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

Chubb Introduces Texas Agreed Value Auto Policy

Texans can now purchase auto insurance that locks in the amount they would receive if their vehicle is stolen or totaled during the policy term, according to Chubb Group of Insurance Companies. Chubb announced it is rolling out in Texas …

National Advantage Insurance Services Now Writing in Texas

Clifford Mapes, president and CEO of Tustin, Calif.-based National Advantage Insurance Services Inc., announced that he has been appointed and approved for writing several insurance products in the state of Texas. The line up of insurance risks for which National …

Campbell Named Dallas Insurance Professional of the Year

Toni Campbell with RISC Inc. has received the Insurance Professional of the Year Award given by the Dallas Association of Insurance Professionals. Campell has 35 years of Dallas insurance experience and currently serves RISC as marketing manager. Among her many …

Allstate Rolls Out Your Choice Auto Insurance in Texas

Allstate announced the Texas rollout of a new product, Your Choice Auto Insurance, which the company says provides consumers more choices, innovative features and enhanced rewards for safe drivers. The product, available beginning May 23, is offered through both independent …

ACUITY Tabs Fahrenkrug to Manage Mich., Northern Ohio Territories

Jennifer Fahrenkrug has been promoted to territory manager at Sheboygan, Wis.-based regional property/casualty insurer ACUITY and will handle the company’s Michigan and Northern Ohio territories. Fahrenkrug began her insurance career with Citizens Insurance as a commercial lines underwriter, eventually earning …

Survey: Consumerism Gaining Foothold in Group Benefits for Mich. Mid-Market

Troy, Mich.-based benefits broker McGraw Wentworth released the results of its 2005 Southeast Michigan mid-market group benefits survey. The survey compares benefit plans and trends among 465 mid-sized organizations in Southeast Michigan with 100 to 12,000 employees. The survey results …

Rhode Island House Backs 60-Day Limit on Uninsured Driver Claims

The Rhode Island House of Representatives passed a bill last week that would require insurance carriers to respond to a request to settle with an uninsured driver within 60 days of the request; if the request has not been responded …

Zurich Ireland Authorized for European Corporate; S&P Assigns ‘A+’ Rating

Zurich Financial Services Group (ZFS) announced today that Zurich Insurance Ireland Limited (ZIIL), formerly Eagle Star Insurance Company (Ireland) Ltd., will become an EU-wide risk carrier for Global Corporate business with the ability to operate through a branch network under …

R&M Reports on FSA Regulation

Dublin-based Research and Markets announced the addition of “FSA Regulation — A Summary of Insurance Distribution” to their offering.” The report examines the distribution of general insurance following the start of FSA (the U.K.’s Financial Services Authority) regulation in January …

S&P Affirms Zurich’s ‘A+’ Rating; Off CreditWatch; Outlook Negative

Standard & Poor’s Ratings Services announced that it has affirmed its ratings on the various operating entities of Swiss-based composite insurance group Zurich Financial Services (collectively ZFS), including its ‘A+’ long-term counterparty credit and insurer financial strength ratings and its …