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

U.S.I. Holdings Names Pan Sr. VP of Business Transformation; Will be Based in Dallas

U.S.I. Holdings Corp. announced the appointment of C. Jeff Pan as senior vice president – Business Transformation of the company. Pan, who will be based in Dallas, is responsible for transforming the company’s business processes from a decentralized, distributed model …

Alfa Corp. Reports Q1 Losses Due to Storms

Montgomery, Ala.-based Alfa Corp. has reported its first-quarter net income, which includes net realized investment gains and losses, was $21.57 million, or 27 cents per diluted share, compared with $25.47 million, or 32 cents per diluted share, in the first …

Florida’s Soto Nominated as Big ‘I’ President Elect; Iowa’s Fulwider Named Next VP

The Independent Insurance Agents & Brokers of America’s (the Big “I”) National Board has nominated Alex Soto as the association’s president-elect and has elected Robert Fulwider as the Association’s next vice president. The board’s action came last week following the …

Travelers Aiding Agents with New Ad Campaign

Travelers personal lines, a member of St. Paul Travelers, has launched a new campaign to support its network of independent agents with advertising tools they can personalize in their local market. The Helping Agents Grow campaign includes template ads for …

ACUITY Names Jones as Territory Manager

ACUITY recently named Susan Jones as territory manager. In this capacity, Jones will manage growth in a $115 million revenue territory and relationships with more than 800 agents in northeastern Wisconsin. Jones first began her career at ACUITY in 1989 …

California Panel To Consider Anti-Consumer Insurance Bills

The Senate Banking, Finance and Insurance Committee this week will consider three bills that have one thing in common – provisions that ultimately will hurt consumers if enacted, according to Sam Sorich, president of the Association of California Insurance Companies …

Wyoming Legislator: Tort Reform Defeat ‘A Huge Mistake’

Wyoming voters erred when they defeated the proposed constitutional amendment in November to allow the state to cap medical malpractice damage awards, Rep. Barbara Cubin said. “I think that was a huge mistake,” Cubin told about 35 people at a …

Best Affirms Ratings for The Egyptian Reinsurance Co.

A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) and the issuer credit rating of “bbb” of The Egyptian Reinsurance Company (Egypt Re) (Egypt). The outlook for both ratings is stable. The ratings reflect Egypt Re’s …

SeaBright Insurance Holdings Pleased with Q1 Numbers

Seattle-based SeaBright Insurance Holdings Inc. announced results for the first quarter ended March 31, 2005. For the first quarter of 2005, net income was $2.7 million or $0.18 per share on a diluted basis. For three months ended March 31, …

Aflac’s Duck ‘Trumped’ By Melania

Columbus, Ga.-based Aflac will unveil a May 2 television spot in which Donald Trump’s wife Melania provides the duck’s voice, and says more than the standard “Aflac!” line. The Aflac Duck gets a bigger speaking role in its 22nd commercial …