District Of Columbia News

TAPCO Underwriters Expands Into Alabama and Louisiana

Insurance agents in Alabama and Louisiana may now access the services provided by TAPCO Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA that specializes in high-volume, middle-market excess and surplus insurance lines. The company explained in its announcement that it has …

Ratings Recap: Western National, Westminster, Carolina Casualty, MedPro, Tower Hill

A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit ratings to “a” from “a-” of Western National Insurance Group (WNG) and its members. The group’s ratings are based on the consolidated …

Purcell Named D.C. Insurance Commissioner

Washington D.C. has a new insurance commissioner: Gennet Purcell, a former lawyer, who had been serving as deputy commissioner since December. Purcell joined the department after serving as a partner at a private law firm, where her specialties included insurance …

Willis Names Bathurst CEO of Space Division

Insurance broker Willis Group Holdings has appointed Roger Bathurst as chief executive officer of its specialist space division, Willis Inspace. Bill Lloyd, previously chairman and CEO of Willis Inspace, will retain the position of chairman and will support Bathurst on …

Ohio Casualty Introduces Commercial Fleet Management System

Fairfield, Ohio-based Ohio Casualty, a Liberty Mutual Agency Markets regional company, has introduced Onboard Advisor, a fleet management system that helps companies increase commercial fleet safety and productivity, save on commercial auto insurance premiums and more. The company said Onboard …

TAPCO Underwiters Now Offering E&S Services to Mississippi Agents

TAPCO Underwriters, Inc., a Burlington, North Carolina-based excess and surplus lines managing general agency, is now offering its services to retail insurance agents in Mississippi. TAPCO is known for its unique service model that allows for coverage to be bound …

People

San Francisco-based Wells Fargo & Co. announced its management team for the combined insurance businesses of Wells Fargo and Wachovia Corp. Reporting to Dave Zuercher, group head of International and Insurance Services, are Neal Aton, head of Wells Fargo Insurance …

One Quarter of Oklahoma Bridges Structurally Deficient

In 2004, a football-sized piece of concrete fell from a bridge and crashed through Yvonna Osborn’s windshield while she was driving home on Interstate 35 in Oklahoma. The 52-year-old Irving, Texas, mother of two died of massive head injuries and …

House Sponsors Sign Onto Surplus Lines Bill

Two members of the U.S. House of Representatives’ Committee on Financial Services said they would introduce legislation to create national standards for how states regulate the surplus lines market and reinsurance as well as a uniform system of surplus lines …

Surplus Lines Reform Legislation Reintroduced in Congress

Two members of the U.S. House of Representatives’ Committee on Financial Services have announced plans they will introduce legislation that will create national standards for how states regulate the surplus lines market and reinsurance as well as a uniform system …