February 15, 2005
Brown & Riding Insurance Services announced that Kelly Nguyen has been promoted to broker in their Los Angeles office. Nguyen joined Brown & Riding in March 2003 as an Account Manager, and was soon promoted to Client Service Manager, supervising …
February 14, 2005
Monday the Georgia Senate, following a vote Thursday in the House of Representatives, completed action on major tort reform legislation. The bill (S.B. 3), which includes important medical liability reform provisions, now goes to the governor for his signature. The …
February 14, 2005
Matthew Wallace Schachter, aka Robert Lewis Brown, aka Matthew C. Rollins (Brown), 58, was indicted last week on federal charges relating to an insurance fraud scheme that allegedly netted more than $20 million over the last four years. The indictment, …
February 14, 2005
Approval of a 2004 ballot question and action by state lawmakers two years before that are stabilizing medical malpractice insurance rates in Nevada, legislators were told recently. Question 3, the Keep Our Doctors in Nevada initiative, garnered nearly 60 percent …
February 14, 2005
W. R. Berkley Corp. reported net income for the fourth quarter of 2004 of $116 million, or $1.31 per share, a 25% increase from $93 million, or $1.07 per share, a year ago. Fourth quarter 2004 net operating income increased …
February 14, 2005
IWIF, a Maryland provider of workers’ compensation insurance, has introduced a new interactive feature to its policyholder seminar lineup. Business owners, IWIF policyholders and independent insurance agents will now be able to enjoy a fully interactive experience at IWIF seminars …
February 14, 2005
Los Angeles-based Lemac & Associates announced that it has a new Residential Wrap-Up market. The carrier is new to the Wrap-up market, so they have a large capacity for condominium, townhouse, apartment and single family dwelling projects. Coverage is available …
February 14, 2005
Brown & Brown Inc., with headquarters in Daytona Beach, Fla. has announced the acquisition of retail insurance agency Emerald Benefits Inc. of Weston, Fla. Emerald Benefits, with annualized revenues of approximately $3.8 million, is a specializes in employee benefits needs …
February 14, 2005
Dallas-based RG America Inc. announced that William Fink was selected as the chief operating officer (COO) of RG Insurance Services Inc. where he will be responsible for the agency’s day-to-day operations and managing the sales activities. “Mr. Fink is a …
February 14, 2005
Former Oklahoma state legislator Wayne Pettigrew and former University of Oklahoma football stars Steve and Tinker Owners are among the backers of a proposal to start a new life insurance company with funds raised through an initial public offering, The …