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

SeibertKeck Names Critchfield Executive Vice President

SeibertKeck, recently announced that David Critchfield has been named executive vice president. Critchfield comes to SeibertKeck after 35 years with Westfield Insurance Group. After less than a year in retirement, he is returning to the insurance realm to direct the …

Welch Joins Vermont Mutual as Commercial Lines Underwriter

Michael P. Welch recently joined Vermont Mutual Insurance Group in Montpelier as a commercial lines underwriter. Welch spent the past 11 years with Underwriters Agency of New England as assistant vice president of underwriting. Source: Vermont Mutual

Mass. Insurance Department Launches Agent Finder Web Site

Massachusetts Insurance Commissioner Nonnie S. Burnes today unveiled AgentFinder, a Division of Insurance Web site designed to make it easier for Massachusetts consumers to find insurance agents and insurance products in the state. AgentFinder connects consumers to insurance professionals based …

Corvallis Earns Farmers’ Secure City Award

Corvallis, Ore., has been named the “Number One Most Secure Place to Live in the U.S.,” according to a 2007 survey released by Farmers Insurance Group. The survey, divided into three groups, found that Corvallis ranked number one in the …

Hawaii Gov. Pushes Insurance Reforms

In her State of the State address to state legislators this week, Hawaii Gov. Linda Lingle outlined 180 proposals she is urging lawmakers to support, including a number of measures that would affect the insurance industry and policyholders. Lingle’s proposals …

Wis. Proposal Would Expand Malpractice Suits to Parents of Adults

A bill passed by the Wisconsin Senate would give parents of adult children who die as a result of medical malpractice the ability to file lawsuits. Right now, parents of adult children in Wisconsin can’t sue for malpractice deaths. Adult …

Calif. Lawmaker Seeks to Ban Some Risky Mortgages

A California legislator on Wednesday introduced a lending-regulation bill that seeks to mandate the obvious — that people who want to buy a home can actually afford the mortgage, property taxes and insurance. The prevalence of exotic mortgages that put …

3-Day Dragnet in Fla. Nets 47 Insurance Fraud Arrests

Officials arrested 47 Floridians so far in a statewide, three-day operation that began Tuesday and will continue through today, targeting 84 individuals for various insurance fraud charges, according to Florida Chief Financial Officer Alex Sink. The arrests, which range from …

Dinallo: Bond Insurance Market Fix Needs Time

Days after announcing a three-part strategy to fix the ailing New York bond insurance market, the state’s top regulator said any plan to deal with the issues facing insurers would take time. “These are complicated issues involving a number of …

House Passes Flood Insurance Reform Legislation

The House of Representatives passed H.R. 3959, sponsored by Financial Services Committee Chairman, Barney Frank (D-Mass.), and Rep. Scott Garrett (R-N.J.), legislation that would gradually phase-out some of the subsidies in the National Flood Insurance Program (NFIP). The bill would …