April 21, 2010
Lockton Financial Advisors and Lockton Investment Advisers has expanded its Dallas-based retirement practice. Glenn Able joins the Lockton retirement team as vice president. Able has more than 24 years of experience in the financial services industry with an extensive background …
April 21, 2010
Hallmark Financial Services Inc., an insurance holding company based in Fort Worth, Texas, has promoted James A. Damonte to serve as president of its Heath XS subsidiary. Damonte will have responsibility for the day-to-day operations and future direction of Heath …
April 21, 2010
Oklahoma State Rep. Ken Luttrell is proposing a complete overhaul of Oklahoma’s worker’s compensation system that would result in sending all workers’ compensation claims to district civil courts. Luttrell has filed an amendment to Senate Bill 1973, expected to be …
April 21, 2010
The Supreme Court of Texas has decided against a proposal that would have required attorneys in the state to disclose whether they have professional liability insurance. In a recent letter to State Bar President Roland Johnson, Chief Justice Wallace B. …
April 21, 2010
A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Indianapolis, Ind.-based Baldwin & Lyons Group, which includes Protective Insurance Co. and its wholly owned subsidiary, Sagamore Insurance Co. …
April 21, 2010
Hylant Group, a privately owned insurance brokerage firm headquartered in Ohio, has hired Jackie Iwanski as manager of Health and Wellness Strategies in the firm’s Employee Benefits Practice. Iwanski will develop a series of interactive health and wellness programs, establish …
April 21, 2010
Bank style regulation on property/casualty insurers would lead to significant policy error, says a leading insurance industry econmist. “Bank style regulation would needlessly raise insurance costs for hundreds of millions of insurance consumers and could unfairly require insurers to subsidize …
April 21, 2010
Michigan insurance officials and Allstate Insurance Co. are warning consumers of an international mail fraud scheme using counterfeit checks with Allstate’s name on them. The Michigan Office of Financial and Insurance Regulation (OFIR) said one if its employees received a …
April 21, 2010
Martha A. Lees has been named deputy superintendent and general counsel of the New York State Insurance Department. She advises the superintendent on legal matters and oversees the preparation of legal opinions, the promulgation of regulations and the management of …
April 21, 2010
Up to a dozen crew members were missing and at least seven were critically injured after an explosion and fire late on April 20 hit a Transocean drilling rig that was working off the Louisiana coast, the U.S. Coast Guard …