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

Adams Appointed to Fill Arizona House Vacancy

Arizona’s Maricopa County Board of Supervisors has appointed Kirk Adams, already a candidate for a state House seat, to fill a vacancy created by the resignation of Rep. Chuck Gray, a fellow Mesa Republican. Adams, an insurancy agency owner, was …

Officials Hope ’06 Quake Centennial Prompts More to Get Insurance

When San Francisco resident Charlie Bott got an offer in the mail recently for earthquake insurance, he stared long and hard at the bottom line. Then he threw it away. “It was way beyond anything you pay for house insurance. …

Cat Commercial Product Launched in Southeast States

In response to unmet capacity needs created by the devastating natural disasters of 2005, International Catastrophe Insurance Managers, LLC (ICAT), and National Fire and Marine Insurance Company (Berkshire Hathaway Group) have launched a new catastrophic coverage product for commercial special …

S.C. Coastal Homeowners Offered Catastrophe Coverage Product

A homeowners catastrophe product for residential dwellings in South Carolina’s coastal counties has been introduced by International Catastrophe Insurance Managers, LLC and Praetorian Financial Group, Inc. (Praetorian). The new ICAT product, written on a surplus lines basis, provides catastrophe coverage …

Suit Over Flooding Cause Moved to New Orleans

A suit seeking to have a judge decide whether hurricane damage in the New Orleans area was a problem caused by man or an “act of God” has been moved to New Orleans federal court. U.S. District Judge Frank Polozola …

Lawyer of Businessman Accuses Okla. AG of Playing Politics With Probe

Oklahoma Attorney General Drew Edmondson disagrees that politics has been behind an investigation of a Texas businessman suspected of bribing former Insurance Commissioner Carroll Fisher. “The investigation is a year and a half old and there’s no credible evidence against …

Texas to Host Presentations on Treatment and RTW Guidelines

The Texas Department of Insurance Division of Workers’ Compensation will hear presentations from treatment and return-to-work guideline vendors on March 23, 2006, from 1:30 p.m. to 4:30 p.m. The presentations will be held in the Tippy Foster Room of the …

Dallas’ Capstone Notes the Addition of Kerael and Martinez

Capstone Underwriters Inc., based in Dallas, Texas, announced that Patrick Kerael has joined the firm as executive vice president and chief financial officer. Kerael most recently held the position of comptroller and project manager for the Sanford Writing Division of …

Kirchner Joins PWIB Texas as Senior Underwriter/Broker

PWIB Texas reported that Russ Kirchner has joined the company as senior underwriter/broker. Kirchner will work out of PWIB Texas’ San Antonio office at 1380 Pantheon Way, Suite 390. Kirchner has 35 years’ experience as an insurance wholesaler, having served …

Fort Dearborn Life to Acquire Highmark Life Insurance Company

Chicago-based Fort Dearborn Life Insurance Company, a subsidiary of Health Care Service Corporation., a Mutual Legal Reserve Company, has announced its intent to acquire the life and disability business of Highmark Life Insurance Company. “This is another important step in …