January 18, 2007
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 …
January 18, 2007
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 …
January 18, 2007
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 …
January 18, 2007
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 …
January 18, 2007
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 …
January 18, 2007
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 …
January 18, 2007
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 …
January 18, 2007
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 …
January 18, 2007
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 …
January 18, 2007
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 …