Monthly Archives: <span>January 2005</span>

Whitton Named SVP of New Beecher Carlson Holdings Global Property Practice

Barry Whitton has been appointed senior vice president of Atlanta-based Beecher Carlson Holdings Inc.’s new Global Property Practice. Whitton will develop the Global Property Practice and will focus on providing superior client service and technical expertise for clients. Whitton has …

Brown & Brown Inc. Declares Quarterly Cash Dividend

The board of directors of Brown & Brown, Inc. of Daytona Beach and Tampa, Fla. has declared a regular quarterly cash dividend of $.08 per share. The dividend is payable on Feb. 16, 2005, to shareholders of record on Feb. …

California Injured Workers Organize Group

A new political action committee of injured workers launched a statewide campaign to voice their concerns on workers’ compensation issues, according to the Sacramento Bee. VotersInjuredatWork.org will demonstrate outside of 18 workers’ comp appeals boards throughout California and will also …

Big ‘I’ Study Shows Growth in Premium, Market Share

The overall property/casualty market grew 9.5 percent in 2003, and independent agents and brokers produced 59.4 percent of this market, according to “The 2003 Property Casualty Insurance Market” report recently released by the Independent Insurance Agents & Brokers of America. …

Study: Consumers Could be Hurt by Federal Regulation of Industry

Will Congress wrest insurance regulation from state control? As Congress prepares to debate the matter, big players in the insurance industry are lobbying for the regulatory sea change. But it’s a move that could hurt consumer choice, warns a new …

CIWA Donates to ARC Following Tsunami Disaster

The California Insurance Wholesalers Association (CIWA) recently agreed to donate $600 to the American Red Cross Disaster Relief Fund in the wake of the tsunami disaster in Southeast Asia. Incoming CIWA President Mark Maucere noted that, “CIWA typically rewards the …

Chances Slim for Washington Med-Mal Legislative Action

Neither of the two medical malpractice reform initiatives presented to the Legislature this year stands much chance of passing. “Very unlikely,” said Sen. Karen Keiser, D-Des Moines, chairwoman of the Senate Health Care Committee, which conducted a hearing Jan. 17 …

HCC Makes Changes to Management Team

HCC Insurance Holdings Inc., headquartered in Houston, announced the reorganization of the company’s executive management team. Robert F. Thomas was appointed senior vice president of the company, responsible for all Surety and Credit insurance operations worldwide. Thomas, who is also …

New Electronic Invoice Program Introduced

A new electronic invoicing and payment application designed specifically for insurance carriers has been introduced by Benefitfocus.com Inc. a Charleston, S.C. provider of insurance enrollment and benefit programs. “We’ve developed a solution to address every aspect of the billing cycle …

Willis Report: International Liability Market Softening; Some Sectors Will Not Follow the General Cycle Pattern

The global insurance market finally emerged at the beginning of 2004 from one of the most intense hard markets for decades, according to a new report issued by Willis titled “International Liability Market Review.” The report claims that the overall …