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

New Hawaii Lava Flow Report Introduced

CDS Business Mapping LLC, a provider of online hazard mapping, is now offering Hawaii Lava Flow reports on its RiskMeter Online Web site (www.RiskMeter.com). By simply typing in an address, underwriters and agents will receive a detailed report that returns: …

CHOICE Promotes Halvaei to Marketing Director; Makes Other Appointments

Yvonne Halvaei has been promoted to marketing director of CHOICE Medical Management Services LLC of Tampa, Fla. The company also announced Julie Fetherman and Michael A. Reali have been named account executives for Medical Management Services LLC; Rebecca Bennett provider …

Axa Contacted by N.Y. AG, U.S. Securities and Exchange Commission Over MBIA Transactions

French insurer Axa has reportedly been contacted by The New York Attorney General’s Office and the U.S. Securities and Exchange Commission regarding prior transactions its reinsurance body had with bond insurer MBIA. Axa Re, which said it fully plans to …

McQueary Henry Bowles Troy Opens Austin Office

McQueary Henry Bowles Troy L.L.P (MHBT), one of the largest privately-owned, independent insurance brokerages in the nation, announced the opening of a new office in Austin, Texas. The new MHBT location will immediately be staffed with 17 employees serving clients’ …

Young N.C. Golfers Invited to Compete in Regional ‘Big I’ Qualifying Tournaments

The Independent Insurance Agents of North Carolina has invited participants to play in qualifying tournaments for the annual Trusted Choice Big I Junior Classic (Big I) national finals. The tournament is open to local junior golfers—both boys and girls—18 and …

La. Producer Arrested and Issued C&D

Louisiana Commissioner of Insurance Robert Wooley announced that a Lafayette area insurance producer was arrested and issued a cease and desist order for allegedly misappropriating insurance funds. Department of Insurance Fraud Unit investigators served Audrey Thibodeaux Davis, 45, with a …

MetLife Buy of Travelers to Cost 600 Jobs

MetLife Inc., one of the nation’s largest insurers, revealed that it will cut 600 jobs within a year as part of its takeover of Travelers Life and Annuity. One hundred positions will be eliminated immediately and 500 others will be …

Pataki, Spitzer Spar Over AIG Lawyer Contributions

Political war broke out this week between Republican New York Gov. George Pataki and Democratic state Attorney General Eliot Spitzer as the two sides traded charges over campaign contributions related to insurance giant American International Group. Pataki and Spitzer are …

PICC to Form Chinese Life Venture

China’s PICC Property and Casualty Co. Ltd., the country’s largest P/C insurer, is poised to enter the rapidly expanding Chinese life insurance market with the announcement that it is forming a joint venture with other Asian partners from Thailand, Hong …

SCOR Reports Strong Asian April Renewals

France’s SCOR Group reported that treaty renewals in the Asian market, concluded on April 1, showed good gains. “Non-Life treaties in Japan and Korea (72% of the 2004 Asia-Pacific zone Property & Casualty treaties) were up for renewal at 1 …