Monthly Archives: <span>August 2010</span>

Washington Working Harder to Combat Insurance Fraud

In advance of a rate announcement expected in September, Washington’s Department of Labor and Industries said it is working to “transform itself” by strengthening fraud fighting efforts, helping distressed employers and driving down costs internally through efficiencies. The agency recently …

Fautenberry joins Gallagher Benefit Services

Thea Fautenberry has joined Gallagher Benefit Services in Tacoma, Wash., as an employee benefits client consultant. Fautenberry brings more than 25 years of employee benefits and human resource experience to Gallagher, having worked in the employee benefits arena for a …

University Study of P/C Insurers Finds Bad CEOs Can Wreck Companies

When companies go out of business, their leaders often blame something other than their own performance for the failure. Lehman Bros.’s CEO Richard Fuld said his immense compensation package had nothing to do with his firm’s death in 2008. Ken …

Erie Promotes Two Senior Executives

Pennsylvania-based Erie Indemnity Co. has appointed two executive vice presidents. John F. Kearns has been appointed to the newly created position of executive vice president of Sales & Marketing. He will oversee the company’s Sales & Agency and the Strategic …

Florida-based Unisouce Aquired

Texas. U.S. Risk, a privately owned specialty lines underwriting manager and wholesale broker headquartered in Dallas, Texas, today announces the acquisition of Sarasota Florida based Unisource Program Administrators. The acquisition doubles the size of U.S Risk’s workers’ compensation written premium …

CNA Adds Nine Endorsements for Small Business Customers

CNA has added nine new choice endorsements to its customized insurance solutions for small business clients. CNA Connect, the global business insurer’s flagship property and liability package policy for small businesses, now offers a total of 16 choice endorsements. The …

Illinois Town Marks 20th Anniversary of Deadly Tornado

Survivors of a deadly tornado that roared across the northern Illinois village of Plainfield have marked the storm’s 20th anniversary. About 200 people gathered Aug. 28 for a ceremony that was held near downtown Plainfield on a spot that was …

5 Years After Katrina Gulf Coast Building Codes Still Inadequate

Five years ago, Hurricane Katrina caused an estimated 1,300 tragic deaths as well as $41.1 billion in insured losses across six states. Louisiana and Mississippi suffered the brunt of Katrina’s wrath followed by Alabama. As we commemorate this terrible event …

Oklahoma Enhances Online Producer Licensing Process

The Oklahoma Insurance Department has a newly-enhanced Producer Licensing Division Web page designed for easier navigation and to provide straightforward posting of current information and notices affecting licensees. It also includes improved access to licensing programs and tools. The changes …

UN Climate Panel Urged to Reform, Stick to Science

The U.N. climate panel should only make predictions when it has solid scientific evidence and avoid straying into policy advocacy, a group of national science academies said in a report Monday. The U.N. Intergovernmental Panel on Climate Change (IPCC) was …