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

Walker-Eich Joins WFG Capital Advisors

Kathy Walker-Eich has joined WFG Capital Advisors LP of Harrisburg, Pa., an investment banking firm for the insurance industry, as principal to lead WFG’s corporate finance services. Walker-Eich will remain located in the greater Chicago area, operating WFG’s mid-west satellite …

Md. Commissioner Orr Defends GEICO Against Unfair Underwriting Charges

In a letter to the Consumer Federation of America (CFA) and to the New Jersey Citizens United Reciprocal Exchange (CURE), Maryland Insurance Commissioner R. Steven Orr dismissed allegations by those organizations that GEICO Insurance has engaged in unfair rating practices. …

N.H. Employers Receive Refunds on Workers Comp Policies

Insurance companies in New Hampshire have refunded $666,086 on 13,424 workers’ compensation policyholders for policies written in 2003, 2004 and 2005. Insurance Commissioner Roger Sevigny last July ordered insurers to correct for mistakes in employer class codes that were used …

N.J. Gov. Corzine Swears In Goldman as Insurance Commissioner

New Jersey Governor Jon S. Corzine administered the oath of office on March 24 to the new Commissioner of the Department of Banking and Insurance Steven M. Goldman. Corzine named Goldman to the cabinet post on January 31. Earlier this …

Cincinnati Financial to Host Internet Conference Call on 2006 Earnings

Cincinnati Financial Corporation will host a live Internet broadcast of its conference call to discuss first-quarter 2006 earnings results on Wednesday, May 3, 2006, at 11:00 a.m. (eastern time). Results will be released earlier that morning. To access the call, …

Agents Call for Long-Term Terrorism Insurance Solution

The nation’s largest insurance association called today for the creation of an effective, long-term mechanism to manage the unique risk posed by terrorist attacks. Independent insurance agent Sharon Emek, Ph.D., CIC, a partner with New York-based CBS Coverage Group, Inc., …

Insurance Web Sites Benchmarked in New Study

The insurance industry lags behind in Web site performance and has underperformed the overall industry benchmark in six of the past nine years, according to the Internet Standards Assessment Report (ISAR) released by the Web Marketing Association. The underperformance also …

Safeco To Host First-Quarter Earnings Conference Call

Seattle-based Safeco will be announcing its first quarter financial results on a conference call to be held 11 a.m. EST on May 2, 2006. The call also will be archived later in the day for replay on the Internet at …

Cant To Head Washington Workplace Safety and Health Division

Following a nationwide search, Steve Cant has been named to lead the workplace safety and health division of Washington’s Department of Labor and Industries (L&I). “I’m confident Steve is the right person to move our safety and health program forward, …

Barney & Barney Adds Two to Ownership Ranks

Barney & Barney LLC, a San Diego-based risk management consulting and insurance brokerage firm, has promoted John Niedernhofer and William Peartree to ownership status within the firm. Niedernhofer heads the firm’s Executive Risk Practice specializing in directors & officers liability …