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

Charitable Foundation to Honor Fireman’s Fund’s Heritage Program

The Insurance Industry Charitable Foundation (IICF) has announced that Fireman’s Fund Insurance Co.’s philanthropic initiative, the Heritage Program, will be honored at the Foundation’s Annual Benefit Dinner. The Heritage Program, established in 2004, is a renewed social commitment to the …

Employers Holdings Reports Q4 Income of $20M

Reno, Nev.-based Employers Holdings Inc. has reported fourth quarter net income of $20.1 million compared with $11.3 million in the fourth quarter of 2009, an increase of $8.9 million in net income. The company said net income in the fourth …

Allstate Accelerates California Recruiting

Allstate Insurance Co. announced it plans to add 120 new agency owners in California during 2011, in an “aggressive recruiting campaign” in the state. Allstate signed on 44 new California “exclusive agents” in 2010 and 17 in 2009. Additionally, Allstate …

Crouse & Associates Adds Cardoso as Senior Broker

Crouse and Associates Insurance Services has added Frank Cardoso to its Production Team as a senior property and casualty broker in the company’s Fresno, Calif., office. Cardoso recently worked in the Fresno office of American E&S, and with Network E&S …

Oklahoma Lawmakers Aim to Increase Consequences for Uninsured Motorists

To increase the incentive for all Oklahoma drivers to carry mandatory liability auto insurance, a House of Representatives committee voted to prohibit uninsured drivers from being able to sue for vague “pain and suffering” damages after an accident. “There have …

Calif., Colorado Consider Banning ‘Crash Taxes’

Legislators in both California and Colorado have proposed new laws that would prohibit communities from charging a fee when police and fire personnel respond to motor vehicle accidents. The city of Sacramento recently adopted just such a “fire recovery charge” …

Ohio Insurance Department Financial Regulation Director to Retire

The Ohio Department of Insurance announced the retirement of Bill Rossbach, an integral part of the department’s Financial Regulation operation for the past 35 years. Rossbach most recently served as chief regulatory officer. Rossbach joined the Financial Regulation staff in …

Homeowners Choice Begins Expansion to Alabama

Homeowners Choice, Inc. a Florida-based insurance holding company, has taken initial steps to enter the Alabama homeowners insurance market, its first market outside of Florida. According to the company, it expects to satisfy the Alabama regulatory requirements and begin operations …

Supreme Court Allows Lawsuits Over Seat Belts

The U.S. Supreme Court ruled that federal regulations setting vehicle safety standards do not bar lawsuits seeking damages from automakers for installing lap-only seat belts. The unanimous ruling held that a California lawsuit against Mazda Motor Corp. over a fatal …

NAS to Offer Low Deductibles for Medical Practice EPLI Insureds

For medical risks seeking employment practices liability coverage, NAS Insurance Services offers a $2,500 SIR, competitive premiums, and provides policyholders with risk management tools and resources. The broad policy definition of employees includes locum tenens. Stand alone D&O is offered …