The National Association of Professional Insurance Agents (PIA) has elected new officers to serve one-year terms to begin on Oct. 1, 2004 to Sept. 30, 2005. Ray Peretti of Renton, Washington was elected president-elect; Donna Pile of Lexington, Kentucky was …
United Fire & Casualty Company announced it will close its New Orleans Regional Office and consolidate its business with that of the company’s regional office in Galveston, Texas. All of the office’s administrative and underwriting operations will be transferred to …
Randall-Louis Insurance Brokers of Carlsbad, Calif. has announced its merger with G.S. Levine Insurance Services Inc. Randall-Louis is a community-based agency that has been serving clients in Southern Calif. since 1983. “Combining forces with G.S. Levine will help us continue …
Atlantic Mutual closed the sale today of its subsidiary, Atlantic Specialty Insurance Company, and the renewal rights to select commercial insurance business, including the unearned premiums on the acquired book, to OneBeacon Insurance Company, after receiving regulatory approval. The overall …
The Midland Co., a Cincinnati-based provider of specialty insurance products and services, reported that A.M. Best Co. recently reaffirmed the “A+” (superior) rating of its American Modern Insurance Group property/casualty subsidiaries, reflecting their superior capitalization, favorable operating profitability and niche …
Governor Schwarzenegger is optimistic about reaching a deal with lawmakers soon on reforming the state’s workers’ comp system, according to Reuters. The governor and legislators have been in talks for days, but details of the negotiations have not been divulged. …
More doctors will leave Wyoming or retire early if the state does not act to help control medical insurance rates, preferably in a special session of the Legislature, members of a new physician lobbying group said. “The alternative is there …
Dallas-based Heath Insurance Brokers announced the completion of a buy-out from Heath Lambert Group, its U.K. parent. Heath noted that the deal solidifies its place as one of the largest truly independent wholesale insurance brokerage firms in the United States. …
A former director of the State Rating Bureau (SRB) within the Massachusetts Division of Insurance and frequent critic of the industry and its regulators has signed on to be executive director at the Center for Insurance Research (CIR), a watchdog …
The state insurance regulatory system hurts consumers because it is clogged with so much red tape, inefficiency and unnecessary rules, the American Insurance Association (AIA) said at a House subcommittee hearing . Testifying for AIA, Roger M. Singer of OneBeacon …
