June 7, 2006
Product Performance: NOBL was designed to manage premium and return premium fiduciary funds transacted by P&C insurance agents and brokers until they are disbursed to legal owners (insurance companies, general agents, agency operating account or finance companies). Premium financial management …
June 7, 2006
New York State Comptroller Alan G. Hevesi, trustee of the $140 billion New York State Common Retirement Fund (CRF), said that he will petition the court to replace the law firm of Milberg Weiss as lead counsel in the Bayer …
June 7, 2006
California State Treasurer Phil Angelides defeated Controller Steve Westly in a bitter primary battle, and the Democrats turned their attention to defeating a wounded but rebounding Republican Gov. Arnold Schwarzenegger in the fall. With 99 percent of precincts reporting from …
June 7, 2006
Governor M. Jodi Rell has named New Britain attorney Peter C. Mlynarczyk to the Connecticut Workers’ Compensation Commission. Mlynarczyk currently serves as corporation counsel for the City of New Britain, overseeing a staff of attorneys in defending all claims and …
June 7, 2006
Hylant Group and ACE Medical Risk jointly announced today an agreement for Hylant Group to be the distributor of comprehensive physician medical liability coverage in both Ohio and Michigan. The healthcare professional liability coverage for physicians is marketed by ACE …
June 7, 2006
Arch Capital Group Ltd. has promoted Mark Lyons to president and chief operating officer of Arch Insurance Group (U.S.), effective immediately. In his new role, Lyons will assume responsibility for each of the underwriting units of Arch’s U.S.-based insurance operations …
June 7, 2006
London American Risk Specialists, Inc., headquartered in Houston, Texas, announced the formation of London American Professional Liability LLC, based in Fort Lee, N.J. LAPL is a program administrator and MGA specializing in professional liability. Ed Velasquez, formerly executive vice president …
June 7, 2006
In order to diminish some unintended effects from a previous rule, the Arkansas Insurance Commissioner Julie Benafield Bowman has adopted 2006 Emergency Rule 50, effective June 15, 2006. View the Emergency Rule and forms on the department’s Web site. Effective …
June 7, 2006
Myron Hendry has joined Countrywide Insurance Group, Calabasas, Calif., as executive vice president and chief operations officer. He will oversee central operations, claims and information technology as the organization expands its personal lines and commercial brokerage insurance business and grows …
June 7, 2006
Apex Global Partners, a Dallas-based private insurance brokerage firm providing insurance, risk management and employee benefit services to medium to large corporate clients, announced the appointment of K. Brian McLaughlin as president and chief operating officer. Additionally, McLaughlin has been …