March 25, 2005
Bermuda-based Max Re Capital Ltd. announced that W. Dave Brining, Executive VP — Marketing & Client Services, will be retiring from the Company as of April 1, 2005, in order to pursue personal interests. Brining was a founding member of …
March 25, 2005
Standard & Poor’s Ratings Services indicated that its “3” Lloyd’s Syndicate Assessment (LSA) on Chaucer – Syndicate 1084 (Chaucer or the syndicate) is “unlikely to be affected by the March 18 announcement that Chaucer Holdings PLC (Chaucer Holdings; not rated), …
March 25, 2005
A man who pleaded guilty to hiring a hit man to kill a used car dealer for insurance money was sentenced to 20 years in prison. Lawrence A. Skiba of White Oak sobbed after a federal judge sentenced him for …
March 25, 2005
Pete Morrison has joined Crouse and Associates as a producer in its Sacramento office. He will be responsible for new business development for construction, wrap ups and earthquake products. He will also specialize in trucking, umbrella and professional liability. Morrison …
March 25, 2005
Toledo, Ohio-based agency Hylant Group has acquired Dobson-McOmber Agency to form Hylant of Ann Arbor. Steve Dobson, owner of Dobson-McOmber Agency, will retain an ownership in and serve as president of the Hylant of Ann Arbor operations. John Hindle will …
March 25, 2005
A Princeton, Ill., insurance agency has been fined $30,000 and prohibited from producing new business for six months for failing to disclose administrative fees. The Illinois Division of Insurance last month ordered H. Ernie Parr and Parr Insurance Agency to …
March 25, 2005
Overland Park, Kan.-based agency franchisor Brooke Corp. announced that it has sold all of its holdings of First American Capital Corp. to the company in a privately negotiated transaction. First American is the holding company of First Life America Corp., …
March 25, 2005
Missouri Gov. Matt Blunt’s nominee for insurance director overcame criticism of the way he was selected to be confirmed by the state’s Senate. W. Dale Finke, a past president of the Missouri Association of Insurance Agents, was nominated in January …
March 25, 2005
The Michigan Claims Catastrophic Association increased its annual assessment to insurers by 11 percent to $141.70 per insured vehicle from $127.24, drawing sharp criticism from the state’s insurance regulator. In a statement, the MCCA said an increase in the cost …
March 24, 2005
Howard Mills, acting New York superintendent of Insurance, promised a group of local agents, brokers and insurance company representatives he would stress the need to extend the Terrorism Risk Insurance Act beyond the end of 2005 when he travels to …