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Knight Assumes Role as CEO for Georgia Independent Agents

Aubie W. Knight has assumed the role of chief executive officer of the Independent Insurance Agents of Georgia (IIAG). Knight has been with IIAG since 1996. During his tenure, he has been responsible for most of IIAG’s for-profit operations and …

Mercury General to Report Q3 Results on November 1

Los Angeles-based Mercury General Corp. has reported that on Monday, Nov. 1, 2010, it will release results for its third quarter ended Sept. 30, 2010. The company will host an investor conference call and Webcast that same day at 10 …

Agents’ E&O: What Do YOU Know? Take Insurance Journal’s Survey Now

It’s time again for Insurance Journal to find out what’s been going on with Insurance Agents’ Errors & Omissions Insurance. IJ’s annual survey solicits the experiences and opinions of property/casualty insurance agents on Agency E&O markets, pricing, underwriting, risk management …

Most 9/11 Responders OK Settlement Resolving Suit

A lawyer representing 10,000 ground zero workers suing New York City over their exposure to World Trade Center dust said Tuesday that 75 percent have signed a settlement resolving their claims and most of the rest have indicated they will …

Zurich Settles Class Action Lawsuit Over Insurance Exchanges

Zurich Financial Services Group and its subsidiary, Farmers Group Inc. (FGI), have settled a nationwide class action lawsuit that is pending in Superior Court in Los Angeles. Under the terms of the settlement, $455 million will be made available to …

CNA Appoints Day VP of Specialty Underwriting – Accountants PL

Chicago-based CNA has named Jeff Day as vice president of Underwriting for its Specialty Lines Group. In this role, Day has responsibility for the global insurer’s Accountants Professional Liability program. Day has spent nearly two decades building his knowledge and …

C.V. Starr Opens Paris Office; Sets Europe Expansion Plans

C.V. Starr & Co has opened its French branch of Starr Underwriting Agents, Ltd. in Paris. The Company also announced the appointment of both Nicolas Berg as Regional Manager Europe, Starr Casualty, and Olivier Decombes as Regional Manager Europe, Starr …

Arkansas Developer Ordered Jailed on Insurance Fraud Convictions

Little Rock developer Aaron Jones, who was convicted of setting fire to his $1.6 million family home in an insurance scheme, has been taken into custody so he can start serving time pending a prison sentence. Arkansas Business reports that …

Foreign Insurers Need Adaptability to Share in Gulf Market

International insurers seeking a bigger share of the potentially lucrative Gulf market need to adapt quickly to regulatory changes and tap into growth areas like Islamic finance or risk being muscled out of consolidation. With a penetration rate of around …

Western National Insurance to Purchase Arizona-Based Companies

Western National Insurance Group (WNIG) of Edina, Minn. has agreed to purchase 100 percent of the stock of Arizona Auto Insurance Co. and Legacy Insurance Services, both headquartered in Phoenix. The purchase has been approved by the board of directors …

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