March 15, 2007
Medical malpractice claim payouts in Oregon are lower than those in all but seven other states despite the elimination of a cap on such awards in 1999, a new study shows. The study researchers tried to measure the effects of …
March 15, 2007
California Gov. Arnold Schwarzenegger has authorized $2 million to help farm workers who were left jobless after a January cold snap make rent and mortgage payments. The funding will come through a first-come, first-served program open to eight counties and …
March 15, 2007
The Atlantic Companies announced the promotions of Janine B. Turner to senior vice president, comptroller and treasurer, and Claudia L. Wetteland to senior vice president, marketing/field administration. Turner’s new title reflects her role as the top financial executive at the …
March 15, 2007
The Board of Governors of the Alaska Timber Insurance Exchange, a policyholder owned workers’ compensation insurance company, announced that a $1.8 million dividend will be paid to its members on March 13, 2007. The dividend represents approximately 31 percent of …
March 15, 2007
MediSpa Program Enhancement Announced – Mesotherapy Coverage NOW Available Professional Program Insurance Brokerage is offering coverage for MediSpas and individuals performing Mesotherapy injections for fat reduction, cellulite and wrinkles. Coverage is available for generally accepted formulas as determined by societies, …
March 15, 2007
Arthur J. Gallagher & Co. has acquired The Producer’s Choice, Inc. of Coral Springs, Florida. Terms of the transaction were not disclosed. Founded in 1992, The Producer’s Choice, Inc. is a managing general agency and wholesale life insurance broker specializing …
March 15, 2007
Aon announced that William M. Choate has been appointed executive vice president in charge of the middle market and head of Aon Risk Services’ Southern Region. A 25-year industry veteran, Choate has held a number of senior positions in the …
March 15, 2007
A former insurance broker/agent has been sentenced to 10 years in prison for the sale of approximately $6 million worth of fake insurance policies the broker falsely claimed were underwritten by Lloyd’s of London, according to the California Department of …
March 15, 2007
Argonaut Group, Inc., a specialty underwriter, and PXRE Group Ltd., a Bermuda-based property reinsurer, have agreed to a merger under which the combined entity will do business as Argo Group International Holdings Limited. Argo Group will become the Bermuda holding …
March 15, 2007
Complementing its existing areas of specialty businesses, C. V. Starr & Co., Inc. has organized a global accident and health company. To be headquartered in Greenwich, Conn., Starr Global Accident & Health Insurance Agency, LLC has established a strategic relationship …