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

Boyd Joins Integro’s Atlanta Office

Integro has announced that Emory Boyd has been hired as principal, Client Development & Service in its Atlanta office. Boyd has more than 20 years of insurance industry experience, joining Integro from McGriff, Seibels & Williams, where he was vice …

Wis. American Family Honored for Agents’ Customer Service Excellence

More than 1,350 licensed American Family Insurance agents from throughout the company’s 18 operating states have been recognized for customer service excellence under the J.D. Power and Associates Distinguished Insurance Agency ProgramSM. This distinction acknowledges a strong commitment by American …

Safety Board: Ethan Allen Capsizing Caused By Too Many Passengers

The National Transportation Safety Board has determined that the probable cause of the capsizing of the Ethan Allen on New York’s Lake George last October was the vessel’s insufficient stability to resist the combined forces of a passing wave or …

Lax Record-keeping at Ohio’s Worker’s Comp Bureau Lowered Benefits

Hundreds of injured workers temporarily received less in state benefits than they deserved because of poor record-keeping at a scandal-plagued state insurance fund, according to a memo released Monday. The disclosure was the latest twist in the scandal surrounding the …

Southeast Asian Nations Urge Disaster Warning Systems

Southeast Asian foreign ministers this week issued an urgent call to set up disaster alert systems in the region, shaken by Indonesia’s failure to give advance warning of a tsunami last week that killed at least 600 people. Foreign ministers …

Ind. Judge Okays Settlement to Church Group, Insurer

A group helping rebuild the Church of God’s financial arm is to pay at least $4 million to investors who lost many millions more when their money was put in risky real estate deals rather than toward building churches. The …

Citigroup’s Stempora Joins Erie Insurance to Head IT

Erie Insurance Group recently announced the appointment of Jeffrey D. Stempora as senior vice president, division officer and chief information officer, effective August 21, 2006. In his new position Stempora will be responsible for guiding the company’s information technology strategy …

Chubb Chugs Along in 2d Quarter; Raises Outlook for 2006

The Chubb Corporation reported that net income in the second quarter of 2006 was $598 million, or $1.41 per share, compared to $495 million, or $1.23 per share, in the second quarter of 2005. Operating income, which the company defines …

OneBeacon’s @vantage for Inland Marine Contains ‘Bucket’ Limit

W.R. Berkley Delivers 25% Return in 2d Quarter; Webcast Today

W. R. Berkley Corporation is reporting net income for the second quarter of 2006 of $165 million, or 82 cents per share, a 23% increase from $134 million, or 67 cents per share, for the second quarter of 2005. Net …