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

Mercury General Reports Q2 Net Premiums Written Down 1 percent

Mercury General Corp. reported it spent $12.1 million in the second quarter of 2010 supporting Proposition 17, a California ballot initiative that did not pass. Nevertheless, the Los Angeles-based insurer reported net income in the second quarter 2010 was $17.8 …

Towers Watson: Gulf Oil Spill not a Major Event for P/C Insurers

The Deepwater Horizon disaster in the Gulf of Mexico will not be a major event for the property/casualty insurance industry, but it may spur tightening of insurance terms and prices in the energy sector, according to global professional services company …

London’s Oxygen Insurance Appoints Rowlands Head of Office

Oxygen Insurance Brokers, a subsidiary of Oxygen Holdings plc, has appointed Simon Rowlands as head of office, Oxygen Corporate Risks, (Leeds). Rowlands recently joined Oxygen as senior client director from Barlett. He is a fellow of the Chartered Insurance Institute …

Ohio Insurance Department Recovered $11.4M for Consumers in 2009

Claim denials were the number one complaint of Ohio insurance consumers in 2009, according to statistics released by the Ohio Department of Insurance. Nearly one-third of the 5,453 consumer complaints received by the department dealt with the denial of insurance …

Higginbotham & Associates Adds Havran and Schneider

Texas-based regional independent insurance brokerage firm, Higginbotham & Associates, has recruited insurance brokers Blake Havran and Brian Schneider to its Commercial Property & Casualty Division. Both are account executives based in the firm’s Fort Worth home office. Havran was most …

United Heartland Names Walsh VP of Claims and Managed Care

United Heartland, based in New Berlin, Wis., has appointed Patrick Walsh as vice president of Claims and Managed Care. Walsh has joined United Heartland’s executive team and is responsible for setting the strategic direction and executing operational plans for continual …

Federal Judge Lets Virginia Challenge to Obama Healthcare Law Proceed

A U.S. judge Monday refused to dismiss a challenge by the state of Virginia to President Barack Obama’s landmark healthcare reform law, a setback that will force his administration to mount a lengthy legal defense. In the opening salvo of …

Cooper Gay Touts Ambitious Plan for New Business

Fresh off of its merger with U.S. wholesale insurance broker Swett & Crawford, London-based Cooper Gay says it plans to double the number of binding authorities it handles worldwide within three years, following the appointment of James Kininmonth as managing …

Marsh Names 59 Managing Directors in U.S., Canada

Marsh announced the appointment of 59 new managing directors in North America. The members of the Marsh 2010 Class of Managing Directors work within a number of different risk practice and industry groups and are located throughout the United States …

Korducki Elected President of Sunshine State Insurance in Florida

Stephen A. Korducki, a senior insurance and reinsurance executive, has been elected president and CEO of Sunshine State Insurance Co., Inc. (SSIC), a homeowners insurance writer in Florida. Korducki succeeds John E. Rogan who is retiring after leading the company …