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

Business Moves

Carpenter Moore, USI Southwest Houston-based USI Southwest and Car-penter Moore, a subsidiary of The Nasdaq Stock Market Inc., are partnering to provide executive liability services to public companies in Texas, Louisiana and New Mexico. They will provide an array of …

W. Va. court says doctors may self-insure

The West Virginia Supreme Court voted 5-0 to refuse to hear Charleston Area Medical Center’s appeal of a 2005 circuit court ruling that upheld a physician’s right to provide his own medical malpractice insurance. The hospital had sought to overturn …

News Currents

Where ‘wind umpires’ gather, certification and Florida building codes are hot topics of conversation Conference offers unique Wind Umpire Certification Program for adjusters A recent change to the Florida Building Code states that if a home sustains more than 25 …

Judge Senter weighs binding arbitration in Miss. State Farm Katrina settlement

U.S. District Judge L.T. Senter Jr., the federal judge weighing competing plans to resolve thousands of disputed claims in Mississippi against State Farm Fire and Casualty Co. after Hurricane Katrina, held a hearing earlier this month on the terms of …

Fla. homeowners seek cover for permit fees

Alleging that insurers failed to pay or properly adjust claims for 200,000 policyholders in Florida by ignoring fees for rebuilding permits, a group representing homeowners has filed suits against three insurers. The Hurricane Law Group of Boca Raton, Fla., filed …

People Markel Insurance Co. named Thomas K. “Smitty” Smith as vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond branch of Riggs, Counselman, Michaels & Downes, which he established. …

Business Moves

Hub, Apax, Morgan Stanley Hub International Limited, which got its start in 1998 when 11 Canadian brokers merged and has since grown through acquisitions into one of the largest insurance brokers in North America, is being acquired by funds advised …

Declarations

Florida clarification “It’s something the companies can live with. The clarification in this order addresses all of our concerns.” Sam Miller, Florida Insurance Council, announcing his members had dropped their suit against a Jan. 31 rule preventing them from canceling …

Keh:ep alive the dialogue and the 7 standards of ethical conduct

The CPCU Society and American Institute for CPCU/Insurance Institute of America designate March as “Ethics Awareness Month.” Some people have a hard time defining ethics but ethics are really principles, right? I think we often get caught up in the …

My New Markets

Wedding Insurance Nuts & Bolts: Travelers recently announced the launch of the Wedding Protector Plan, which provides coverage, with no deductible, for a variety of unfortunate occurrences associated with a wedding event. For example, coverage is provided if a hurricane …