January 3, 2007
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.
January 3, 2007
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 …
January 3, 2007
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 …
January 3, 2007
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 …
January 3, 2007
The Al versus The Gecko ad campaign has been replaced by “The Middle Man.”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 …
January 3, 2007
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 …
January 3, 2007
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 …
January 3, 2007
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 …
January 3, 2007
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 …
January 3, 2007
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 …