insurance Commissioners Donate to Calif. Children’s Charity

The National Association of Insurance Commissioners (NAIC) has selected San Francisco’s Edgewood Center for Children and Families as the official charity for its 2008 Summer National Meeting. This selection is part of the NAIC’s year-long charitable initiative to support organizations …

Union General Offers Homeowners Associations Coverage

Union General of Concord, Calif., has an “A+” rated carrier offering coverage for common area exposure for homeowners associations. Pricing is on a per unit basis. Limits up to $2 million occurrence/$3 million aggregate are available. Coverage is available for …

PPIB Offers Cosmetic Products Liability Program

Professional Program Insurance Brokerage in Novato, Calif., has introduced a cosmetic products liability program. PPIB has appointed New Jersey-based Marine Agency Corp. as the exclusive managing general agent for the plan. The program will cover those selling both name brand …

Monarch E&S Offers Accountants Professional Liability

Monarch E&S Insurance Services is offering an accountants professional liability program in California. Policy coverage features include first dollar defense; personal injury; additonal claims expense limit; aggregate deductible; and other for defense outside the limit. Coverage may be enhanced to …

Missouri Governor Names Bohrer Acting Director of Insurance Department

Gov. Matt Blunt recently announced that Linda Bohrer will serve as acting director for the Department of Insurance, Financial Institutions and Professional Registration. Bohrer started working for the department in 1994 and currently serves as director of the department’s Insurance …