Monthly Archives: <span>August 2009</span>

State Auto to Sell Insurance Software Subsidiary to NuGrowth

Columbus, Ohio-based State Auto Financial Corporation, a super regional property and casualty insurance holding company, announced it will sell its Strategic Insurance Software (SIS) subsidiary to NuGrowth Solutions, a software sales and development company also headquartered in Columbus. SIS was …

Georgia-Based Braemar Marine to Offer Global Surveying, Adjusting Services

Braemar Shipping Services has launched a new subsidiary called Braemar Marine, which will provide marine surveying and adjusting services to the global maritime, transportation risk and insurance markets. Braemar Marine began operations on Aug. 1 from its headquarters in Atlanta, …

Central Texas MGA Adds New Carriers for Various Product Lines

Tejas American General Agency (TAGA), an independent privately-owned managing general agency based in the Austin, Texas, area, has recently added three new markets – Insurors Indemnity, Gotham Insurance Company and Accident Fund – which provide access to coverage for a …

Specialty Risk Associates Is Expanding Management Team

Louisiana-based insurance wholesaler, Specialty Risk Associates Inc., announced several changes to its management team that will become effective Sept. 1. Thomas Garland was named chief operating officer. Garland joined Specialty Risk in 2004 as vice president of Marketing and Underwriting …

Major Ohio County to Offer Benefits to Workers’ Domestic Partners

One of Ohio’s largest counties plans to offer health coverage to the partners of its gay and unmarried employees. Franklin County commissioners in Columbus voted unanimously on Aug. 18 to extend domestic partner benefits beginning Jan. 1. Those eligible will …

Labor Dept.: Gerber Settles Hiring Case at Arkansas Plant

Gerber Products Co. in Fort Smith, Ark., will pay $900,000 to settle accusations of hiring practices that discriminated against women and minority-group applicants, the U.S. Department of Labor said. The agreement covers 1,912 rejected minority and female applicants for jobs …

Kentucky League of Cities Insurance Board Cuts Ties to Law Firm

A Kentucky League of Cities agency has stopped using a law firm where the husband of the League’s executive director works. The Lexington Herald-Leader reports the League’s Insurance Services board decided last week to immediately stop using the firm of …

North, South Carolina Home Burglary Gang Busted

Federal law enforcement officials say they have busted a home burglary gang that operated for several years in North Carolina and South Carolina. The ring is believed responsible for hundreds of home burglaries and hundreds of thousands of dollars in …

Family Health Insurance Premiums Seen Rising 94% by 2020

Nationally, family premiums for employer-sponsored health insurance increased 119 percent between 1999 and 2008, and could increase another 94 percent to an average $23,842 per family by 2020 if cost growth continues on its current course, according to a new …

Watkins Appointed as New President of Lloyd’s North America

Lloyd’s has selected Hank Watkins as the new President for North America. He takes over from LoriAnn Lowery who resigned from the position last June after a little more than a year on the job [See IJ web site – …