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

ACE USA Names Goanos to New Post

ACE USA, the U.S.-based retail division of The ACE Group of Companies, announced that Larry Goanos has been named senior vice president and Financial Services Industry practice leader. Based in New York, Goanos will be responsible for coordinating the marketing …

Muniz Named DFS General Counsel

Florida’s Chief Financial Officer Tom Gallagher announced that Carlos Muniz, former deputy general counsel to Governor Jeb Bush, has been tapped to serve as general counsel of the Department of Financial Services. Muniz will start April 12. Muniz, who has …

Hunt to Receive IIABA’s 2005 Maurice Herndon Scholarship

Margaret Hunt of the J. Fletcher Willey Agency Inc. in Nags Head, N.C. is the winner of the 2005 Maurice Herndon Scholarship sponsored by the Independent Insurance Agents and Brokers of America. Hunt will receive the scholarship during Big “I’s” …

Philadelphia Insurance Cos., CIGNA Partner on Coverages for P/C Customers

Philadelphia Insurance Companies and CIGNA have finalized a strategic alliance to offer property/casualty insurance to CIGNA’s Participant Accident customers and Participant Accident coverage to PHLY’s property/casualty customers. Doug Gaudet, VP of Commercial Lines of Philadelphia Insurance Companies noted, “This is …

FAIA Mourns Passing of Former Exec. V.P. Tom Johnson

Tom Johnson, the former executive vice president of the Florida Association of Insurance Agents from 1948 to 1986, passed away in his sleep at 7:05 p.m. April 8 with his family and a few close friends at his bedside. Johnson …

Best Affirms Medical Protective’s ‘A-‘ Ratings

A.M. Best has affirmed its “A-” rating and stable utlook of Fort Wayne, Ind.-based Medical Protective Co., a subsidiary of GE Insurance Solutions Corp. Medical Protective also holds an “A” counterparty credit and financial strength rating from Standard & Poor’s …

P/C Industry Says Treasury Study Inadequate Gauge of Terrorism Insurance Market

Two months before the study is expected to be done, the property casualty insurance industry is getting nervous about a study on terrorism insurance being conducted by the Treasury Department, a study some in Congress are waiting to read before …

COO Miller Exits St. Paul Travelers for OneBeacon

The St. Paul Travelers Companies, Inc. today announced that T. Michael Miller, co-chief operating officer, has resigned to pursue an opportunity outside of the company. Miller is going to OneBeacon Insurance, a wholly owned subsidiary of White Mountains Insurance Group, …

Pa. Counties Flood for Second Time in 7 Months

The grim task of damage assessment continued last week as officials in nine Pennsylvania counties took note of houses, businesses, roads and bridges stricken by flooding from rains last weekend. Thousands of structures up and down the Delaware and Susquehanna …

Rainy Season Produces Sinkholes in Pittsburgh Area

Months of record-setting rains that caused an abandoned coal mine to burst forth with more than 200 million gallons of water are now causing a rash of mine-related sinkholes in southwestern Pennsylvania. Four sinkholes have been reported in Pittsburgh and …