Monthly Archives: <span>March 2003</span>

AgentSecure Picks Up Endorsements from Agent Associations

Fort Worth-based AgentSecure, a division of InsureZone, announced it has received exclusive endorsements from two more state-based associations affiliated with the Independent Insurance Agents & Brokers of America (IIABA). The newest to sign are the Missouri Association of Insurance Agents …

Bankers Insurance Welcomes Landsparger

Craig Landsparger, former director of reinsurance and risk management at FCCI, has joined St. Petersburg, Fla.-based Bankers Insurance Group as commercial marketing manager. According to Bankers Insurance, Landsparger is a 30-year insurance veteran with extensive experience in commercial lines. He …

Medical Justice Introduces Countersuit Malpractice Policies in N.C.

Medical Justice™ Corporation announced it is partnering with local insurance brokers in North Carolina and Ohio, as well as the Florida Medical Association, to protect physicians from frivolous malpractice cases with its patented Medical Justice™ The company said Medical Justice …

Brown & Brown Acquires Entertainment & Sports Insurance Experts

Florida’s Brown & Brown Inc. announced it acquired Entertainment & Sports Insurance Experts Inc., a commercial property and casualty insurance agency based in Atlanta, Ga. The transaction was consummated March 17, 2003 but is effective Jan. 1. Entertainment & Sports …

Additional Benefits Company’s WebApp Upload Expands

Additional Benefits Company (www.getabc.com), developers of WebApp (www.webapp.net) , an integrated web-based application upload and point-of-sale system, announced the addition of its newest client, Med James, Inc., a Kansas City-based managing general agency. Med James has contracted to use WebApp …

Harris Named VP for Heffernan’s Walnut Creek Office

Heffernan Insurance Brokers, one of the largest full service insurance brokerage firms in the Bay Area, appointed David Harris as vice president. In this role, Harris is charged with developing new business in the construction, development and building industries. Harris …

A.M. Best Gives ACIC ‘A-‘ Rating

American Contractors Indemnity Company (ACIC) was recently awarded an A- (Excellent) rating by A.M. Best Company, according to Robert Thomas, CEO of the Los Angeles-based surety bond provider. According to Best’s Public Rating Rationale, ACIC was upgraded from B++ to …

New Calif. License Aims to Protect Mobile Phone Users

The California Department of Insurance (CDI) is accepting applications for a new insurance license, which is required for vendors selling communications equipment, such as mobile phones, pagers and PDAs. Assembly Bill 2856, which passed by the legislature and was signed …

S&P’s Article Discusses Insurer Credit, Liquidity Support

Standard & Poor’s has published an article that explains the rating criteria for credit and liquidity support provided by insurers. Capital-markets transactions are often supported by credit or liquidity features, which provide prompt payment of principal and interest in the …

Calif. DMV, Allstate Reach Agreement on Access to Confidential Records

Allstate Insurance Company has reportedly paid a fine of $1 million to the California Department of Motor Vehicles, and the company’s access to confidential DMV records was suspended until yesterday, as part of a settlement involving Allstate’s reported failure to …