January 20, 2005
Cowan Benefit Services Inc. of Franklin, Tenn. has acquired Garner Insurance Services in Murfreesboro. Terms of the acquisition were not disclosed. Cowan is one of the largest full-service employee benefit brokers in the southeast. According to Matt Cowan, president, the …
January 20, 2005
National Association of Insurance Commissioners efforts to address concerns surrounding broker compensation continue to be over-broad, going beyond the single problem that has been defined, according to comments filed Wednesday by the National Association of Mutual Insurance Companies. The assertion …
January 20, 2005
The National Highway Traffic Safety Administration (NHTSA) recently obtained civil penalties in 2004 totaling almost $10.2 million, the agency announced. The fines cover a variety of violations by manufacturers, equipment suppliers, registered importers and vehicle customizers. Two manufacturers – Porsche …
January 20, 2005
Access Insurance Holdings Inc. of Atlanta has purchased Austin, Texas-based Century American Casualty Co. for an undisclosed sum. The acquisition provides Access with insurance licenses in 14 states, and increases its geographic reach from seven to 14 states. Assets from …
January 20, 2005
Wording in National Association of Insurance Commissioners compensation disclosure model legislation that could negatively affect the long-standing practice of contingent commissions was discussed in Atlanta by Georgia Insurance Commissioner John Oxendine, Steve Jones, president and Jerry Duke, executive vice president …
January 20, 2005
The board of directors of Brown & Brown Inc. of Daytona Beach and Tampa, Fla. announced today that Thomas E. Riley has been elected regional president, responsible for operations in the Northeastern U.S., as well as certain South Florida offices. …
January 20, 2005
Strategic Research Institute announced it will hold the 2nd Annual Insurance & Risk Management for the Oil & Gas Industry conference Feb. 28-March 1, 2005, at the Renaissance Houston in Houston, Texas. What are insurers looking for? How can your …
January 20, 2005
Dr. Jack Beller, immediate past president of the Oklahoma State Medical Association, said the medical group will not press for more lawsuit reform this year, according to an Associated Press report. Beller said the association’s board of trustees had decided …
January 20, 2005
The Hartford Financial Services Group Inc. has introduced Universal Excess, a new excess insurance policy that fits over directors & officers liability, fiduciary liability, employment practice liability, miscellaneous professional liability and tech errors & omissions products issued by any insurer, …
January 20, 2005
Controversy ruled yesterday as opposing opinions were voiced to the Florida Joint Selective Committee on Hurricane Insurance about how Citizens Property Insurance Corp. should be funded and operated. Under present guidelines Citizens isn’t supposed to compete with commercial insurance companies, …