February 11, 2008
Farmers Insurance Group, Inc., announced that Denise Ruggiero has joined the company as vice president, legislative and regulatory affairs. “Denise will be a key player in the legislative and regulatory arenas in all of our key states,” said Ron Coble, …
February 11, 2008
Dallas-based Republic Companies Inc. (Republic) announced the acquisition of Four Corners Insurance Services Inc. (Four Corners), a general agency based in Phoenix, Ariz. Republic reported that Four Corners specializes in non-standard auto insurance coverages produced through independent insurance agents in …
February 11, 2008
Phoenix-based MiniCo Inc. reported it signed an agreement with Boulder, Colo.-based International Catastrophe Insurance Managers LLC (ICAT), to begin offering property and wind coverage for coastal locations in Florida, Georgia, Alabama, North Carolina, South Carolina, Louisiana, Delaware, New Hampshire and …
February 11, 2008
Okla. lawmakers have voted to put the brakes on potentially expensive mandates in an effort to reduce the price of health insurance, according to an announcement from the House of Representatives. House Bill 3111, by state Rep. Ron Peterson, would …
February 11, 2008
Robert Collet has been promoted to claims manager for the California State Fund’s Oxnard District Office. Collet joined the State Fund in 1988 when he was hired as a claims adjuster for the organization’s Woodland Hills district office. His workers’ …
February 11, 2008
A Shreveport, La., bail bond agent has been arrested, issued a cease and desist order, a notice of revocation of his license and fine notice for misappropriation and unfair trade practices, the Louisiana Department of Insurance reported. Leroy Hicks, Jr., …
February 11, 2008
The Texas Department of Insurance (TDI) issued a reminder to consumers that windstorm insurance inspections, which are required for properties to be eligible for wind and hail coverage through the Texas Windstorm Insurance Association (TWIA), must be conducted by either …
February 11, 2008
Portland-based Liberty Northwest, a Liberty Mutual Agency Markets regional company, has appointed Nancie Linley as branch manager of claims for its Anchorage office. In her new capacity, Linley will supervise two teams of workers’ compensation case managers and claims assistants …
February 11, 2008
HCC Insurance Holdings Inc., headquartered in Houston, announced it has reached a settlement, subject to court approval, with the plaintiffs in class action litigation relating to the company’s historic stock option granting practices. The company previously announced on Jan. 9, …
February 11, 2008
W. R. Berkley Corp. reported net income for 2007 of $3.78 per share, or $744 million, compared to $3.46 per share, or $700 million, for 2006. Net operating income for 2007 was $3.73 per share, or $734 million, compared with …