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

Preferred Club Program Adds D&O Market from RSUI

Venture Insurance Program’s Preferred Club Program has added a new market for Directors’ & Officers’ liability coverage with RSUI. RSUI’s D&O coverage, rated “A” (Excellent) class X by A.M. Best Co., may include the following coverage enhancements: separate limits for …

Curley Insurance Group Repeats as a Dallas Top 100 Company

Dallas, Texas-based Curley Insurance Group reported it has once again been named to the Dallas 100. The Dallas 100, currently in its 16th year, recognizes companies that have made significant contributions to the area by generating thousands of new jobs, …

Cali Joins Gilsbar Sales Team in La.

Privately held third party administrator Gilsbar, based in Louisiana, reported it has added Stephen Cali to its Louisiana sales team as a regional sales manager. With over 12 years experience in corporate employee benefit sales, Cali joins Gilsbar from Benesys …

Beacon Appoints New Field Representative for Ark.

Beacon Insurance Group has named Jim Woods as the company’s new field marketing representative for the State of Arkansas. Woods brings over 23 years of operations and marketing experience to Beacon. Prior to joining Beacon Jim served as the field …

Christie Joins Euler Hermes ACI as Regional Vice President

Trade credit insurance provider Euler Hermes ACI announced that Rani Christie has joined the company as regional vice president for its new Southern sales region. The new Southern Region, the fourth sales region for the company, encompasses the states of …

GE Insurance Solutions: Are Insurers Prepared for the Perfect Storm?

While increased frequency of hurricanes is nothing new in historical terms, the enormous growth in coastal population and development is dramatically increasing the potential for insured losses, according to a new paper from GE Insurance Solutions. “Demographic trends in Florida …

Okla. Commissioner Explains Changes at Insurance Department

Stringent new ethics rules and the elimination of patronage should limit questions about staff integrity at the scandal-plagued Oklahoma Insurance Department, Insurance Commissioner Kim Holland said in an interview. Employees cannot accept “even a cup of coffee” from an insurance …

Texas Auto Insurance Plan Names New General Manager

Cathleen C. Beavers has been named general manager of Texas Automobile Insurance Plan Association, according to TAIPA Chairman Brad Duelks. Previously, Beavers was residual market business advisor for USAA in San Antonio where she managed the auto residual market for …

Pennsylvania Court Rules Parents’ Homeowners Policy Covers Shootings by Son

An insurance company might have to pay $1.8 million if the lone survivor and relatives of five other victims of a shooting spree win lawsuits against the attacker’s parents, the Pennsylvania Superior Court ruled. Donegal Mutual Insurance Co. would have …

QBE Reports 2005 Profits Up 27% to $806 Million

The directors of Australia’s QBE Insurance Group Limited announced that net profit after tax for the 2005 financial year increased by 27 percent to A$1.091 billion (US$806 million). Profit before tax was up 37 percent to A$1.523 billion (US$1.125 billion). …