European January reinsurance renewals confirm A.M. Best Co.’s expectations that underwriting discipline is being maintained, despite wide capacity availability. The rating agency noted that overall premium rates have decreased moderately, with some expected increases in U.S. property lines exposed to …
The Leavitt Group announced that Natchez, Miss.-based Stephens & Hobdy Insurance Agency has joined the Leavitt Group, an organization of more than 80 independent insurance agencies located across the United States. Stephens & Hobdy Insurance has been doing business in …
The Republic Group, based in Dallas, recently announced two key personnel appointments. Steven L. Nyberg was named vice president of Personal Lines and Richard A. Mayer was promoted to vice president of Commercial Lines. As Republic’s senior Personal Lines officer, …
Marsh, Berry & Company Inc., a management consulting firm for the financial services industry, will host the Spring 2005 Bank Agency Summit meeting March 2-4 at the Ritz Carlton in New Orleans, La. Bank Agency Summit meetings provide a unique …
Oklahoma Insurance Commissioner Kim Holland announced plans to work with employees to develop ethical standards that will govern daily operations and decision making at the Oklahoma Insurance Department. She met recently with the Oklahoma Ethics Commission to review the rules …
Texas’ landmark medical lawsuit reforms, passed just 18 months ago, are producing healthy benefits for the state’s doctors, patients, hospitals and nursing homes, according to State Rep. Joe Nixon. A Texas House panel recently heard several signs of improvement, including …
Citizens Property Insurance Co. is in the limelight again, this time because it is refusing to pay property losses, even after losing a South Florida appeals court decision. Hurricane Irene brought both wind and water when it destroyed the Fort …
The Alliance of American Insurers is working with the Georgia Insurance Commission to develop standard language for mold coverage in homeowner’s and commercial insurance policies. Under provisions of the changes, mold remediators could soon see their profit margins limited. AAI …
Tom Sanzenbacher has received the Professional Insurance Agents of Florida’s award as the “2004 Company Representative of the Year.” Donnie McMahon, PIA of Florida’s immediate past president, presented Sanzenbacher with a commemorative plaque recognizing his achievements during the group’s annual …
Redwood City, Calif.-based ABD Insurance and Financial Services announced the promotion of Jim Czesak to COO for the company’s Employee Benefits division. He will oversee the company-wide operation of Employee Benefits, including Compliance, the ABD Broker-Dealer and the service re-engineering …
