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

Money, Insurance May Stop Oklahoma Woman from Keeping Pet Kangaroo

An Oklahoma woman who asked her local city council for permission to keep her pet kangaroo says proposed changes to the law meant to help her keep the animal may be too costly. The Broken Arrow City Council tabled Christie …

Missouri Insurers Say 15,000 Cars Stolen in 2010

An insurance group says car thieves in Missouri targeted the Ford Taurus more than any other car in 2010. Citing numbers from the Missouri State Highway Patrol, the Missouri Insurance Information Service says more than 15,000 vehicles were stolen last …

Texas Science Panel Adopts Arson Recommendations

A state panel in Texas has recommended more education and training for fire investigators following its review of a case involving a Texas inmate executed after a fire labeled arson killed his three daughters. The Texas Forensic Science Commission also …

How P/C Insurance Industry Fared Financially in 2010

U.S. property/casualty insurers’ net income after taxes rose to $34.7 billion in 2010 from $28.7 billion the year before, with insurers’ rate of return on average policyholders’ surplus increasing to 6.5 percent from 5.9 percent. Policyholders’ surplus rose $45.5 billion, …

Sweeney Named Vice President for TD Insurance

TD Insurance has named Mark P. Sweeney as vice president in Providence, Rhode Island. He is responsible for new client development as well as the management of health and welfare plans for clients in the commercial and middle market segments. …

Termini Joins Markel in Virginia

Specialty insurer Markel appointed John Termini as managing director for its environmental product line. Termini, based in Richmond, Virginia, has 20 years of insurance experience and most recently served as vice president and director of environmental liability for Aspen Specialty. …

Blair Joins International Practice of J. Smith Lanier in Georgia

J. Smith Lanier & Co. has appointed Rosemary Blair as the new senior vice president of International Practice. Based out of J. Smith Lanier’s Atlanta office, Blair will assist producers with their international clients, as well as help manage global …

Young Agents look for opportunity… and a future

Come along for a ride with me… or better yet, join me for a cup of coffee in my office, as we discuss articles from the April 4th issue of Insurance Journal magazine about Young Agents and the industry’s future. …

P/C Insurers Keeping an Eye on Congress

While lobbyists see few direct threats to the property/casualty insurance industry in the current Congress, P/C insurers have been advised to remain vigilant because several issues that could have a spillover effect on them. Despite federal policymakers’ focus on the …

Chartis to Shift Asbestos Liabilities to Berkshire’s National Indemnity

American International Group said today that its global property/casualty insurer Chartis will transfer the bulk of its legacy asbestos liabilities to National Indemnity Co. (NICO), a subsidiary of Berkshire Hathaway Inc. Chartis said the transaction is part of its ongoing …