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

U.S., AIG Exit Plan Faster, Riskier, Perhaps Profitable for Taxpayers

American International Group Inc. laid out a plan Thursday that sets the insurer on an accelerated path for payback of bailout money, but it also increases the risk for the U.S. government. The plan, which comes a little over two …

Nicole Kills 12 in Jamaica; Remnants Drench East Coast

The remains of Tropical Storm Nicole battered the U.S. Atlantic Coast like a hurricane as it moved from the Carolinas to New England on Friday. Nicole was a minimal tropical storm for just six hours Wednesday, but the broad, ragged …

Best West Agency to Work For: Chapman Insurance Group

It’s easy to feel good about your job when you’re helping people that help underserved communities. That’s why Greg Chapman, president of Chapman Insurance Group didn’t seem all that surprised that his agency was selected as the Insurance Journal Best …

Five Star Specialty Programs Launches Healthcare Practice

Five Star Specialty Programs, a division of Crump Insurance Services Inc. and part of Crump Group Inc., announced it is launching a new health care practice based in Sacramento, Calif. The practice, known as Five Star Healthcare represents an expansion …

Best Midwest Agency to Work For: R.H. Wine & Co.

A few years back, R.H. Wine & Co., the parent corporation of Wine Sergi Insurance, had become big enough that some thought it might become a takeover target. Management worried that having that prospect hanging over their heads might demoralize …

Best Southeast Agency to Work For: Seitlin

The employees at Florida-based insurance agency and advisory services firm Seitlin appreciate their salaries, bonuses and wellness program. But for them, their working environment is exemplary not just for what the agency does for them but also for what the …

Judge Keeps TWIA Ike Settlement Information Private for Now

Galveston County Judge Susan Criss on Sept. 27 put on hold a Texas state representative’s request for information from the Texas Windstorm Insurance Association regarding a $189 million settlement in a class action lawsuit stemming from Hurricane Ike. The Texas …

Calif. Governor Vetoes Workers’ Comp Measure

California Gov. Arnold Schwarzenegger has vetoed a workers’ compensation measure that would have required a physician who conducts a utilization review of workers’ comp medical treatment to be licensed in California (AB 933). “Such a requirement would be inconsistent with …

Best South Central Agency to Work For: Bryan Insurance Agency

“I would never consider leaving this agency for another job.” That’s what one obviously very happy employee said of Bryan Insurance Agency in Graham, Texas, one of Insurance Journal’s 2010 Best Agencies to Work For. That employee was not alone …

Best East Agency to Work For: KMRD Partners Inc.

When Kevin McPoyle and Robert Dietzel founded their namesake independent agency, KMRD Partners Inc., six years ago, they aimed to create a unique business model that blended high-level expertise in risk management techniques with an agencywide emphasis on relationship-building. And …