Monthly Archives: <span>November 2004</span>

JLT Services Appoints McConville Sr. VP

JLT Services Corporation , a U.S. subsidiary of the U.K.-based broker Jardine Lloyd Thompson Group plc, announced the appointment of Cliff McConville as senior vice president of Business Development for the JLT Affinity Solutions operation based in Chicago. “Cliff’s expertise …

NTSB Backs Greater Oversight of Drivers with High-Risk Medical Conditions

In a report adopted this week, the National Transportation Safety Board (NTSB) concluded that certain medical conditions can increase a driver’s accident risk and are incompatible with unrestricted operation of motor vehicles. In order to better evaluate the impact of …

Ill. DOI Sets Up Broker Fee Hotline

The Illinois Division of Insurance announced it is asking for help from Illinois consumers who have concerns about their business dealings with insurance brokerage firms, in light of the Marsh allegations. This information will be used in a widening investigation …

Aon Preps for Spitzer Suit With $890M Line of Credit

Chicago-based Aon Corp., the world’s No. 2 insurance broker, said it is negotiating with lenders to access about $890 million in credit should Spitzer choose the company as his next target, according to Bloomberg News and the Associated Press. Aon …

Insurance Execs Court Private Equity Firms For Backing

Up to five new insurance companies worth $20-$50 million each could be started up in Florida in the next six months with capital from private equity firms, John Butler, senior vice president at Houlihan Lokey Howard & Zukin’s financial institutions …

NAIS Offers Internet Rated Stand-alone CPL & Personal Umbrella Programs

Tustin, Calif.-based National Advantage Insurance Services Inc., announced a new Web-based program offering brokers fast and easy access to internet rated stand-alone CPL and personal umbrella insurance programs. Carrier is an admitted, A.M. Best Rated AVIII carrier. Rates are competitive. …

Utah WCF Urging Workplace Safety for Fall/Winter

As temperatures fall, certain workplace injuries tend to rise. Utah’s Workers Compensation Fund is urging workers statewide to learn preventive tactics to remain safe on the job this fall and winter. Common cold-weather workplace injuries include vehicular accidents, slips and …

21st Century Holding Co. Unveils Q3 Report

Florida-based 21st Century Holding Co. reported results for the quarter ended Sept. 30, 2004. For the quarter ended Sept. 30, 2004, the company reported net loss of $13,754,082, or $2.32 per share on 5,925,952 undiluted shares, versus net income of …

Curley Group Buys Williams Insurance Agency

Curley Insurance Group, a Dallas based independent agency, announced it recently purchased the Williams Insurance Agency, located in the Oak Lawn area of Dallas. The Williams Agency specializes in personal and small commercial lines of business. Headquartered in Dallas, the …

Allstate Holding Off On New Homeowner Policies in Florida

Allstate Corp., the largest property casualty insurer in Florida, has announced it will cease writing new homeowners’ policies in Florida until the state Legislature meets in December and decides what to do about sharing future storm risks. Edward Liddy, Allstate’s …