April 30, 2007
Directors and officers insurance continues to be a highly competitive line. In the first quarter of 2007, D&O prices decreased by 7.7 percent and by more than 12 percent in the last two quarters of 2006 combined, according to the …
April 30, 2007
The president of the nation’s leading risk management organization urged risk management professionals to “take the bull by the horns” to increase quality and customer service in the insurance placement process. “Many of our service providers express great interest in …
April 30, 2007
Marsh Inc., the giant risk and insurance services firm, is launching the most ambitious branding campaign in the firm’s 136-year history. The campaign, created by the New York office of Ogilvy, seeks to disrupt the traditional view of risk as …
April 30, 2007
The Independent Insurance Agents & Brokers of America (the Big “I”) honored an agent leader and one of its state associations for their legislative accomplishments in 2006 at the Big “I” National Legislative Conference and Convention. Sharon Emek of CBS …
April 30, 2007
A gas tanker truck crashed on a heavily used overpass in the San Francisco Bay Area early Sunday morning, causing a large fire, which subsequently melted a 250-yard section of a major expressway just off of the Oakland-San Francisco Bay …
April 30, 2007
An Albuquerque-based business accused by the New Mexico Insurance Fraud Bureau of illegally selling insurance surety bonds in New Mexico is now being investigated by federal authorities. Agents with the U.S. Department of Interior inspector general’s office searched the offices …
April 30, 2007
Jason Monteforte has recently joined Cypress Point-Arrowhead General Insurance Agency Inc. as vice president of marketing for its workers’ compensation program. Monteforte will be responsible for developing new producer relationships and expanding the worker’s compensation program in California. He has …
April 30, 2007
Axiom Specialty Insurance Services, Victorville, Calif., has a new market for residential roofers and plumbers available in California and Arizona. This is an admitted market writing residential/commercial roofers and plumbers on ISO Occurrence form. Tracts are acceptable up to no …
April 30, 2007
Arizona Governor Janet Napolitano has signed HB2294, Captive Insurer Amendments, updating Arizona’s captive insurance law. The amendments will be effective 90 days after the legislative session adjourns. The new amendments implement: * New provisions allowing the establishment of branch captives …
April 30, 2007
Denver-based Van Gilder has named Craig J. Nelson senior vice president with a focus on risk management strategy and implementation, and Eileen Chen Muñoz an account executive specializing in the oil and gas practice. Nelson has more than 25 years …