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

California Insurance Association To Broadcast Consumer Podcasts

The Insurance Information Network of California is recording audio and video podcasts to help consumers navigate the world of managing their everyday risks. According to the association, IINC Spots are designed to help cut through the business jargon to give …

California Orange Empire CPCU Chapter Names New Officers

The Orange Empire Chapter of the Chartered Property Casualty Underwriters (CPCU) Society recently elected its 2008-2009 officers. The chapter serves about 300 members who live and/or work in the Orange, Riverside and San Bernardino counties of California. The incoming new …

Safety National Appoints Bush New Senior Vice President

Stephanie Bush, a financial services and insurance industry veteran with more than 20 years experience, has joined Safety National Casualty Corp. of St. Louis as senior vice president, Market Research and Product Development. The announcement was made by Mark Wilhelm, …

Meacham Joins Lockton as Senior Vice President in Kansas City

Lockton Companies has appointed Tim Meacham as senior vice president in its Operations Group based in the company’s Kansas City headquarters. Meacham joins Lockton from Wachovia Insurance where he was managing director for its Chesapeake region. He had operational and …

Del. Insurance Chief Denn in Line for Lt. Gov. Nomination

Wilmington (Delaware) City Council President Ted Blunt has suspended his campaign for lieutenant governor. Blunt issued a statement saying it was important for the Democratic Party to unite. The move clears the way for Insurance Commissioner Matt Denn to become …

3 Ex-Philly Cops Win $10M Award in Retaliation Case

Three former Philadelphia police officers who claim retaliation for opposing workplace bias against blacks have won a $10 million jury award. Lawyer Brian Puricelli says his three white clients were driven out of the department. Plaintiff William McKenna says the …

Minnesota Governor Signs Flood Insurance Disclosure Bill

Minnesota Gov. Tim Pawlenty signed a bill on May 14th that requires insurance companies and agents to notify homeowners annually if their insurance policies do not include flood coverage. The required notice will say the homeowners have the right to …

Memo to State Insurance Regulators: Pack Your Bags!

It’s time for the group representing the states’ insurance regulatory experts to pack up its bags, computers and name badges — and move to Washington, D.C. The National Association of Insurance Commissioners (NAIC) currently makes its home in America’s heartland, …

Florida Weighs Reinsurance Collateral Rule Change

The Florida Office of Insurance Regulation held a public hearing recently on a draft rule that would give the insurance commissioner discretion to allow unaccredited reinsurance companies to conduct business in Florida without having to post 100 percent collateral. In …

Insurer Executives Say More Can be Done to Attract New Talent

Encompass, The Hartford execs note that agents stand on solid ground in their role as trusted advisors Young agents today face a number of challenges, including the soft market, a downturn in the economy, and learning the skills to become …