Monthly Archives: <span>January 2008</span>

La. Insurance Department Chief of Staff Resigns

Chad Brown, chief of staff for the Louisiana Department of Insurance, has resigned. Insurance Commissioner Jim Donelon said on Jan. 10, 2008, that Brown was leaving because of a “difference in philosophy.” Donelon did not detail the differences and refused …

People

Privately owned insurance and risk management firm McQueary Henry Bowles Troy L.L.P. (MHBT), based in Dallas, named David Ball a partner in the firm. Ball, previously vice president in the property and casualty group in MHBT’s Dallas office, specializes in …

Crisis Plan Must Work at Moment’s Notice

The best crisis plan in the world is useless if it sits on a shelf. A company’s employees — from the top down — must be ready to put the plan into action on a moment’s notice. That takes communication …

Officials Question Rates for N.C. High Risk Pool ‘Clean Risks’

North Carolina’s automobile insurance rates are among the country’s lowest, but a special pool covering motorists for hundreds of thousands of vehicles doesn’t work very well, industry officials told lawmakers recently. A General Assembly panel met to consider changing the …

Business Moves

Lighthouse Underwriters, Cooley and Darling Cooley and Darling Insurance Agency Inc., a new retail agency based in Haymarket, Va., has acquired the retail book of non-profit business from Lighthouse Underwriters LLC, a member company of U.S. Risk Insurance Group Inc. …

People

Atlanta, Ga.-based Beecher Carlson, a commercial insurance brokerage firm, appointed Steve Denton as president. Denton has served as the chief operating officer since July 2006. In his expanded role, Denton will plan and direct the execution of Beecher Carlson’s client …

Declarations

Taking it Seriously “In view of Allstate’s ongoing, blatant disregard of our subpoenas, I have little choice but to take an action that will send a clear message about how seriously I am taking this issue.” —Florida Insurance Commissioner Kevin …

Tenn. Uncertain How to Fix State’s Uninsured Driver Problem

An estimated 925,133 motorists in Tennessee — more than one in five licensed drivers — do not have insurance, according to a 2006 study by the Insurance Research Council, and at least one lawmaker thinks that’s unfair to other drivers. …

AIG to Pay $42.5M to Clean up Pollution Left by Bankrupt Insured

American International Specialty Lines Insurance Co. Inc. (AISLIC) has agreed to pay $42.5 million to clean up contamination at four industrial facilities run by a bankrupt insured in a suit in which the Department of Justice intervened on behalf of …

States Still Not Sold on Real ID Federal Driver’s License

State officials and some in Congress remain skeptical about new federal rules for driver’s licenses, even after major changes designed to cut the cost of those rules and provide more flexibility. The U.S. Department of Homeland Security (DHS) on Jan. …