American Management Corporation has recently purchased assets of two Scottsdale, Arizona wholesale insurance brokers, Cargill Sherman and Associates and the Embassy Insurance Group. These assets include insurance renewals and the insurance carrier relationships. To manage this business, AMC has formed …
The National Association of Mutual Insurance Companies (NAMIC) has named Bart Anderson as senior vice president of member services and communications. Anderson brings more than 16 years of insurance management experience to his new position. Prior to joining NAMIC, Anderson …
Insurance Office of America (IOA) has announced the formation of Public Entities of America (PEA), a subsidiary operation specializing in insurance and risk management services for the Public Sector. PEA will service state agencies, cities, counties, school systems, utilities, and …
CitiGroup (New York, N.Y.), Wells Fargo & Company (San Francisco, Calif.), and BB&T Corporation (Charlotte, N.C.) lead bank holding companies in insurance brokerage fee income year-to-date through June 30, 2004, according to Michael White Associates LLC (MWA). These findings are …
Bill O’Reilly, Fox News’ controversial, irascible and outspoken commentator, will highlight a line-up of nationally known speakers at the inaugural Annual Meeting of the Property Casualty Insurers Association of America (PCI). The meeting is scheduled for Oct. 24-27, 2004 in …
The Louisiana State Police Fraud Unit arrested a Leesville, La., insurance agent and Department of Insurance Fraud Unit investigators issued the man a Cease and Desist Order and Summary Suspension of his license for allegedly fraudulently obtaining loans from customers’ …
Residents along the Gulf Coast of Texas can learn a lot from the experiences of those people in Florida who were victims of Hurricane Charley, according to Jerry Johns, president of Southwestern Insurance Information Service, an insurance industry trade group. …
South Carolina residents steeled themselves for a battering early Sunday as Tropical Storm Gaston, just under hurricane strength, picked up speed as it spun toward the South Carolina coast. Mayor Joseph P. Riley Jr., who led Charleston’s recovery after it …
Typhoon Chaba, packing 130 mph (210 km/h) winds, struck the Southern Japanese Island of Kyushu earlier today, knocking out electrical power to some 300,000 homes, and causing 6000 people to be evacuated to higher ground, as winds, rain and high …
The National Hurricane Center in Miami is currently tracking Frances, another powerful storm, which could strike the U.S. mainland by the end of the week. Frances is packing sustained winds of 125 mph (205 km/h) with hurricane force winds extending …
