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

Higginbotham & Associates Names Two Managing Directors

Fort Worth-based independent insurance agency Higginbotham & Associates named brokers Tami Rodgers and Scott Shapard to its managing director team for 2007. Higginbotham appoints its brokers to managing directors who fulfill one of three criteria: they exceed $1 million in …

Online Producer Appointments, Cancellations Now Available in Ark.

The Arkansas Insurance Department announced the availability of LEO, an online producer/agency appointment feature offered by service provider Aithent. This new online service will allow for direct appointments and/or agency (shared) appointments or terminations. The department said the advantage of …

Wilkinson Joins Southern Insurance Group as VP, Marketing

North Texas-based Southern Insurance Group (SIG) announced that Fred Wilkinson joined SIG as their new vice president of Marketing. Wilkinson will be working closely with Jennifer Duncan, vice president and general manager for Southern Insurance Group. Wilkinson’s primary duty will …

Ind. Leads Country with Highest Catastrophe Losses in 2006

In a year where coastal states endured no major tropical storms, Indiana saw more property damage due to large weather events than any other state (in 2006), according to statistical firm the Insurance Services Office (ISO). Indiana residents filed nearly …

Feds Arrive in Kentucky to Investigate Hazardous Chemical Rail Fire

Federal agents will spend the rest of the week near Brooks, Kentucky investigating what caused a train carrying hazardous chemicals to derail and catch fire, forcing nearby residents to evacuate their homes. The chemical fires continued to burn early Wednesday …

S&P Sees No ‘Immediate Impact’ on Allianz Ratings from AGF Buyout

Standard & Poor’s Ratings Services indicated that Germany’s Allianz (AZSE) plans to buy out the minority shareholders in Assurances Generales de France (AGF – rated ‘A’/Positive/ ‘A-1’) and in Allianz Leben (rated ‘AA-‘/Positive/–) are “not expected to have an immediate …

AIG Elects Senior Vice Presidents

The board of directors of American International Group, Inc. (AIG) has elected three new AIG senior vice presidents and four new AIG vice presidents. Hans K. Danielsson was elected senior vice president, Investments, and Daniel S. Glaser and Julio Portalatin …

Conn. AG Urges Release of Audit on Health Insurers’ Coverage Denials

Connecticut Attorney General Richard Blumenthal said his office has received several reports of health insurance companies denying coverage based on questionable conclusions that patients’ medical conditions pre-existed their insurance policies. Blumenthal urged that the Department of Insurance finalize and release …

AIG Europe, Accenture Sign 10-Year Outsourcing Agreement

Accenture has signed a 10-year, $100 million business processing outsourcing (BPO) agreement with AIG Europe S.A. The Agreement provides for Accenture to set up an IT platform and insurance support services to AIG Entrepreneur, an AIG unit specializing in P/C …

Sidley Austin LLP Add Partners in Chicago Office

R. Lee Christie and Tracy Williams join Sidley Austin LLP as partners in the firm’s Tax Group, resident in the Chicago office. The new partners’ practices will focus principally on insurance tax law. Christie is a 1984 graduate of Harvard …