Monthly Archives: <span>January 2007</span>

CenCal Insurance Names Smith Transportation Underwriting Manager

CenCal Insurance Services Inc., Danville, Calif., has named George A. Smith transportation underwriting manager. He has 24 years of experience in transportation and commercial underwriting.

Texas DWC Sets Discount and Interest Rate for Q1

The Texas Department of Insurance, Division of Workers’ Compensation has set at 8.46 percent any interest or discount rate provided for in the Texas Workers’ Compensation Act. This rate is computed by using the treasury constant maturity rate for one-year …

Study: La. Slipping Very Slowly Into the Gulf of Mexico

A new report by scientists studying Louisiana’s sinking coast says the land is not just sinking, it’s sliding ever so slowly into the Gulf of Mexico. The new findings may add a kink to plans being drawn up to build …

Harris Named CIO at McQueary Henry Bowles Troy

Dallas-based McQueary Henry Bowles Troy L.L.P. (MHBT) named Mike Harris to the new post of chief information officer (CIO). In this role, Harris oversees all technical operations for MHBT’s Dallas, Austin and Fort Worth offices, including Web services and the …

Texas Agent Replaces Gecko Ads with ‘The Middle Man’ Campaign

The Al versus The Gecko ad campaign has been replaced by “The Middle Man.” According to Al Boenker, CEO of Al Boenker Insurance Agency in North Texas, the term middle man has long been a negative in American business, but …

BB&T Completes AFCO, CAFO Acquisitions

BB&T Corporation (NYSE:BBT) subsidiary Branch Banking and Trust Company completed its acquisition of insurance premium finance company AFCO Credit Corporation and its Canadian affiliate, CAFO Inc., from Mellon Financial Corporation. The acquisition moves BB&T from the ninth- to second-largest provider …

Watson Wyatt to Consolidate Dutch Branch

Consulting firm Watson Wyatt Worldwide will fully acquire its alliance partner in the Netherlands, Watson Wyatt Brans & Co. A definitive agreement is expected to be signed in the first quarter of 2007. “The two firms have maintained a close …

Fire Deaths Down, Motorcycle Fatalities Up in Maine

Fire deaths near record low, motorcycle deaths grow, in 2006 Received by Newsfinder from AP Jan 1, 2007 10:23 Eastern Time • Photo Advisory Y The number of Maine fire deaths came close to a record low in 2006, the …

N.J. Eyes Capping Doctors’ Charges for Auto Accident Patients

New Jersey regulators are considering limiting how much doctors can charge insurers for treating people injured in vehicle accidents, a move meant to cut prices but one foes argue will make it hard to get medical care. The state Department …

Alfa Completes Virginia Mutual Conversion; Expands to Tenn.

Alfa Corp. has completed completion its previously approved plan of conversion and acquisition of Virginia Mutual Insurance Co. Virginia Mutual converted from a mutual company to a stock company and simultaneously has been recapitalized as Alfa Alliance Insurance Corp., a …