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

Independent Solutions United Appoints Sterling Senior VP of Finance

Independent Solutions United, Rancho Cordova, Calif., has named Graham L. Sterling III senior vice president of finance and acquisitions. He will be responsible contract review and risk transfer explorations, opportunity cost analysis, merger and acquisition activities, and premium finance opportunities. …

Workers Compensation Bills Head to House Floor in Colo.

The Colorado House Business Affairs and Labor Committee has approved two workers’ compensation bills, one affecting employee’s choice of physician and another affecting firefighters.. House Bill 1176 would change the workers’ comp system to allow an injured employee to choose …

Ohio Supreme Court to Decide if Governor’s Veto on Limits Law Valid

Republican lawmakers asked the Ohio Supreme Court on Friday not to dismiss their lawsuit challenging a veto that Gov. Ted Strickland carried out on his first day in office. The court has a constitutional duty to decide if Strickland and …

Texas Regulators Order Homeowners Carriers to Justify Rates

The Texas Department of Insurance (TDI) announced Mar. 9 it will require the state’s homeowner insurance carriers to file and justify their current rates this spring. This action is taken in light of 2006 loss ratios, recent changes in the …

Man Sues Ind. Pacers’ Mascot, Alleging Tackle Caused Injury

A man is suing the Indiana Pacers and the performer who portrays its feline mascot, alleging the 6-foot-tall performer permanently injured him when he was tackled during a free-throw shooting contest. Nathaniel Jackson, who lives in northern Indiana’s Adams County, …

Markel Acquires Black/White Social Services Business

Markel Insurance Company has agreed to acquire the social services program business of Black/White & Associates Insurance Brokers. The transaction is scheduled to close on April 1, 2007. Black/White’s Alameda, Calif., location will become a Markel Insurance Company underwriting and …

Regulators Release Annual Report

The National Association of Insurance Commissioners (NAIC) released its 2006 Annual Report, “Mapping Milestones,” a comprehensive summary of the NAIC’s progress during the past year. “As we celebrated the NAIC’s 135th Anniversary in 2006, it is only fitting for our …

HCC Names Goodreau Senior VP and Chief Actuary

Houston, Texas-based HCC Insurance Holdings Inc. announced that Annette J. Goodreau has been promoted to senior vice president and chief actuary and will have responsibility for all actuarial activities of HCC and its subsidiaries. Goodreau has 20 years of experience …

Fireman’s Fund Introduces Data Compromise Coverage

Fireman’s Fund Insurance Company has introduced Data Compromise, a coverage and service solution for businesses that provides legal consulting, customer notification services and credit monitoring as well as identity restoration for customers, employees and others affected by a data breach. …

Guaranty Insurance Services Adds Sears in Arlington Office

Austin, Texas-based Guaranty Insurance Services Inc., announced the addition of Charles D. “Chuck” Sears to its Arlington, Texas, branch office. Sears has been in the insurance industry for over 28 years and has professional experience in sales, marketing, underwriting and …