Monthly Archives: <span>January 2006</span>

W. R. Berkley Forms Web-Based Underwriting Company

W. R. Berkley Corporation has launched Berkley Net Underwriters, LLC, a web-based system that will allow the company’s producers to quote and bind insurance on behalf of W. R. Berkley Corporation’s insurance company subsidiaries. Berkley Net Underwriters’ initial focus will …

EGI Financial Motors Into Ontario Motorcycle Insurance Market

Toronto-based EGI Financial Holdings Inc. reported that its wholly-owned subsidiary, Echelon General Insurance Company, is entering the Ontario motorcycle insurance market with a $5 million brokerage agreement with Riders Plus Insurance. Riders Plus, an Ontario motorcycle insurance brokerage, has agreed …

Ex-Employee Indicted for Theft of Insurer’s United Way Donations

A Springfield, Illinois woman has been indicted for allegedly stealing at least $150,000, mostly in United Way donations, from her former employer, Horace Mann Insurance Company. Gerri E. Ripka, 50, is accused of taking cash donations collected from the insurance …

La. Residents Urged to ‘Get Even Smarter’ About Insurance Coverage

As part of the National Association of Insurance Commissioners’ (NAIC’s) “Get Smart” program, the Louisiana Department of Insurance is encouraging consumers to “Get Even Smarter” about their insurance coverage at the start of 2006. The department noted that the 2005 …

Myers Named President of Dallas’ Southwest Insurance Agency

Michael E. Myers has been elected president of Southwest Insurance Agency, a wholly owned subsidiary of SWS Group Inc., a Dallas-based financial services holding company. A 34-year veteran of the insurance industry, Myers, who has served as executive vice president …

Md. Governor Names Orr as Insurance Commissioner

Maryland Governor Robert L. Ehrlich, Jr., has selected R. Steven Orr to serve as Maryland Insurance Commissioner. He succeeds Alfred W. Redmer, who resigned in October 2005 to join the private sector. Orr, 53, most recently served as senior vice …

Fla.’s Generator, Chainsaw Reimbursement Program Could Be Axed

Florida officials are scrutinizing a state program which reimburses residents for last-minute purchases of generators, chain saws and other hurricane-related purchases and considering eliminating it, because according to Craig Fugate, director of Florida’s Division of Emergency Management, the program rewards …

$565M Hurricane Prep Plan Budgets for Fla. Housing, Rental Recovery

Florida Gov. Jeb Bush has unveiled plans to prepare Florida for hurricanes by initiating housing programs to rebuild from past storms and survive future ones. The governor proposed an $808 million legislative agenda which includes $98 million to extend the …

PCI Denver Office Opens

The Property Casualty Insurers Association of America (PCI) has appointed Kelly Campbell as the regional manager of its newly opened office in Denver. Campbell will serve PCI members and address state legislative and regulatory issues affecting the property/casualty insurance industry …

ACIC Offers Post-Flood Tips

The Association of California Insurance Companies is offering the following tips for victims of the recent California storms: * Call your insurance agent as soon as possible to report your loss. It will be helpful to have the following information …