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

Checking Those Tiles Closer

Ever since the Ballard case hit the front page two years ago, I’ve been checking those shower tiles at home a little closer. I’m convinced that little brown spot in the corner by the shampoo is the dreaded m— everyone …

American Wholesale Insurance Group Forms N.J. Brokerage Operation

American Wholesale Insurance Group announced the formation of a new wholesale brokerage operation in New Jersey to be led by Chuck Ciccarelli and Bill Dixon. “Increasing our capabilities in the greater Northeastern marketplace has always been part of the planned …

GMI Signs with QualCorp

R. Allen Beggs, president of QualCorp, Inc. (www.qualcorp.com) announced that GMI of Valley Forge, Pa., has signed a five-year contract with QualCorp, Inc. to license FormsPlus for commercial auto policies in 42 states. FormsPlus will be integrated into the current …

Texas Shuts Down Unlicensed Apartment & Condo Plan

Texas Insurance Commissioner Jose Montemayor issued an emergency cease-and-desist order against an alleged unauthorized insurance scheme that may have cost apartment owners and condominium associations millions of dollars in premiums for bogus property and liability coverage. According to the Texas …

West Promoted to Assistant VP at Western Surplus Lines

Western Surplus Lines Agency Inc., Abilene, Texas, announced it has promoted Jason West to assistant vice president of the E&S and Energy contract authority and specialty brokerage departments. West will be responsible for underwriting, production, and technical account service activities …

Fla. Revokes Licenses of Second Husband-and-Wife Team

For the second time in a month, the Florida Department of Financial Services revoked the insurance licenses of a husband-and-wife insurance agent team. The department announced that most recently, a Naples couple who organized a scam to sell fraudulent insurance …

Alliance Applauds Fla. House Passage of Workers’ Comp Bill

The Alliance of American Insurers praised the passage of a workers’ compensation reform bill by the Florida House. “The bill, HB 1837, is an outstanding work product that will result in substantial cost savings because it contains substantially all of …

Penn-America Group Appoints Richard W. Slomiany VP of Claims for Insurance Subsidiaries

Jon S. Saltzman, president and CEO of Penn-America Group, Inc., announced that Richard W. Slomiany, CPCU, AIM, has been appointed as VP of Claims for the company’s insurance subsidiaries. “Slomiany, 46, joins Penn-America following a 23-year career with Harleysville Insurance …

S&P Lowers Liberty Mutual to ‘A’; Removes from CreditWatch

Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Boston-based Liberty Mutual Insurance Co. and related entities to ‘A’ from ‘A+’ and removed them from CreditWatch, where they were placed on …

N.J. Coalition Urges Assembly to Support Choice and Competition Act

The Coalition for Auto Insurance Competition announced that it is urging the Assembly’s Banking and Insurance Committee to favorably release the “New Jersey Automobile Insurance Choice and Competition Act,” which is scheduled for consideration beginning today. The proposed legislation,S-63/A-2625, would …