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

Nationwide Mutual Targets Ohio, National Minorities for P&C Sales

Nationwide Mutual Insurance Co. is targeting minorities to grow its property and casualty insurance business. Beginning this month, the Columbus, Ohio-based insurer has tailored its “Life comes at you fast” ad campaign to promote insurance policies to black and Hispanic …

CPCU September Meeting: Bob Ricker to Discuss Citizens Future

Bob Ricker, president of Citizens Property Insurance Corp. will be the featured speakers during the Sept. 12 meeting of the Florida Suncoast Chapter of the Chartered Property Casualty Underwriters Society. Carol Everhart, a former member of the Department of Financial …

GFB & Sons Offers Expanded Ill. Liquor Liability Program

Geo. F. Brown & Sons, Inc. (GFB) has reached an exclusive agreement with the AM Best “A”-rated carriers of the RSUI Group Inc. to expand its Illinois liquor liability program to a multi-state program. The program is now available in …

Only One Policyholder Turned Out For Allstate Floridian Public Hearing

The Florida Office of Insurance Regulation reserved a high school auditorium for five hours so that homeowners could voice their opinion on Allstate Floridian Insurance Company’s request to increase rates by 30 percent for 600,000 Florida customers—but only one policyholder …

Brooke Announces Pricing of Common Stock Offering

Brooke Corporation announced the pricing of its follow-on offering of 2.5 million shares of its common stock at a price of $11.50 per share. Closing is expected to occur on August 15, 2005, subject to customary conditions. Brooke Corporation is …

Wisc.’s ACUITY Announces Promotion

Wade Juza was recently promoted to senior systems engineer at ACUITY’s corporate headquarters in Sheboygan, Wisc. Juza joined ACUITY as a programmer analyst in June 1998 and was later promoted to senior programmer analyst. He was named systems engineer in …

Summit Announces ElectriciansMAX – insurance for the electrical professional

Las Vegas, NV – Summit Insurance Services, Inc. has an “Admitted” Insurance Program designed specifically for commercial electrical contractors in California. The program is written through Alea North America Insurance Company rated “A-” by A.M. Best and S & P. …

Feds Investigating Conduct Behind Firing of MassMutual CEO

Federal prosecutors are investigating the conduct that led to the firing of former MassMutual chief executive Robert J. O’Connell, the company disclosed in court documents. The company acknowledged the federal probe as part of a complaint, filed in Hartford Superior …

NASI Report Tracks Mich., Ohio Workers’ Comp Payments for 2003

Michigan’s total workers’ compensation payments for injured workers’ cash benefits and medical care fell by 2.4 percent to $1,477 million in 2003, according to a report released today by the National Academy of Social Insurance (NASI). Nationally, workers’ compensation payments …

Safety Procedures Ignored in Okla. Water Park Death

Okla. Commissioner of Labor Brenda Reneau released the “Final Investigatory Report” of the recent fatality incident at Sun & Fun Water Park, Ponca City. A park employee, 17-year-old Alan J. Bray, died from injuries he sustained after falling from a …