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

Neb. Insurance Director Names Chief Financial Examiner

Tim Wagner, director of the Nebraska Department of Insurance, recently announced the promotion of James Nixon to chief financial examiner. Nixon has served as the Department’s Acting chief financial examiner for the past six months following the retirement of David …

Best Affirms Lloyd’s Syndicate 2007 Ratings; Syndicate 1007 Withdrawn

A.M. Best Co. has affirmed its Syndicate Rating of “A” (Excellent) and the issuer credit rating of “a” of Lloyd’s Syndicate 2007 (formerly known as Lloyd’s Syndicate 2147), managed by Novae Syndicates Limited (NSL). The outlook for both ratings is …

Texas Rep.’s Disaster-Related Bills Include Insurance Changes

State Representative Joe Deshotel (Beaumont) on Jan. 12 filed a package of six bills with the Texas Legislature, many of which relate to disaster recovery and would make changes to residential property insurance policies and windstorm coverage from the Texas …

James Leaving Lloyd’s for Lockton

Lloyd’s has announced that Julian James, its director of Worldwide Markets, will be leaving at the end of April to join Lockton International. Lloyd’s CEO Richard Ward, issued a written statement, distributed by e-mail, in which he commented: “I would …

Mo. Governor Declares State of Emergency Due to Winter Storms

Missouri Gov. Matt Blunt issued executive orders this weekend declaring a state of emergency and activating the Missouri National Guard in response to the winter ice storm. Gov. Blunt also put the Disaster Medical Assistance Team on standby in anticipation …

New Workers’ Comp Program Endorsed by Texas Apartment Association

Whorton Insurance Services of Austin announced it has teamed up with Texas Mutual Insurance Company to create a new Texas Mutual Group Safety Plan. The program started Nov. 1, 2006, and is endorsed by The Texas Apartment Association (TAA). Texas …

Anderson Named Principal at William Gallagher

William Gallagher Associates announced the appointment of Michael J. Andersen as principal. Andersen has been with WGA since 1996 and currently manages its regional offices. Among other accomplishments in the life sciences and financial services sectors, particularly in the venture …

SUA Small Business Workers’ Comp Now Offered by Appalachian Underwriters

Specialty Underwriters’ Alliance, Inc. has amended its agreement with Appalachian Underwriters, Inc. to include small employer’ workers’ compensation. AUI will provide workers’ compensation through approximately 600 retail agents. The program will be available to small businesses of less than $15,000 …

Commerce to Continue 5% AAA Mass. Auto Discount

The Commerce Insurance Co. has filed with the Massachusetts Division of Insurance to continue its five percent auto insurance rate discount for Amercian Automobile Association members in Massachusetts. If approved by the Division of Insurance, the discount would apply to …

London Market Reform Group Unveils 2007 Business Process Plan

The Market Reform Group (MRG) has produced its plan for continuing to modernize London market processes throughout 2007 and beyond. “Following full consultation with market firms, the plan sets out the group’s long-term vision and key priorities for this year …