September 21, 2005
The Independent Insurance Agents of Georgia has contributed $3,000 to its sister associations in the states damaged by Hurricane Katrina. “We mailed the checks the Tuesday after Labor Day. We also appealed to our members to contribute directly and many …
September 21, 2005
McFall General Agency Inc., Pacific Northwest General Agency announced that Dyan Bates has been promoted to assistant vice president, manager of Commercial Transportation and Garage Department effective Sept. 7, 2005. McFall General’s Transportation & Garage Department underwrites commercial Transportation risk …
September 21, 2005
State Compensation Insurance Fund’s Santa Rosa District Office has contributed approximately $5,300 to the Hurricane Katrina relief effort. The office’s Hurricane Katrina contribution is just one of many community fund drives employees have undertaken through an ongoing community services program …
September 21, 2005
Richard L. Polizzi, president of Western Security Surplus Insurance Brokers Inc. announced that Barbara Carey has been promoted to vice president/manager of the Roseville office effective immediately. According to Polizzi, “This is a well deserved promotion for Barbara. She has …
September 20, 2005
American International Group Inc. has issued an initial estimate of its total expected losses relating to third quarter catastrophe events, principally Hurricane Katrina, totaling approximately $1.1 billion after-tax. AIG estimates that its total after-tax insurance related losses, net of reinsurance …
September 20, 2005
A new federal policy outlined a week before Hurricane Katrina struck could force residents in hundreds of communities nationwide to buy flood insurance and halt construction in some low-lying areas, including parts of California’s Central Valley. Any flood plain protected …
September 20, 2005
Texas Medical Liability Trust announced that effective Jan. 1, 2006, it will reduce medical liability rates for new policyholders by 5 percent across the board. Current TMLT policyholders will receive this rate decrease when their policy renews. TMLT has reduced …
September 20, 2005
The Texas Department of Insurance issued a reminder to insurance professionals in Texas that they have a duty to report insurance fraud. TDI’s bulletin stated: “Important and significant changes regarding the duty to report fraudulent insurance acts in the state …
September 20, 2005
Indiana insurance agent J. Michael Miley has been elected to the Executive Committee of the Independent Insurance Agents & Brokers of America (the Big “I”). Miley, an account executive with Gibson Insurance Group in Plymouth, Ind., began working with the …
September 20, 2005
Preliminary reports suggest only moderate damage occurred as Hurricane Rita threaded the needle between the Florida Keys and the northern coast of Cuba Tuesday afternoon flooding roads and beaches with seawater. As Rita’s 100 mph winds whipped past Key West …