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

Insurers Commend Mississippi’s New Mitigation Program

The Mississippi Legislature put its stamp of approval on a comprehensive homeowner mitigation program earlier this week, giving final approval to HB 753 and sending it to Gov. Haley Barbour. The program has the potential to substantially reduce the threat …

St. Pete Agent Chosen to Serve on Fla.’s Citizens Board of Governors

Carol Everhart, vice president for BB&T-Iler Wall & Shonter Insurance in St. Petersburg, Fla., has been chosen to serve on the Citizens Property Insurance Corp. board of governors. Nominated by Senate President Ken Pruitt R-Port St. Lucie, Everhart currently serves …

Hull & Company senior managers establish Richard Hull Educational Insurance Scholarship

The Derek Hughes/NAPSLO Educational Foundation announced that senior managers of Hull & Company, Inc., in conjunction with Brown & Brown, Inc., have established an insurance educational scholarship in the name of Hull & Company founder and current CEO, Richard Hull. …

Revised Captive Laws in Effect in D.C.

Two changes to captive insurance laws passed by the Council of the District of Columbia went into effect on March 14, 2007. Supporters see the changes as giving captives more flexibility and making the District a more inviting environment for …

Frey Joings Cavignac & Associations as Senior Account Manager

Elizabeth Frey has joined San Diego-based Cavignac & Associates as a senior account manager. She will oversee all aspects of client interactions, dealing with client’s day-to-day issues, renewal negotiations and presentations. She also is responsible for conducting open enrollments and …

SullivanCurtisMonroe Appoints Kirkland Vice President

SullivanCurtisMonroe Insurance Services LLC, an agency based in Irvine, Calif., has appointed Nick Kirkland to vice president. Prior to joining the company, Kirkland was president of Kirkland Co. in Santa Ana, Calif. He received his bachelor’s of arts degree in …

Calif. Commissioner Orders Audit of State Compensation Insurance Fund

California Insurance Commissioner Steve Poizner has ordered an audit of the State Compensation Insurance Fund (SCIF), amid questions regarding the corporate governance and management of the organization. The audit follows the firing of two key members of the fund just …

Calif. Workers’ Comp Bureau Approves 11.3 Percent Rate Decrease

The Workers’ Compensation Insurance Rating Bureau of California Governing Committee has approved the filing of a 11.3 percent decrease in advisory pure premium rates, effective July 1, 2007 on new and renewal policies with anniversary rating dates on or after …

Patterson Takes Over at The Hartford’s First State, Succeeding Palmieri

The Hartford Financial Services Group, Inc. reports that Judith A. Patterson has been named president of First State Management Group (FSMG), a wholly-owned subsidiary of The Hartford which primarily underwrites surplus lines insurance for high risk accounts and distributes this …

AXIS Capital to Acquire Aon’s Media/Professional Insurance

AXIS Capital, a global specialty commercial property and casualty insurer and reinsurer, has agreed to acquire the assets and operations of Media/Professional Insurance (Media/Pro), a managing general underwriter specializing in professional liability lines of business, from AON Underwriting Managers. Headquartered …