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

Sloan Mason Reduces Premium for Sewer & Water Main Contractors

Sloan Mason has reduced its premium for underground utility contractors, including sewer and water main construction companies. Minimum premiums have been reduced to $25,000 for workers’ compensation/general liability/auto combined. Umbrella limits up to $10 million are available. Coverage is provided …

Calif. Workers’ Comp Written Premiums Down 17% in Q1

The Workers Compensation Insurance Rating Bureau of California has released the results of its report summarizing insurer loss and premium experience through March 31, 2007. According to the report: “California written premium (gross of deductible credits) reported for the first …

Indemnity Underwrites Private Company and Not-for-Profit Risks

Beaverton, Ore.-based Indemnity Excess & Surplus Agency, a professional lines and specialty lines wholesale brokerage firm, is using i-bind technology system to procure management liability insurance for private company and not-for-profit risks from its National network of retail partners. The …

Oregon To Stop Issuing Printed Licenses

The Oregon Insurance Division announced it will stop issuing printed licenses for insurance producers. Beginning July 1, there will no longer be printed initial, renewal, or replacement licenses. All license information for active licensees will be available on OID’s Web …

Apollo Names Ferrel VP

Apollo Agencies Inc. of Manhattan Beach, Calif., has named John Ferrel vice president. He will oversee all operations of Kinecta’s wholly-owned property and casualty insurance subsidiary. Ferrel has more than 22 years of experience, and most recently served as the …

Kan. Commissioner Says Insured Storm Losses for May Total $230 Million

Kansas Insurance Commissioner Sandy Praeger says the 2007 storm season in Kansas so far has accumulated $230 million in losses of insured property and crops during the month of May 2007. “We experienced a terrible loss in Greensburg from the …

Strait Joins Swingle Collins & Assoc.

Swingle, Collins & Associates, a Dallas-based property and casualty-only commercial insurance broker, announced that Kim Strait has joined the firm as account manager. She will be working on a team headed by Chris Peterie, agency principal. Strait joins Swingle Collins …

Ind. Girl in Peanut Butter Lawsuit Receives Kidney from Dad

An 11-year-old girl whose family says she became ill after eating peanut butter contaminated with salmonella received a kidney donated by her father on Monday (June 18). Krystina Brugh and her father, John Brugh Jr., were both doing well after …

Survey: Inlanders Oppose Subsidies for Risky Drivers, Coastal Homes

A new survey is reporting that 80 percent of drivers and 64 percent of homeowners in non-coastal areas in two states disagree with state insurance pricing regulations that benefit risky drivers and homeowners in high-risk coastal areas. The “Consumer Opinions …

Social Services Agencies Earn $360K Dividend from Texas Mutual

Texas Mutual Insurance Company announced a $360,349 dividend for the Social Services Agencies of Texas (SSA) purchasing group. The dividend is based largely on the group’s growth and favorable loss ratio. “Our members are nonprofit organizations that run pretty lean,” …