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

Carr Becomes Partner at Greene Broillet & Wheeler, LLP

Santa Monica-based Greene Broillet & Wheeler, LLP announced that associate Scott H. Carr has become a partner with the firm. Carr represents clients in the areas of business litigation, legal malpractice, insurance bad faith, products liability, and employment litigation. “I’ve …

N.D. Hailstorm Damage Tops $100M Insured Damage

A severe hailstorm that ripped through Bismarck and Hettinger, North Dakota late last month caused more than $100 million in damage to insured property. According to North Dakota Insurance Commissioner Jim Poolman, several major insurers who write a majority of …

Cooper Gay Venture to Strengthen North American Reinsurance Treaty Operations

London-based Cooper Gay Group and Michael W. Cashman, have joined forces to form Cooper Gay & Cashman, a new reinsurance brokerage firm that will focus on the North American Treaty Reinsurance Brokerage market. The joint venture operation is headquartered in …

Fla. Medical Examiners to Discuss FEMA’s Non-Hurricane Funeral Payments

The Florida Medical Examiners Commission will meet Thursday on Key Biscayne, Fla. to discuss findings indicating that the Federal Emergency Management Agency paid hurricane funeral claims in Florida amounting to $1.3 million, two-thirds of which were unrelated to hurricanes. A …

Earthquake Damage Can Be Avoided

Although earthquakes are among the least predictable natural hazards, losses to unprepared businesses can be substantial when they do occur. Affiliated FM, a commercial property insurer and loss prevention expert serving medium-sized companies, released actionable steps businesses can take to …

Hallmark Financial Services Approved for AMEX Listing

Hallmark Financial Services Inc., based in Fort Worth, Texas, announced that its common stock, $0.03 par value per share, has been approved for listing on the American Stock Exchange. Beginning Aug. 10, 2005, Hallmark’s common stock will trade on the …

Ames & Gough Adds Pair of Construction and Design Firm Execs

Ames & Gough, an insurance broker and risk management consultant specializing in serving architects, engineers, lawyers and the managed care industry, announced the hiring of two former senior Marsh USA executives – Gregg Bundschuh and Dave Collings – to establish …

Thousands of Me. Drivers’ Licenses Suspended Mutliple Times

Nearly 7 percent of Maine drivers have had their licenses suspended five or more times, and more than 23,000 have had their licenses suspended at least 10 times, according to state estimates. There are about 984,000 people with Maine licenses, …

Miamian Receives Probation for Making Fraudulent $1,452 FEMA Claim

Aaron Brown, a Miami man sentenced to probation in Dade County, Miami, Fla., has become the second member of his family convicted of fraudulently obtaining federal disaster money for Hurricane Frances last fall. According to the South Florida Sun-Sentinel, Aaron …

Gallagher, Crist Withdraw Proposed Rule to Give Insurance Companies Higher Profits

A proposed rule that would have explicitly given insurance companies the option to seek higher profits, scheduled to be approved Tuesday by the Florida Cabinet, was withdrawn on Tuesday by Tom Gallagher, Florida’s DFO and Attorney General Charlie Crist. “I …