Sun Prairie, Wis.-based General Casualty Insurance Cos. lauded its first-half results in a statement released to the news media. The company reported a first-half profit of $28.6 million and upped its policyholder surplus by $21.5 million. The company’s statutory combined …
Mequon, Wis.-based benefits provider FlexBen Corp. announced it is changing its name and expanding its offerings. The company’s new name is HCap Strategies, reflecting its new emphasis on “human capital” in the Milwaukee-area firm’s clients. Since its inception in 1987, …
First Acceptance Corporation, Nashville-based retailer, service provider and underwriter of non-standard personal automobile insurance, has announced the election of three new members to the company’s board of directors. Named as new board members were Rhodes R. Bobbitt, 59, of Dallas, …
The National Association of Professional Insurance Agents (PIA) says it is encouraged by the discussion draft of a bill that provides a “road map” for insurance regulatory reform. The draft of the State Modernization and Regulatory Transparency Act (SMART) was …
Zenith National Insurance Corp. reported its initial estimate of losses in its assumed reinsurance business attributable to Hurricane Charley. Zenith currently expects that its net after tax loss from Hurricane Charley will be approximately $3.1 million or $0.13 per diluted …
Lisa Lesandro has joined the Fresno, Calif., office of Burns & Wilcox Ltd., in the position of renewal underwriter. The announcement was made by Ceil Norton, branch manager of Burns & Wilcox’s Fresno office. As renewal underwriter, Lesandro is responsible …
Authorities have arrested two men in connection with allegations of auto insurance scams at eight Monterey County stereo and tire/wheel shops. John Edward Close, of Gonzales, Calif., and Antonio Jaramillo Fonseca, of Greenfield, Calif., were arrested August 18 and booked …
Heath Insurance Brokers announced that Mike Christian has joined its Atlanta office as an assistant vice president and property broker. He will be responsible for the production and marketing of property brokerage business. Christian has more than 10 years experience …
SEER Insurance Inspections Inc., a national insurance inspection company, has appointed Joe Wilson general manager of Operations. Wilson brings to the company more than 20 years of legal, engineering and field inspection experience. The appointment of Wilson to be general …
Despite improvements in construction and safety standards since Hurricane Andrew, damage to mobile homes in the path of Hurricane Charley was significant according to the Property Casualty Insurers Association of America (PCI). “We’re seeing reports that more than 95 percent …
