Rockwood Programs has recently partnered with certain underwriters at Lloyds of London to offer professional liability coverage specifically for property casualty agents licensed less than three years. “Our management team has long recognized that recently licensed producers represent an under-served …
Atlanta-based Pacific Wholesale Insurance Brokers, LLC (PWIB) has opened a new branch office in Chicago. According to the release issued by the company, the Chicago office will operate as a wholesale insurance broker specializing in the placement of casualty business …
Stronger hurricane-resistant construction requirements in Florida’s counties comprising the state’s Panhandle region were recommended in testimony to the Florida Building Commission by the American Insurance Association. “If the storms of 2004 and 2005 proved anything, it’s that state-of-the-art building codes …
Hartwig Moss Benefits, a division of 135 year-old New Orleans-based Hartwig Moss Insurance Agency Ltd., announced the addition of client relations associate, Tammy Percle to its Client Service Team. Percle comes to Hartwig Moss Benefits from Metropolitan Gastroenterology, a large …
The Property Casualty Insurers Association of America (PCI) has appointed Genio Staranczak as the organization’s chief economist. Dr. Staranczak will be responsible for economic analysis on the full range of public policy issues facing the industry. In particular, he will …
A month after Louisiana Insurance Commissioner James Donelon called on insurers to voluntarily extend the one-year deadline for customers to file suits for unsettled claims related to Hurricanes Katrina and Rita, not a single private company has done so. The …
Reforms implemented by Ohio Gov. Bob Taft and lawmakers didn’t go far enough to strengthen the board that oversees Ohio’s troubled state insurance fund for injured workers, an independent consultant studying the fund has concluded. According to the Associated Press …
Without a real, comprehensive and workable plan, accumulating financial stress could destroy the viability of the Florida’s insurance market and leave millions of Floridians without affordable and reliable insurance coverage, according to Sen. Rod Smith, of Alachua, Fla. The candidate …
Gresham, a U.K.-based mid market private equity specialist, announced that it has backed Chris Giles and the management in the management buyout of Giles Insurance Brokers Limited, one of the UK’s fastest growing commercial insurance brokers, in a deal valued …
France’s AXA Group announced the successful completion of the share capital increase with preferential subscription rights launched on June 14 to finance part of the acquisition of Winterthur (See IJ Website June 14). “The gross proceeds amount to €4.1 billion …
