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

Florida Considering Commercial Joint Underwriting Association

The Florida Office of Insurance Regulation is discussing with the Financial Services Commission (Cabinet) the possibility of activating the Standby Commercial Joint Underwriting Association. According to the Florida Surplus Lines Association, regulators are responding to increasing complaints from business owners …

N.C. Young Agents Name Top Agent; Broker, Company

The Young Agents Committee of the Independent Insurance Agents of North Carolina has named Kenneth L. Richardson, vice president of Senn Dunn in Greensboro, N.C., as its “Young Agent of the Year.” At the same time the Young Agents honored …

HCC Insurance Acquires Ind.-based Novia Underwriters

Houston-based HCC Insurance Holdings, Inc. recently announced that the company had reached an agreement to acquire Indiana-based Novia Underwriters, Inc. for an undisclosed consideration. The transaction is expected to close shortly. Novia is an underwriting agency based in Indianapolis that …

Hall Promoted to CEO at RG America

RG America Inc., a Dallas-based insurance restoration company specializing in recovery, remediation, roofing and re-construction of insurance losses, announced that Bruce A. Hall, who has been serving as chief financial officer for RG America, is being promoted to the position …

Moss Named Partner at McQueary Henry Bowles Troy

Dallas-based insurance and risk management firm McQueary Henry Bowles Troy LLP (MHBT), announced that Kyle Moss has been named a partner in the firm. “The naming of Kyle Moss as a partner is a testament to the strength and continuing …

Ark. Emergency Management Director Cites no Confidence, Quits

The director of the Arkansas Department of Emergency management has resigned, leaving his post less than a week after a newspaper reported that the agency gave itself failing grades for its preparedness for a large-scale disaster. Gov. Mike Huckabee named …

New Orleans’ Convention Center Open for Business Again

A week of major conventions, including the big American Library Association meeting, recently attracted about 24,000 visitors and pumped an estimated $25 million into New Orleans’ economy, which is still staggering from Hurricane Katrina, tourism officials said. But perhaps more …

Texas Enforcement Actions in May Result in More than $224K in Fines

The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during May. The actions include eight license revocations and fines and restitution totaling $224,967. Copies of Geeslin’s orders may be obtained by contacting TDI’s …

Texas Windstorm Building Code Advisory Committee Meets July 12

The Texas Department of Insurance announced that the Windstorm Building Code Advisory Committee on Specifications and Maintenance will hold a meeting of the advisory committee on July 12, 2006, at 1:00 p.m. in Room 102 of the William P. Hobby …

California Commissioner Questions Homeowners’ Insurance Rates

California Insurance Commissioner John Garamendi has announced he will approve an 18 percent decrease in homeowner and renter premium rates by The Hartford Insurance Co. The Hartford’s filing for a decrease contrasts dramatically with four other major insurers who were …