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

CompSource Oklahoma Fights Competitor’s Open Records Request

Non-profit workers’ compensation insurance carrier, CompSource Oklahoma, announced that it has asked a court to deny a competing carrier’s request for access to CompSource records. The petition in the District Court of Oklahoma County is in response to three open …

Forfeiture Postponed in Ex-Pennsylvania Judge’s Fraud Case

A federal court forfeiture hearing has been postponed in the case of a former Pennsylvania Superior Court judge convicted of insurance fraud, because the judge’s wife has hired a new attorney to try to prevent their home from being seized. …

Settlement Deadline Extended for Ground Zero Responders

Thousands of ground zero responders are being given more time to decide whether to settle lawsuits over their exposure to potentially toxic dust from the ruins of the World Trade Center, lawyers in the case said. The lawyers said they …

K&K Insurance Names Bixler as President, CEO

K&K Insurance named Todd Bixler as president and CEO, effective Sept. 1, 2010. Bixler joined K&K Insurance in 1986 as controller, responsible for financial reporting and accounting operations. His subsequent positions of increasing responsibility with K&K included chief financial officer, …

Connecticut Insurance Regulators Requiring Data Breach Notification

Five days. That’s how quickly agents and insurers must now notify Connecticut insurance regulators about a possible leak of clients’ personal information. The new bulletin, released earlier this month, follows a string of incidents in the Nutmeg State in which …

IA&B Groups Elects New Officers and Directors

The Insurance Agents & Brokers, a partnership of agents’ associations in Delaware, Maryland and Pennsylvania has elected new directors. Chairman David Rosenkilde, of ABCO/ICS Insurance Services Inc., in Reisterstown, Maryland, and Vice chairman Robert B. Hall, of Francis Hall Insurance …

Manulife, Ace among Bidders for NY Life Asia – Sources

Canadian insurer Manulife Financial Corp and Switzerland’s Ace Ltd are among bidders for New York Life Insurance Co’s Hong Kong, Taiwan and South Korean assets, sources said, in a deal valued between $800 million and $1 billion. Unlisted NY Life …

Report AIG Decides against Strategic Investor for AIA

American International Group has scrapped plans to sell a strategic stake in its Asian life insurance business, AIA, ahead of its initial public offering, a source familiar with the process said on Friday. About four consortiums consisting of Chinese investors …

AWISpro Names Fisher Allied Healthcare Specialist

AWISpro, the executive, professional, and environmental risk division of Arrowhead Wholesale Insurance Services LLC, has hired Toby Fisher as allied healthcare specialist to expand the capabilities of the business unit to create opportunities for the company’s agents to grow their …

Wholesale Trading Co-Op Launches to Serve Large Brokers

Edgewood Partners Insurance Center (EPIC) and one of its co-founders John Hahn and industry investor Jeff Cappel, announced the formation of Wholesale Trading Co-Op Insurance Services LLC (WTC), a boutique wholesale brokerage firm that will serve approximately 30 large, privately …