Monthly Archives: <span>June 2002</span>

Progressive Reps Receive Awards in Arkansas, Kentucky

Two Progressive Insurance Company representatives from Kentucky and Arkansas who happen to share the same first and last name, have been named by their respective state association of Professional Insurance Agents (PIA) as Company Representatives of the Year for 2002. …

New Market: Arrowhead of Texas Offers Commercial Auto Program

Arrowhead General Insurance Agency of Texas Inc. has a new commercial automobile program for Texas agents. Target classes include artisan contractors, wholesale/manufacturing/industrial, heavy construction, local and intermediate trucking, oil and gas related, business/personal services, retail related and agricultural related classes …

Board Members Elected for Texas Mutual

Texas Mutual Insurance Co. policyholders elected four new board members at the workers compensation insurer’s first policyholder meeting. Over 5,000 policyholders voted either in person or by proxy to elect Judy Broussard, Jose Cuevas Jr., James D. Ross, and Charles …

Central TX CPCU Chapter Elects Officers

The Central Texas Chapter of Chartered Property Casualty Underwriters (CPCU) announced the newly elected officers for 2002-2003: president—Philip R. Ballinger, Surplus Lines Stamping Office of Texas; president-elect—Ann L. Dunham, State Farm Insurance Group; vice president—Jay R. Waddell, Texas Municipal League; …

CDI Serves Cease & Desist Order on Harbour Insurance

The California Department of Insurance (CDI) has served a cease and desist order to Clarence Joseph Hall a/k/a Joseph Hall a/k/a Joe Hall of Harbour Special Events, Harbour Entertainment & Sports, Harbour Sports & Entertainment, Harbour Protective Insurance Services, Harbour …

Kemper Ins. Co. Names John Mahoney President of KEMPES

Scottsdale, Ariz.-based Kemper Insurance Company made several recent appointments. John Mahoney was named president of KEMPES, a unit that underwrites specialty program business. Mahoney joined KEMPES in 1999 to lead the start-up of a new P&C division in Denver that …

Travelers and Citigroup Announce Modest Exposures From WorldCom Scandal

Travelers Property & Casualty and Citigroup Inc. recently announced that they would suffer only modest exposures from telecommunications company WorldCom’s accounting scandal. According to a press release from Travelers, CFO Jay S. Benet said “the company has determined that this …

Penn. Files Suit Against Former Reliance Financier

Pennsylvania seeks to recover damages from Saul P. Steinberg and other former executives who allegedly are at fault for Reliance Global Holding’s bankruptcy, as well as the failure of its subsidiary, Reliance Insurance Company, according to the Associated Press. The …

United Fire and Casualty Chooses Ernst and Young Auditors

United Fire & Casualty Co. has chosen Ernst & Young LLP as its independent auditors, replacing Arthur Andersen LLP, according to a Dow Jones report. Concerns about Andersen’s continued availability in the auditing profession served as impetus for the company …

Guy Carpenter Names Martin Markoff as European Managing Director

Guy Carpenter &. Company, Inc., the global risk and reinsurance division of Marsh & McLennan, announced the appointment of Martin Markoff, 44, as Managing Director for its Continental Europe operations. “In his new position, Markoff will be responsible for the …