January 3, 2006
The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) this week authorized the use of federal funds from the Nation’s Disaster Relief Fund to help Texas, Oklahoma and New Mexico fight 17 fires burning in those three states. …
January 3, 2006
Sky Financial Group Inc. reported the acquisition of Peter B. Burke Agency Inc. located in Pittsburgh. Peter B. Burke is a full-service insurance agency that specializes in property and casualty insurance and surety services. The agency was merged with and …
January 3, 2006
At least six states are likely to advance rate modernization initiatives this year, a legislative preview prepared by the National Association of Mutual Insurance Companies (NAMIC) reveals. NAMIC Senior State Advocacy Director Neil Alldredge said bills favoring more competitive rating …
January 3, 2006
California-based Sloan Mason reported access to a new A- VIII carrier, which will provide competitive GL and wrap-up coverage for residential contractors in California. These contractors can perform work in new tract developments, as well as on custom residential homes. …
January 3, 2006
Virginia officials have approved changes that will increase overall workers’ compensation premium levels in the voluntary market for the industrial and federal (F) classes while decreasing premiums levels for coal mine classes. The State Corporation Commission said the changes are …
January 3, 2006
GEICO is reducing auto insurance rates for its policyholders in Colorado. The statewide average rate decrease is 7.1 percent for GEICO and GEICO General policyholders. Overall premium changes for individual motorists will vary based upon factors such as coverages purchased, …
January 3, 2006
W. R. Berkley Corp. reported that Karen Horvath has been named to the newly created position of vice president – external financial communications. Her principal duties will relate to communications between the company and its investors, analysts and rating agencies. …
January 3, 2006
Michael J. Roche, senior vice president of Protection Technology and Administration for Allstate Insurance Company, Northbrook, Ill., was named in December to IDG’s Computerworld Premier 100 IT Leaders Award Program. Roche was selected from nearly 500 nominees representing organizations around …
January 3, 2006
The Insurance Skills Center will be hosting its 14th Annual Palm Springs Getaway, Jan. 27-28, 2006, at the Palm Springs (Calif.) Rivera. Classes that will be held include: Broker-Agent Disclosure (2 continuing education credits); EPLI Update (2 CEs); The Internet—Your …
January 3, 2006
Jacobs Financial Group Inc. has acquired all of the issued and outstanding stock of West Virginia Fire and Casualty Company (WVFCC) from The Celina Mutual Insurance Company (Celina) of Celina, Ohio. The transaction had received final regulatory approval from the …