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

Investigators Probing Cause of Colorado Blast

Insurance and fire investigators were examining the remains of a building in Breckenridge, Colo., to determine the cause of an explosion that leveled the two-story structure and injured a man. The man was in a second-story apartment in the building …

Colorado Motorcycle Fatalities Reach Record High

Motorcycle fatalities are on the rise in Colorado, doubling from 45 in 1995 to an all-time high of 90 deaths in 2007, according to the Colorado Department of Transportation (CDOT). In the past five years (2003-2007) in Colorado, 402 riders …

American E&S Appoints Broker in Vacaville, California

Carole Brown has rejoined American E&S Insurance Brokers as vice president and financial services broker. She will be working in the Vacaville, Calif., branch and has more 15 years experience specializing in directors and officers liability, errors and omissions, and …

Risk Strategies Names Roman Senior VP

Glenn Roman has joined Risk Strategies Co. as senior vice president. Besides the his own production activity, Roman will assist the California offices as construction practice leader Risk Strategies has three California offices: in Los Angeles, Irvine and San Francisco.

California Aims To Improve Insurance Rate Approval Process

California Insurance Commissioner Steve Poizner has issued emergency regulations to clarify and streamline the prior approval rate system. The regulations are designed to make the rate filing process more efficient, accurate and transparent, he said, speeding “lower insurance rates to …

Arkansas Gov. Says State is Losing $4.3M in Workforce Funding

Arkansas is losing $4.3 million in federal money already allocated for workforce training programs, Gov. Mike Beebe said. Beebe provided details of the cut in his pre-recorded radio address, released April 18. The move by the Department of Labor rescinds …

NIP Founder Has a Passion for Director Protection

Bill Pollock is passionate about protecting directors of companies. The Dartmouth College and University of Virginia law school graduate has been a director and a CEO, and understands from both sides the position company directors are in when it comes …

Corps Plans to Complete South La. Levee System Upgrade in 2011

The Corps of Engineers told Louisiana Commissioner of Insurance Jim Donelon, staff from the Governor’s Office of Coastal Activities and insurance company representatives that upgrades to the Hurricane Protection System in the Greater New Orleans area is on track for …

Recession, Soft Market Forcing Western Agents to Refocus

Whether the nation is in a true recession may still be up for debate, but it’s difficult to ignore the signs of economic slowdown throughout the West — and its effect on the insurance industry. New home construction is grinding …

In Midwest, Recession Makes Soft Market Even Tougher

When it comes to dealing with a recession, independent agents in Michigan carry the dubious distinction of having more experience than their counterparts in other Midwestern states. Michigan has been knee deep in a recession for at least the last …