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

Western Maritime Forms Maritime Central

Stockton, Calif.-based Western Maritime Insurance Services, a specialist in commercial and recreational marine wholesale insurance, announced today that it is expanding into 13 states for 2007 thru the newly formed entity. Those states will be Arkansas, Missouri, Tennessee, Texas, Oklahoma, …

National Insurance Partners Forms Executive Compensation Firm

Texas-based National Insurance Partners Inc. (NIP) announced that in partnership with veteran executive compensation expert, Steven Cross, it is building a new company, Cogent Compensation Partners (Cogent), that will focus on executive compensation and corporate governance. Steven Cross has served …

Fla. Homeowner Rates may now Edge Texas, Insurer Group Says

Texas may no longer have the highest homeowner insurance rates in the country, according to the Insurance Council of Texas. For the second year in a row, both homeowners and automobile insurance premiums in Texas have dropped on a statewide …

Providence Property & Casualty Appoints New Officers

Providence Property & Casualty Insurance Company, which provides workers’ compensation insurance to Professional Employer Organizations (PEOs), has appointed Stephen (Steve) A. Gober as vice president, Underwriting, and Nicolas (Nick) A. Arizaga as vice president and controller, the Frisco, Texas-based firm …

Burns & Wilcox Adds Ebert in Baltimore

Burns & Wilcox, the Farmington Hills, Mich.-based national specialty insurance wholesaler, announced the addition of Jennifer Ebert, who joins the company’s Baltimore office in the position of senior commercial underwriter. Ebert specializes in multiple types of coverages, including casualty, commercial …

TDI Offers Resources on Insurance Careers

The Texas Department of Insurance announced it has a new interactive resource on the agency’s Web site, http://www.tdi.state.tx.us/commish/careers.html, describing careers available in the insurance industry: from agents to underwriters to jobs many outside the industry may not have considered. With …

New Mo. Law Requires Service Contractors to be Licensed

A new law that went into effect Jan. 1, 2007 requires that all vehicle service contract administrators must register with the Missouri Department of Insurance, Financial Institutions & Professional Registration by Feb. 1, 2007, in order to do business with …

Chicago Aon Acquires Footman James from UK Alchemy Partners

Chicago-based Aon Corp. today announced that it has completed the acquisition of Footman James from Alchemy Partners (Guernsey) Limited. The terms of the transaction are not disclosed. Aon provides tailor made cover for specialist personal risks including prestige sports and …

The Hanover Provides Agents with Inland Marine Specialists Team

The Hanover Insurance Group, Inc. has launched the Marine Underwriting Advantage Team, a team of specialists promising marine solutions for agents who place small volumes of inland marine business and would not normally have access to a carrier’s marine specialists. …

ProMutual Plans No Rate Increase in 2007 for Mass. Physicians

Medical Professional Mutual Insurance Co. (ProMutual) will not increase its rates for physicians, surgeons, dentists and certified nurse midwives in Massachusetts for 2007. If the proposed rates are approved, the company said that many policyholders will see a decrease in …