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

IIASA Announces Fun Day 2005

The Independent Insurance Agents of San Antonio will hold its Big “I” Fun Day 2005 on Sept. 12 at the Oak Hills Country Club, 5403 Fredericksburg Road in San Antonio. The club is the home of the “2005 Seniors PGA …

Zurich Appoints Flood as North American Crime Product Manager

Zurich, one of the nation’s largest property/casualty insurance companies, announced that Daniel Flood has joined its North American operations as crime product manager. In this role, Flood will have oversight for the marketing and underwriting functions of the commercial crime …

New ATRF Report Analyzes Why Texas County is a ‘Judicial Hellhole’

A new report released by the American Tort Reform Foundation details why Jefferson County, Texas – the only Texas jurisdiction to receive the “Judicial Hellhole” designation for three years in a row – has been a magnet for speculative litigation. …

Cosgrove, Dean of American Insurance Journalists, Dies at 93

Acknowledged by many as the dean of American insurance journalists, John N. Cosgrove, 93, passed away on Aug. 3, 2005. Born in Savannah, Georgia Cosgrove was raised in Brooklyn, N.Y., and moved to the Jersey Shore in 1948, living in …

MiniCo Reorganizes Executive Management Team

Phoenix, Ariz.-based MiniCo Inc. has announced an executive reorganization effective Aug. 1, 2005. Three new presidents will lead MiniCo’s core divisions: Mike Schofield, Insurance; Denise Nunez, Publishing; and Marilyn Leslie, Asian Operations. The three newly named presidents are longstanding MiniCo …

Insurers Pay $35 Million to 3M Breast Implant Settlement

3M Co. received $35 million from four insurers in July to settle breast implant lawsuits, the company announced late last week. The claims stem from a 2003 Minnesota Supreme Court ruling that 29 insurance companies must reimburse 3M for settlement …

St. Paul Travelers Appoints Benet as Vice Chairman/CFO

The St. Paul Travelers Companies, Inc. has announced that Chief Financial Officer Jay S. Benet, 53, has been promoted to the position of vice chairman and CFO. The appointment is effective immediately. “Jay has earned an outstanding reputation throughout the …

Ohio Insurance Department Reorganizes Fraud Division

Ohio Insurance Director Ann Womer Benjamin today announced the reorganization of the Department’s Office of Investigative and Licensing Services to create a Fraud and Enforcement Division and a Market Regulation and Licensing Division, both of which will now report directly …

APPEX Adds 10 New Member Agencies

APPEX (Agency Peak Performance EXchange) has announced that 10 new agencies have joined its membership. The new members include: Christensen Group Insurance Resources International Founded in 1952, CG-IRI, located in Minnetonka, Minn., has a rich history of client-focused service and …

Two Studies Reveal Increase in Motorcycle Deaths Due to Repeal of Florida Helmet Law

Motorcycle fatalities have risen sharply in Florida since the state repealed its mandatory helmet law, according to two studies, one by the government and the other by the Insurance Institute for Highway Safety. The studies indicate states that repeal such …