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

Banks Boost Insurance Brokerage Fees for First Quarter

Bank insurance brokerage fee income was up 3.9 percent year-to-date through March 31, 2007, compared to the first quarter of 2006, according to the Michael White-Symetra Bank Fee Income Report (Bank-FIR). The Bank-FIR reveals that bank insurance brokerage fee income …

USI Names Nerlino as CFO

USI Holdings Corp. in Briarcliff Manor, N.Y. has named Vincent E. Nerlino as its new executive vice president and chief financial officer. He has also been elected to serve on the company’s board of directors. Nerlino will be based in …

Hilb Rogal Hobbs to Buy Kansas Agency, Charton Manley

Virginia-based insurance broker Hilb Rogal & Hobbs Co. has agreed to acquire substantially all of the assets of Charlton Manley, Inc. , a Kansas-based retail property and casualty insurance agency and brokerage and employee benefits consulting firm. Terms of the …

Insurers Urge S.C. Legislature to Pass Coastal Insurance Reforms

The Property Casualty Insurers Association of America commends Gov. Mark Sanford and the South Carolina Legislature for advancing an agenda of reform aimed at strengthening the state’s coastal insurance market. Today the South Carolina House concurred with the Senate on …

E. Coli Fear Spurs Ground Beef Recall in 10 States

Supervalu Inc. announced this week that it was recalling some ground beef sold in its Albertsons and Save-A-Lot stores because it is believed to be contaminated with E. coli. Most of the products were sold under the Moran’s label at …

Fair Isaac to Adjust Credit Scores to Stem Credit Renting Practice

Fair Isaac Corp. said this week tha the next version of its widely used FICO score will no longer consider certain types of credit card accounts, closing a loophole that allowed strangers to coattail on a cardholder’s good credit. The …

N.H.’s New Rules on Disciplining Unethical Attorneys Stir Debate

Arthur Ginsberg says lies by his ex-wife’s divorce lawyer harmed his daughters, forced him into bankruptcy and damaged his reputation — yet the well-connected lawyer got off with a warning. The lawyer, John P. Griffith, says he didn’t even merit …

Maine Bill Bars Teens from Chatting While Driving

Maine tenagers who are used to chatting while driving may have to break the habit and leave their cellular phones alone while they’re behind the wheel. A bill, which has won all-but-final Senate approval after it was approved in the …

Violent Crime Up, Property Crime Down in 2006, FBI Reports

Violent crime increased 1.3 percent in 2006 when compared with data from 2005. However, property crime decreased 2.9 percent for the same time period, according to the FBI. Violent crime was up, except in the Northeast. Motor vehicle thefts went …

2007 Storms to Include Gabrielle, Erin, Felix, Lorenzo and Wendy

The National Hurricane Center has identified the names that will be used during 2007 to designate storms. Names of storms that are particularly destructive or deadly are retired and replaced. Names beginning with the letters Q, U, X, Y and …