January 16, 2006
A new online quoting system has been introduced by Main Street America Group of Jacksonville, Fla. that enables independent agents to quickly obtain homeowners and personal auto business quotes directly from the firm’s website. Main Street America’s Personal Lines Quick …
January 16, 2006
California’s Second District Court of Appeals has decided that an insurance broker owed a legal duty of care to a third-party after an insurer refused to pay claims under an express policy exclusion. The case, Business to Business Markets Inc. …
January 16, 2006
Duane Morris has named William J. Casey to head of the law firm’s Insurance and Reinsurance Practice Group. Casey was the former managing partner of the San Francisco office of Hancock, Rothert and Bunshoft – which merged with Duane Morris …
January 16, 2006
Zurich Financial Services Group (Zurich) and affiliates of Hellman & Friedman LLC (H&F), a leading private equity investment firm, jointly announced that they have agreed not to proceed with the sale of Zurich’s wholly owned Universal Underwriters Group to an …
January 16, 2006
The 2006 Colorado legislative session is predicted to be a challenging year for insurers, as it works to keep costs down in the automobile insurance and workers’ compensation markets, according to theAmerican Insurance Association (AIA). Following the Interim Auto Insurance …
January 16, 2006
Morgan Hill, Calif.-based DMI Insurance Services Inc., has created a wholesale division that will specialize in E&S markets for independent auto dealers and automotive specialty shops. Tina Evans, an insurance professional with 15 years of experience, has been named commercial …
January 16, 2006
Seven suspects in California’s San Joaquin Valley region have been arrested for workers’ compensation fraud that cost insurers $900,000, and duped the state out of some $676,000 in payroll taxes, according to Insurance Commissioner John Garamendi. The arrests were made …
January 16, 2006
GAINSCO Inc. (announced that its newly formed and wholly owned subsidiary, GAINSCO Capital Trust I, issued $25 million of 30-year capital securities. GAINSCO is a Dallas, Texas-based holding company. Its nonstandard personal automobile insurance products are distributed through independent retail …
January 16, 2006
RISC Inc. announced it is rolling out a new commercial auto market in Oklahoma. Coverage highlight include: –Service vehicles of all types –Waste disposal; salvage and recycling operations –Oil Lease Operators and Oilfield Contractors –Contractors of most types –New ventures …
January 16, 2006
Adam S. Barker has been named senior consultant and practice leader in Charlotte, N.C. for Findley Davies of Toledo, Ohio responsible for health and group benefits in North and South Carolina. Barker was most recently president and founder of Ascendant …