June 26, 2007
Portland, Ore.-based USI Northwest-Oregon and Springfield, Ore.-based KPD Insurance Inc. have received Liberty Northwest’s 2006 Chairman’s Award, which is presented to the highest performing insurance agencies appointed with Liberty Northwest, a member of Liberty Mutual Group’s Agency Markets business unit. …
June 26, 2007
Tapco Underwriters Inc., a managing general agent/wholesaler in the excess and surplus market, has announced it will be expanding into California and Texas. Offices will open in Los Angeles and HOuston on July 9, according to Tap Johnson III, president. …
June 26, 2007
Swett & Crawford recently announced that Brandon King has joined the Bloomfield Hills (Detroit), Mich. office as a casualty broker. Previously King worked at Johnston Lewis Associates, Inc as a property/casualty producer where he both developed new business and developed …
June 26, 2007
Standard & Poor’s Ratings Services has assigned its ‘B’ senior secured debt rating to the $75 million class A, series 2007-I principal-at-risk variable-rate notes issued under the newly established shelf program, Nelson Re Ltd., sponsored by Glacier Reinsurance AG (Glacier …
June 26, 2007
Wells Fargo Insurance Services Inc., a subsidiary of San Francisco-based Wells Fargo & Co., announced it will acquire Universal Insurance Services Inc., of Grand Rapids, Mich. The acquisition is expected to close July 1, 2007, according to the company. Terms …
June 26, 2007
The U.S. House of Representatives passed H.R. 1065, the Nonadmitted and Reinsurance Reform Act of 2007, legislation that if enacted, will help increase the efficiency of the existing state-based insurance regulatory system, supporters say. H.R. 1065 is virtually the same …
June 26, 2007
Three ground zero workers who accompanied filmmaker Michael Moore on a trip to Cuba for medical treatment featured in his new movie “Sicko” charged they were targeted by the U.S. government because of their participation. “It’s ridiculous after what we …
June 26, 2007
Researchers say they’ve found Asian soybean rust, which can spread quickly and heavily damage crops, in central Louisiana. It’s the first time this growing season that the disease has been found on soybeans, said Clayton Hollier, a plant pathologist with …
June 26, 2007
The Texas Department of Insurance Division of Workers’ Compensation announced that any interest or discount provided for in the Texas Workers’ Compensation Act for the period of July 1, 2007, through Sept. 30, 2007, will be at the rate of …
June 26, 2007
Louisiana should have higher minimum car insurance coverage requirements for drivers, the state House of Representatives decided June 22, approving a bill that would boost the costs of insurance for thousands of drivers who carry the minimum. With a 76-24 …