Britt/Paulk has hired two underwriters to join its Carrollton, Georgia office. David Campbell is now underwriting operations manager, while James Swing has been hired as equipment chief underwriting officer. Campbell has 25 years of experience in underwriting, product development and …
Driven in part by increased demands from regulatory and rating agencies, enterprise risk management (ERM) has become integral to insurers’ business processes around the world. Sixty percent of survey respondents explicitly factor risk management considerations into their decision-making, according to …
The Grand Strand housing market in Myrtle Beach, South Carolina is showing its first sign of price declines and one economist says increases in insurance costs are largely to blame. The median price of resale condos fell about 2.5 percent …
Liquor distributors can’t be held liable for a drunken driving crash during an Indian casino promotion that injured a Las Cruces, N.M., family, the state Court of Appeals has ruled. The May 2003 crash injured Joseph and Peggy Chavez and …
Southfield, Mich.-based First Mercury Financial Corp.has announced the hiring of Thomas A. Greene, Jr. as a senior vice president of CoverX. In this newly created position, Greene will be responsible for overseeing and expanding the company’s focus within the professional …
Markel Underwriting Managers, Inc. is the new name for Investors Underwriting Managers, Inc. Glen Curley, president and chief operating officer, said the new name went into effect Dec. 1. The switch to Markel Underwriting Managers, Inc. is the only change …
The Insurance Institute of Michigan (IIM) recently elected 2007 officers and Executive Committee members. The elections were held at the Association’s November 28 Annual Meeting held in Lansing. Elected to lead the organization during 2007 are: chair – David Field, …
After completing 12,000 free home inspections by the end of the 2006 hurricane season – a goal that was exceeded by nearly 1,000 inspections – the pilot phase of the My Safe Florida Home program ended last week. The program, …
Atlantic Specialty Lines of Florida, Inc. has acquired the assets of Gary Markel Surplus Lines Brokerage, Inc. ASL-FL is a member of the Atlantic Specialty Lines, Inc. group of companies with offices in Virginia, Illinois, Florida, Maryland and Pennsylvania. ASL …
Delaware Insurance Commissioner Matt Denn said he would approve no increase in costs for voluntary market workers compensation rates and a 2.7 percent hike in residual market or assigned risk rates. In so doing, he rejected higher bids by the …
