June 9, 2010
OnPoint Underwriting, a managing general agency, now has the ability to write tribal surety with a large carrier with more than 15 years of experience serving tribal nations. The carrier, rated “A” with A.M. Best, “A+” with Fitch and “A” …
June 9, 2010
Property repossessed by a financial institution after foreclosure may stay vacant or unfinished for months or years, making it susceptible to various types of damage. According to RealtyTrac, the leading online marketplace of foreclosure properties, more than 932,000 properties received …
June 9, 2010
Maywood, Calif.’s insurance agency has terminated the city’s policy, citing two recent officer-involved shootings and its failure to hire a new city manager. The California Joint Powers Insurance Authority announced it would end Maywood’s general liability and workers’ compensation coverage …
June 9, 2010
Worldwide Facilities Inc. has hired Esmeralda Temores in the Los Angeles headquarters as vice president- broker, responsible for brokering business and underwriting for all lines. Temores began her insurance career in 2000 at Western Security Surplus in Pasadena, Calif. While …
June 8, 2010
J.P. Schmidt, Insurance Commissioner of the State of Hawaii, announced he be leaving his position to join the Honolulu law firm of Bays Deaver Lung Rose Holma, effective July 1. Schmidt will be practicing general business, corporate and government regulatory …
June 8, 2010
OneBeacon Professional Insurance has entered into an exclusive arrangement with USI Affinity to administer its Lawyers’ Professional Liability (LPL) insurance program, which provides liability protection solutions for law firms with up to 20 lawyers in Connecticut, Massachusetts, Maryland, Virginia and …
June 8, 2010
Officials from Colorado’s state-chartered workers’ compensation insurer Pinnacol Assurance have some explaining to do. The Legislative Audit Committee recently met to go over the company’s financial performance and lawmakers want to ask CEO Ken Ross about a golf trip to …
June 8, 2010
The Hartford has named William Awad as the company’s chief technology officer. Awad will drive enterprise technology strategy and policy across the company. He will also define the overall architectural direction and standards for the company, and have management responsibility …
June 8, 2010
Tammy Armer, commercial and farm underwriter with Westphalen Insurance Services, has been elected president of the Central Oklahoma Chapter of CPCU Society. Also elected were: Vice President David Wilhite, project manager with Farmers Insurance; and Secretary-Treasurer Brad Fast, marketing representative …
June 8, 2010
An affiliate of The Hartford has paid nearly $67,000 in restitution to policyholders in Virginia, following an investigation by state regulators over premiums charged by Trumbull Insurance Co. The company agreed to a settlement in which it repaid the money …