Arthur J. Gallagher & Co. reported the acquisition of Brokerage Professionals Inc. of Media, Pennsylvania. Terms of the transaction were not disclosed. Established in 1982, Brokerage Professionals Inc. (bpi) is a full-service retail insurance broker providing commercial property/casualty, workers’ compensation …
Western Security Surplus Insurance Brokers Inc., Pasadena, Calif., has promoted Kyle Stevens executive vice president and chief operating officer, effective Jan. 1, 2006. Previously vice president/branch manager of the Dallas office, Stevens will now oversee all offices of the company …
Columbus, Ohio-based State Auto Financial Corporation has been named by Forbes Magazine as its Best Managed Company in the insurance industry for the year 2006. State Auto’s ranking appears in the January 9, 2006 issue of the magazine that listed …
A Marine reservist who lost a leg in Iraq will be one of the first injured Idaho soldiers to receive money under traumatic injury insurance legislation sponsored by U.S. Sen. Larry Craig, R-Idaho. “I came out here to say thank …
Two Michigan courts have ruled that the insurer of a truck must pay $18,000 for damage caused to a small airplane that crashed after clipping the truck as the pilot tried to land in a grassy airfield. Cincinnati Insurance Company …
Washington’s minimum wage will increase 28 cents to $7.63 an hour beginning Jan. 1, 2006. The Department of Labor and Industries recalculates the state’s minimum wage each year in September, as required by Initiative 688, which Washington state voters approved …
New Mexico’s Museum of Fine Arts has acquired a 1923 Stuart Davis painting, while the private Georgia O’Keeffe Museum has announced it has acquired another O’Keeffe painting and works by eight other artists. The Museum of Fine Arts received $700,000 …
Three operators of an Orange County, Calif., clinic pleaded guilty to charges they bilked insurers out of nearly $15 million by operating on healthy people, authorities said. Scheme mastermind Tam Vu Pham, 41, faces 13 years in prison after pleading …
The Missouri Department of Insurance recently released its review of the annual loss cost filing submitted by the National Council on Compensation Insurance. Insurers and self-insurers use loss costs to establish final workers’ compensation insurance premium rates. The rates are …
Cambridge General Agency is saddened to announce the passing of one of its long-time employees. Howard Mitchell died on Friday, Dec. 9. Mitchell worked for Cambridge General Agency since February 1989. He was responsible for opening the company’s Stockton and …
