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

Even If Irene Stays Offshore, Insurance Claims Could Be Significant: Willis

While it’s still unclear if Hurricane Irene will make landfall or stay offshore the East coast this weekend, a storm its size can create significant storm surge and will likely result in significant personal and commercial property claims, a major …

Glatfelter Launches Program Unit; Seifert Joins as President

York, Penn.-based Glatfelter Insurance Group has formed Glatfelter Program Managers, a new strategic business unit dedicated to its program business. Arthur Seifert, most recently with Southwest Insurance Partners Inc. and its Beacon Hill Insurance Agency, is joining Glatfelter to be …

Stacey Named CEO of Ohio’s Britton-Gallagher & Assoc.

Lee Stacey has been appointed president and chief executive officer of Britton-Gallagher & Associates Inc., one of Ohio’s largest privately owned insurance brokers. He assumes many of the current duties of Bruce H. Ball, who becomes Britton-Gallagher’s chairman and will …

‘Friday Night Lights’ Star Featured in PSAs Supporting Texas Firefighters

Actor Kyle Chandler has taped public service announcements for Texas volunteer fire departments needing money after an intense year of wildfires. Chandler, who plays a West Texas football coach in the television series “Friday Night Lights,” recently taped the spots …

Illinois Granted $5.1M for Insurance Exchange

The Illinois Department of Insurance has been awarded a $5.1 million federal grant to develop and maintain a health insurance exchange where consumers can shop for coverage. The nation’s new health care law requires the exchanges to be running in …

California Court Denies Appeal of Closely-Watched Workers’ Comp Case

The California Supreme Court has rejected an appeal of a case many workers’ compensation insurers and businesses were hoping would be reversed. Yesterday, the Supreme Court announced that it was not going to review the decision of the Fifth District …

Texas Medical Liability Trust to Reduce Rates, Pay 18.5% Dividend

Texas Medical Liability Trust announced a rate reduction for TMLT policyholders and an 18.5 percent dividend for renewing policyholders, effective Jan.1, 2012. The average rate decrease will be 6.9 percent, but will vary by specialty and the geographic location of …

Company Ordered to Pay $300K to Texas Mutual Insurance

Texas Mutual Insurance Co. reported that Bar H Concrete Inc. of Sulphur Springs pleaded guilty to workers’ compensation fraud-related charges. A Travis County district court ordered Bar H Concrete to pay $300,000 in restitution to Texas Mutual. Texas Mutual provided …

Paul Davis National Names Swiggum as President

Paul Davis National, the large loss specialists for Paul Davis Restoration, has named Lloyd Swiggum as president of the company. Based in Fort Worth, Texas, Swiggum will be responsible for overseeing the commercial and industrial property damage restoration organization and …

Insurance to Pay Part of Joplin Schools’ $30M Tornado Cost

The Joplin School Board has begun paying the massive bills caused by destruction from the May 22 tornado. The school board approved payment of nearly $30 million for the month of July and about half of August. The district’s typical …