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

Perricone Joins Cavignac & Associates

Donna Perricone has joined San Diego-based Cavignac & Associates as an account administrator. She will be responsible for preparing new business surveys and requesting and processing new, renewal and endorsement transactions. Prior to joining Cavignac & Associates, Perricone was employed …

Crescent City Agency Shut Down for Fraud

Two Pelican Bay State Prison correctional officers have been arrested for stealing insurance premium payments and issuing bogus documents to customers of their insurance agency, some of whom were fellow prison employees, according to the California Department of Insurance. Margaret …

GJS Re Expands Operations, Opens in East

Los Angeles, CA – Derek Gullage has joined GJ Sullivan Reinsurance (GJS Re) as Vice President in their Los Angeles office. Mr. Gullage previously spent ten years with the Farmers Insurance Group, where most recently he was Director of Reinsurance, …

Deadline Approaching for Agriculture Disaster Programs in La.

The deadline to sign-up for disaster programs available through USDA’s Farm Service Agency is fast approaching, Louisiana Agriculture and Forestry Commissioner Bob Odom announced. Louisiana producers who suffered losses due to the 2005 hurricanes may be eligible. “FSA extended the …

Texas Work Comp Rulebook Supplement 2007-01 Available Online

Rulebook Supplement 2007-01 containing rules adopted by the Commissioner of Workers’ Compensation is available online from the Texas Department of Insurance (TDI), Division of Workers’ Compensation. The supplement can be printed from the TDI website at http://www.tdi.state.tx.us/wc/rules/tableofcontents/supplements.html. To purchase a …

Former Wis. Governor Appointed Board Chair of HealthShares Exchange

HealthShares, a family of Exchange Traded Funds (ETFs) created by XShares Advisors LLC, a financial services company based in N.Y. , has announced that Tommy G. Thompson, former U.S. secretary of Health and Human Services and governor of Wisconsin, has …

TSR Updates Hurricane Forecast

The UK-based Tropical Storm Risk (TSR) weather forecaster has issued a revised assessment of the upcoming Atlantic hurricane season, which indicates that it will be a more active season than previously expected. TSR, which operates in cooperation with the Benfield …

XL Names Muldoon Sr. VP – Strategy, Development and Planning

XL Capital Ltd. has appointed Fiona Muldoon to the expanded role of Senior Vice President and Corporate Strategy, Development and Planning Officer. She previously served as Senior VP and Financial Planning Officer for the Company. In her new role, she …

Converium Says 14% ROE Proves SCOR Offer Too Low

Swiss-based Converium confirmed it has achieved its medium-term ROE target of 14 percent, which, it also said highlights the “under valuation of the current SCOR offer” (See IJ web site March 7). Converium’s CFO, Paolo De Martin, made the announcement …

Procter & Gamble Wins $19 Million in Lawsuit Over Satan Rumors

Procter & Gamble Co. won a jury award of $19.25 million in a civil lawsuit filed against four former Amway distributors accused of spreading false rumors linking the company to Satanism to advance their own business. The U.S. District Court …