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

Gov. Perry to Headline IIAT’s Joe Vincent Management Seminar

Texas Gov. Rick Perry will deliver a special luncheon address to nearly 400 of the state’s most progressive and influential independent insurance agency principals and managers when they gather for the Independent Insurance Agents of Texas’ 43rd Annual Joe Vincent …

Punta Gorda, Fla. City Manager Issues Ultimatum: ‘Tear Down, Rebuild, or Face Heavy Fines’

Punta Gorda, Fla. property owners have received an ultimatum from City Manager Howard Kunik, tear down or completely rebuild buildings damaged by Hurricane Charley, or face heavy fines. Hurricane Charley hit Punta Gorda almost 18 months ago and Kunik has …

FEMA Says Condo Owners Can Apply for Hurricane Wilma Assistance

The Federal Emergency Management Agency in Orlando, Fla. has reversed its position and is encouraging condominium associations needing financial assistance to repair roofs and other property destroyed or damaged by Hurricane Wilma, but the deadline to apply for such aid …

How Producers Build Up Construction Insurance Business

Insurance producers land new accounts every day. But successfully building a solid block of business from one new account does not happen every day, particularly in the field of construction insurance. Dave Sinclair of Sinclair Group in Wallingford, Conn., remembers …

Ga. Commission Clears Oxendine of Alleged Misuse of Campaign Funds

The State Ethics Commission has cleared Insurance and Safety Fire Commissioner John Oxendine of allegations that he misused campaign funds. Oxendine, who has been commissioner since January 1995, was accused of several potential ethics violations, including transferring more than five-thousand …

Crutchley Named President of W.R. Berkley’s Facultative ReSources

W. R. Berkley Corporation in Greenwich, Conn. has named James H. Crutchley president of Facultative ReSources, Inc., which underwrites facultative reinsurance through the broker market on behalf of its affiliate, Berkley Insurance Company. Crutchley has been with Fac Re since …

Md. Revisits Bill Pressuring Wal-Mart to Improve Employee Benefits

A proposed Maryland law that attempts to pressure Wal-Mart to provide better health care benefits for its employees would violate federal law, the Maryland Chamber of Commerce said. The business group issued a report just days before the start of …

Conn. Town Hall Destroyed by Fire Found to be Uninsured

A fire on Tuesday destroyed the town of Griswold, Conn.’s historic former Town Hall, which led to the discovery that the $2.1 million insurance policy on the building expired in October. The fire reduced the structure to a smoldering brick …

Hybrid Car Owners Get Premium Break from Travelers

Travelers personal lines, a member of St. Paul Travelers, said it plans to implement a 10 percent discount on auto insurance to hybrid vehicle owners in the U.S. beginning in February 2006. Travelers said it is the first auto insurance …

Escape Blocked: Black Hole Claims 12 in W.Va. Nightmare

With their escape routes blocked by heavy smoke, most of the 13 miners caught in an explosion in Tallmansville, W. Va. did what they were trained to do: They retreated deeper into the mine and hung a curtain-like barrier to …