The Insurance Council of Texas reported that Hurricane Claudette, which hit the Texas coast in July, caused an estimated $90 million in insured losses, placing the storm just ahead of Hurricane Carla in dollar losses. Claudette came ashore July 15, …
Lawrence (Bud) Stumbaugh, president and CEO of Atlanta-based AssuranceAmerica Corporation, announced the appointment of Daniel Brannock as president of AssetAmerica Insurance Agencies LLC, its retail agency chain. Prior to joining AssetAmerica, Brannock was vice president of Henderson & Phillips Corporation, …
Workers’ compensation costs for some Colorado employers may decrease later this year. Colorado Insurance Commissioner Doug Dean announced that the National Council on Compensation Insurance (NCCI) has filed an average decrease of 6.1 percent in workers’ compensation insurance loss costs …
Nevada Insurance Commissioner Alice A. Molasky-Arman has approved revised rates for the National Dental Program insured by Continental Casualty Company. The National Dental Program policies may include professional liability, general liability and property coverages. The company received approval to increase …
Common wisdom has it reportedly that it’s the young men who are the fast drivers. Not anymore, reveals a national survey from The Hartford Financial Services Group. “Our culture traditionally has associated young men with fast cars and fast driving,” …
Schaumburg, Ill.-based insurer Zurich North America announced the appointment of Kenneth Marcus to account executive, a newly created marketing position for its Middle Markets business unit. Based in the Chicago branch office, Marcus will focus on expanding the business unit’s …
International insurance brokerage and consulting company Summit Global Partners announced it has formed Summit Global Partners Employee Benefits Consulting Group and expanded capabilities to help middle-market and large scale companies meet today’s challenges in providing health insurance and other benefits …
The following is an open letter from John D’Agostino, President of the Professional Insurance Agents of New Jersey, concerning the state’s enactment of legislation to protect the ownership rights of insurance agents to the policy information they collect and maintain. …
Zurich North America and Zurich London announced that George Bolton has joined the London office as their first trade credit insurance underwriter in that location. He has transferred from Zurich’s Washington, D.C. office to London and will be responsible for …
Sovereign Risk Insurance Ltd., a joint venture between subsidiaries of XL Capital Ltd. and ACE Limited, that writes political risk policies in emerging markets, announced that its sixth year of operation had been quite successful. “For the fiscal year ending …
