Monthly Archives: <span>January 2011</span>

Zurich’s ‘Pushing the Boundary’ Report Focuses on Risk ‘Uncertainty’

A new report from Zurich Financial Services notes that in contrast to the “bulk of risks faced by the corporate sector,” which are more or less “easily identified,” and can thus be dealt with, “there is a class of risks …

China’s Continental, Korea’s Daewoo INS Join Assurex Global Broker Network

Assurex Global, the worldwide broker network, announced that it has added two new firms to the network: Continental Insurance Brokers Limited (CIB), with headquarters in Beijing, China, and Daewoo INS Korea Corp. in Seoul, South Korea. “We continue to expand …

Best Affirms RSA, Operating Companies, Ratings

New Florida Agency Formed After Long-Term Partners Split

The Connelly, Carlisle, Fields & Nichols insurance brokerage firm, a member of the Aliant Insurance Group, began operations this month at its corporate headquarters in Clearwater, Florida. The new firm comes after the split of long-term partners John Connelly and …

Auditors Successful in Defending Against Investor Lawsuits

Investors looking to pin blame on auditors for failing to flag risks ahead of the credit crisis are having a hard time getting their cases to stick. All of the “Big Four” auditors have been sued by investors who collectively …

Main Street America Appoints Fox as General Counsel

The Main Street America Group has appointed Bruce Fox to serve as the group’s general counsel. Fox has been serving as corporate counsel for the property and casualty group since 2007. He will report to Main Street America chairman, president, …

Court Upholds Florida Regulator in Denial of Texas Insurer

A Texas-based workers’ compensation insurer has lost its appeal of rulings by the Florida insurance commissioner that have blocked it from doing business in the state. On Jan 20, without explanation, a three-judge panel in Florida’s First District Court of …

November Elections Brought Insurance Power Shift

The Republican takeover of the House of Representatives bodes well for the insurance industry, according to one leading Washington insurance lobbyist. “I think it will be an environment that will be a little more balanced for the pro business viewpoint. …

K&K Names Holloway Southeast Sales Representative

K&K Insurance has appointed Stuart Holloway as regional sales representative for its Southeast territory. The territory includes Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, Virginia and West Virginia. K&K, is a division of Aon Underwriting Managers and …

Oklahoma Lawmaker Proposes Texting While Driving Ban

Texting while driving would be illegal in Oklahoma under a bill being proposed in the House. State Rep. Danny Morgan, D-Prague, unveiled the bill Jan. 19, flanked by members of law enforcement, health officials and insurance and wireless telephone company …