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

PIANY Notes New and Improved NumberOne Comp Program

The Professional Insurance Agents of New York State Inc. announced major enhancements to its NumberONE Comp Program, a PIANY-member benefit that allows agents to offer their customers a workers’ comp insurance product. “These enhancements mark the greatest improvement to the …

Falvey Named to Chair CIAB’s Council of Employee Benefits Executives

U.S.I. Holdings Corporation announced that William Wilkerson III, chairman of The Council of Insurance Agents & Brokers (“the Council”), selected Charles Falvey, president of USI’s New York office, to chair the Council of Employee Benefits Executives (“CEBE”). Falvey started his …

Arthur J. Gallagher & Co. Acquires Mass. Agency

Arthur J. Gallagher & Co. announced the acquisition of Andrew-Anthony Insurance Agency, Inc. of Wellesley, Mass. Founded in 1991, Andrew-Anthony Insurance Agency, Inc. is a full-service retail insurance broker offering risk management and commercial property/casualty insurance services to their clients …

London American Has Four Markets for Commercial Auto

London American has available up to four markets for commercial auto in California. Classes include: Contractors, Retailers, Wholesalers and manufacturers. The markets offer light to extra heavy units with local to intermediate radiuses. The markets can offer: *Up to $1,000,000 …

Navigators’ ‘A’ Ratings Reaffirmed

The Navigators Group, Inc. announced that both A.M. Best Company and Standard & Poor’s Ratings Services have reaffirmed their ‘A’ ratings for Navigators Insurance Company and NIC Insurance Company. In reports released in June 2003, both Best and S&P reaffirmed …

Aon Identifies Unconventional Threats to U.S. Corporate Balance Sheets

Aon Corporation released its “Report Card for the World,” identifying “unconventional threats” to the balance sheets of U.S. firms conducting business abroad. Aon Trade Credit, which annually maps business risks around the world, found several threats U.S. companies may be …

American Forest Casualty Co. Licenses FormsPlus XP for the Internet

Allen Beggs, president and co-founder of QualCorp, Inc. (www.qualcorp.com) announced that American Forest Casualty Company of Olympia, Wash. will be licensing the Internet version FormsPlus XP for its office. American Forest Casualty Company, RRG will use FormsPlus XP over the …

Farmers Lowers Kan. Auto Rates, Not Homeowners

An earlier Insurance Journal story incorrectly reported that Farmers Insurance Group was reducing homeowners rates in Kansas, when in actuality it was lowering auto rates. The story was based on an erroneous statement released by Farmers, which has now released …

Acordia Names New VP

Chicago-based brokerage Acordia Inc. announced that Mark A. Green is the new vice president of alternative risk transfer. Green is responsible for assisting Acordia brokers with captives, risk retention groups, finite risk and other solutions that combine traditional insurance risk …

NAII Praises Legislative Group for Support of Regulatory Modernization

The National Association of Independent Insurers (NAII) praised members of the National Conference of State Legislatures (NCSL) for adoption of its “Statement of Principles for the Regulation of Property Casualty Insurance,” at their meeting this week. According to NAII, the …