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Aug 7 2006 // Companies step up to take Texas Select policyholders Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the...

Julie Benafield Bowman, Arkansas, Commissioner of Insurance

Aug 7 2006 // Like insurance commissioners in other states, Arkansas Insurance Commis-sioner Julie Benafield Bowman, is keeping an eye on catastrophe issues and the availability of insurance related to them. Unlike commissioners in...

Aug 7 2006 // People Dallas-based McQueary Henry Bowles Troy LLP named Kyle Moss a partner in the firm. Moss, previously employee benefits director in MHBT’s Dallas office, is responsible for the production and servicing of...

When insuring international trade, expect the world

Aug 7 2006 // Shipments are delayed, damaged, lost or stolen around the globe with a frequency that is probably not surprising. What is surprising is how significantly the effects of those losses could be mitigated. Think how few things...

Hawaii obtains reinsurance to take control of Vesta subsidiary

Aug 7 2006 // News Currents Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as...

People

Aug 7 2006 // FleetRisk Advisors appointed David C. Wagner president and chief operating officer. Wagner previously worked at FleetRisk Advisors from 2004 to 2005 as senior vice president, field operations. Wagner possesses more than 20...

Understanding real estate-related risks

Aug 7 2006 // Throughout California and other states, there has been an incredible increase in the number of professionals involved in or related to real estate. When thinking about real estate risks, the first to come to mind are real...

Christina Urias, Arizona, Director of Insurance

Aug 7 2006 // Wildfires, captives, credit scoring, and broker compensation and disclosure have been hot topics lately — especially since wildfire season in particular extends through September. But the Arizona Department of...

A lot can happen in the auto dealers’ insurance market

Aug 7 2006 // Even with a wave of consolidation through the industry, the number of new and used auto dealerships in the U.S. is close to 100,000, meaning most independent agents have multiple dealers in their own backyards. “We...

House bill would establish national disaster commission with agent member

Aug 7 2006 // Legislation that would establish a bipartisan national commission tasked with recommending policies to help the federal government prepare for and manage disaster response has been introduced in the House of...

Congressional hearing held on terrorism and insurance

Aug 7 2006 // News Currents Two U.S. House subcommittees-the Committee on Financial Services, Subcommittee on Oversights and Investigation, and the Homeland Security Subcommittee on Intelligence, Information Sharing, and Terrorism Risk...

Growth in retail shopping centers a boon for insurance brokers

Aug 7 2006 // When the going gets tough, the tough go … shopping! Judging by the 18 percent increase in the development of retail shopping centers in the United States in 2005 over 2004, that tongue-in-cheek adage has more than a...

Tyler County, W. Va. Agent Pleads Guilty to Fraud

Aug 4 2006 // West Virginia officials say a longtime Tyler County insurance agent has pleaded guilty to fraud. Sistersville resident Bennie H. Kile Jr. of the Kile Insurance Agency admitted he took money and promised customers insurance...

Indiana Insurance Names New President

Aug 4 2006 // Loveland, Ohio-based Indiana Insurance, a member of the Liberty Mutual Group, announced today that Michael D. Connell has been appointed president and chief executive officer, effective August 16, 2006. Connell’s...

Mich. Burns & Wilcox Adds New Director of Branch Development

Aug 4 2006 // Farmington Hills, Mich.-based national specialty insurance wholesaler, underwriter and managing general agent Burns & Wilcox, has hired Paul Anderson, CPCU, ARM, AIM, to serve as the company’s director of branch...

Crump Names Sienkiewicz Property Broker

Aug 4 2006 // Natalie Sienkiewicz has joined Crump Insurance Services Northwest as a property broker in the Bothell, Wash., office. Prior to joining Crump, she spent seven years as a package underwriter for Chubb focusing on commercial...

TDI Announces June 2006 Enforcement Actions

Aug 3 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during June. The actions include eight license revocations, three license denials and fines and...

The Drive Group Opens Colorado Data Center

Aug 3 2006 // The Drive Group of Insurance Companies, the largest auto insurer through independent agents and brokers in the country, announced the completion of a new data center and document production facility in Colorado Springs,...

London American Introduces Agents’ E&O Program

Aug 3 2006 // London American Professional Liability LLC, a program administrator and managing general agency, has introduced a new program for independent property/casualty insurance agents’ errors and omissions. The program will...

Western Agents Blast Insurers for Settlements Restricting Compensation

Aug 2 2006 // The Western Insurance Agents Association has issued a statement saying the settlement that St. Paul Travelers has just reached with attorneys general from Connecticut, Illinois, and New York is the latest attempt by an...