Austin, Texas-based Combined Agents of America LLC announced an increase in membership to 32 members with the addition of Porter Insurance Agency Inc. CAA added three members in 2004 and is again focusing on growth in 2005. CAA is a …
The Dallas office of Palmer & Cay Inc. reported it recently promoted three associates in its Property/Casualty practice. Campbell Letch was promoted to vice president, specializing in Property/Casualty and Health and Welfare business development. He joined the firm in 2000 …
Fort Worth, Texas-based Higginbotham & Associates announced it has named seasoned property and casualty insurance broker Curtis W. Page a vice president at its Austin office. Page joins Gregory Meserole and Matt Burns, who were hired as managing directors to …
The Chubb Corporation reported that its net income in the fourth quarter 2004 jumped to $467.6 million compared to $72.3 million in the fourth quarter 2003. Property/casualty net premiums written in the fourth quarter of 2004 grew 5 percent to …
Darien, Ill.-based direct life Internet broker Quotesmith.com saw its fourth-quarter revenues double last year’s results but it still reported a $116,000 loss for the period. Revenues were up to $4.4 million from $2.2 million in the fourth quarter of 2003, …
Each year before Groundhog Day, the Insurance Information Institute invites a panel of Wall Street stock analysts and industry professionals to come out of their holes, look around for their shadow and forecast the outlook for the industry. Legend has …
Opponents of changes to the way the Massachusetts auto insurance system handles high risk drivers have won a court stay of rules that were to begin going into effect this week. In granting the injunction, Superior Court Judge Raymond J. …
Florida’s Joint Select Committee on Hurricane Insurance meets in Tallahassee on Friday to discuss ways to revamp the homeowner’s insurance market. At the meeting the legislators will hear from consumer advocates and this month is expected to consider to boost …
Aon’s Trade Credit division has published its annual analysis of the world’s trade credit and political risk hotspots as illustrated in a new “2005 Political and Economic Risk Map.” The world’s second largest broker also warned that U.S. firms potentially …
Standard & Poor’s Ratings Services has published the first of its quarterly reports on the members and syndicates at Lloyd’s. The study follows confirmation that the world’s oldest insurance market would respond to pressure on premium rates by underwriting less …
