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

Valiant Adds Three Executives

New York-based specialty insurer Valiant Insurance Group has added three new executives to its management team. Scott J. Bayer joins as senior vice president and head of Valiant’s casualty division. Lori Marino joins as senior vice president and head of …

New Marketing Plan to Highlight SWBC’s Name Change, New Slogan

San Antonio-based insurance and financial services firm SWBC, formerly Southwest Business Corporation, launched a campaign to increase awareness of its recent name change and announced it will be using a new slogan: “We do that too.” The company explained that …

National Group Says Iowa Legislature Ends on Mixed Note for Insurers

The 2008 Iowa legislative session ended with mixed results for the insurance industry, according to the American Insurance Association (AIA). “Iowa’s Legislature was highly active on insurance issues this year and in the end, all the activity yielded mixed results …

SIG Insurance Professionals Promotes Duncan to Executive VP

Dallas-based SIG Insurance Professionals named Jennifer Duncan executive vice president of the organization. SIG Insurance Professionals consists of Southern Insurance Group, Sovereign Insurance Group Inc. and SIG Financial Services Inc., with expanding operations in Austin, Houston and Ft. Worth. Duncan …

Motorists Mutual Announces 2007 Financial Results

Columbus, Ohio-based Motorists Mutual Insurance Company recently posted financial results for 2007. Chairman, President and CEO John J. Bishop presented the state of the organization during the annual policyholder meeting at corporate headquarters. Motorists Mutual is the lead company of …

Texas March Enforcement Actions Result in $130K in Fines, Restitution

Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during March include five license revocations, four license denials, and fines and restitution totaling $130,400. Copies of Geeslin’s orders may be obtained by contacting TDI’s Public Information Office. …

Virginia Gov. Kaine Declares Emergency After 3 Tornadoes Strike

Governor Timothy M. Kaine declared a state of emergency in Virginia, directing state agencies to take all necessary actions to aid in the response to widespread damage from yesterday’s violent weather in the southeastern part of the state. Strong winds …

Industrial Accident in Tennessee Claims Life at Construction Site

Tennessee officials say a construction worker fell to his death at an Embassy Suites construction site in Murfreesboro. Rutherford County Emergency Medical Services spokesman Randy White says the incident happened around noon on April 26, and has been deemed an …

Kentucky Residents Recovering from Tornadoes Unhappy with Feds

Allen County, Ky. Judge-Executive Bobby Young has a simple description of the Federal Emergency Management Agency. “FEMA is a joke,” Young said. That sentiment – and variations on it – can be heard commonly among southern Kentucky residents seeking to …

Maryland Car Dealership Fire Causes $3M in Damage

Fire investigators say a blaze at a car dealership in Prince Frederick, Maryland did $3 million worth of damage. In addition to the main showroom at Bayside Automotive, five vehicles belonging to the dealership and to customers sustained damage. Deputy …