July 17, 2006
Connecticut-based The Hartford Financial Services Group Inc. has announced that its member companies have expanded the policy limits available to customers from $1 million to $2 million on The Hartford’s FailSafe MEGA product, a professional liability coverage designed specifically for …
July 17, 2006
A public hearing has been scheduled by the Florida Office of Insurance Regulation Aug. 1 in Key West concerning Citizens Property Insurance Corp.’s actuarial rate filings for Monroe County. These rate filings proposed countywide average increases of 25.4 percent for …
July 17, 2006
The agent at the center of a landmark hurricane insurance case on Friday denied telling a policyholder that he didn’t need flood insurance years before Nationwide Mutual Insurance Co. denied much of his claim following Hurricane Katrina. Jay Fletcher said …
July 17, 2006
Property owners are stunned by insurance rates that have tripled for some properties on the Alabama Gulf Coast after back-to-back years of hurricane damage. Owners of the 35-unit Romar Tower at Orange Beach, Ala. saw their annual premium jump last …
July 17, 2006
Rick Bass, President of Bass & Associates Insurance Services, a California based wholesale brokerage firm operating in California, Nevada and Arizona is happy to announce the partnership with Mario Gomez, formerly Vice President of Lemac and Associates. Mario brings more …
July 17, 2006
Guy Carpenter & Company Inc., a global risk and reinsurance specialist and part of the Marsh & McLennan Companies, has published its fourth annual report on the Lloyd’s Market, a comprehensive review of Lloyd’s financial and operational performance in 2006. …
July 17, 2006
Independent reinsurance brokers, Cooper Gay (Holdings) Ltd., headquartered in London, renamed its U.S. domestic treaty operation, Cooper Gay Intermediaries LLC. Based in Minneapolis, Cooper Gay Intermediaries is led by its newly appointed chief executive officer, James A. Brost, 52, one …
July 17, 2006
Alpharetta, Ga.-based ChoicePoint has acquired Danville, Calif.-based Insuratec Inc., a provider of lien holder and mortgagee notification services to the property and casualty insurance industry. Insuratec notifies automobile finance companies and mortgage lenders, on behalf of insurance clients, of material …
July 17, 2006
XL Re Life announced the creation of a new senior position and the appointment of a new president of its U.S. life reinsurance company, Servus Life Insurance Company, soon to be renamed XL Re Life America Inc., pending regulatory approvals. …
July 17, 2006
Colemont Insurance Brokers – Woodland Hills, Calif., is relocating its offices effective July 14, 2006. The new address will be: Colemont Insurance Brokers of California LLC, 21650 Oxnard Street, Ste. 1600, Woodland Hills, CA 9136.Phone: 818-710-3630. Fax: 818-710-3635 The phone, …