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

Fla. Gov. Announces Climate Change Summit: Schwarzenegger to Speak

Gov. Charlie Crist announced California Governor Arnold Schwarzenegger as a keynote speaker at Florida’s global climate change summit. The two-day conference will be held in Miami, July 12-13 in Miamil. “At Florida’s climate change summit, we will begin working on …

Chicago Donald Gaddis Co. Adds Jay Dillon to New Mich. Office

Donald Gaddis Co. Inc. recently announced that Jay Dillon will lead the newly opened Franklin, Mich. office. Dillon has over 35 years of extensive commercial insurance experience, according to the Gaddis statement. For the past 15 years, he has been …

S.C. Securitizations Surpass $5 Billion in Excess Reserves in 2Q 2007

South Carolina Director of Insurance, Scott H. Richardson, announced that South Carolina’s special purpose financial captive insurance program securitized premium streams totaled more than $5 billion in the second quarter of 2007. This program’s growth is due to its consistent, …

Tenn. Commercial Insurance Agencies Adopt First Horizon Insurance

The commercial insurance agencies of Tennessee-based First Horizon National Corp. changed their names to First Horizon Insurance. The agencies are Synaxis Group Inc. of Nashville, Tenn.; Polk and Sullivan of Nashville, Tenn.; Killebrew, Lyman and Woodworth of Chattanooga, Tenn.; and …

N.C.’s MJM Appoints V.P. of International Business Development

Headquartered in Raleigh, N.C., MJM Inc., appointed Phil Peart as vice president of International Business Development. Peart joined MJM in 2003, and has been involved in the insurance investigation industry for more than 30 years. His expertise lies in investigating …

Safety Officials Urge Chlorine Gas Transport Measures

Safety officials are warning about the risk of a potentially deadly release of chlorine gas unless the government requires equipment for transporting it. A safety bulletin from the U.S. Chemical Safety and Hazard Investigation Board recommends that sites where rail …

Grand Jury in Ethan Allen Deaths Issues Safety Recommendations

A list of recommendations for improving boating safety has been handed down by the grand jury examining the 2005 cruise line tragedy when a boat overturned on upstate NewYork’s Lake George, killing 20 elderly tourists. According to the report issued …

Schools Share Responsibility for Students at Dismissal, N.J. Court Rules

School districts have some responsibility for what happens to their students after they are dismissed from school, the New Jersey Supreme Court ruled recently. The state’s highest court found that a lower court should have allowed a lawsuit trial for …

Selling workers’ comp like it’s not a commodity

Everybody needs workers’ compensation coverage and to some that translates to a commoditization of the product line. But to be successful at selling workers’ comp, producers have to change the way they sell the product, says one industry executive. The …

Top 25 workers’ comp insurers represent nearly half of market

Workers’ compensation direct premiums written for calendar year 2006 exceeded $47 billion. At year-end 2002, it was nearly $34 billion. This represents an increase of 40 percent. However, over the same period, the Top 25 carriers increased their direct premiums …