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

UK’s Chartered Insurance Institute Backs OECD Financial Proposals

The UK’s Chartered Insurance Institute (CII Group) has endorsed the call by the Organization for Economic Cooperation and Development (OECD) for governments and industry to invest more in financial capability for insurance. The OECD report on improving consumer understanding in …

Willis Shows Off New London Headquarters Building

Since Joe Plumeri took over as Chairman and CEO of Willis in 2000, he’s guided the international broker through turbulent times, making a number of radical and innovative changes along the way. Nowhere is his presence more evident than in …

Florida Home Mitigation Grant Program Nears 35,000 Recipients

The My Safe Florida Home program is projecting it will exceed the Florida Legislature’s goal of approving 35,000 homeowners for grants by the end of May, according to Florida Chief Financial Officer Alex Sink . The first-come, first-served program will …

Mississippi Coast Insurance Rates Nearing Pre-Katrina Levels

Collaboration between Mississippi Insurance Commissioner Mike Chaney, the state Legislature, Gov. Haley Barbour and the Mississippi Windstorm Underwriting Association has managed to return Gulf Coast insurance premiums to nearly pre-Katrina levels. According to the Mississippi Windstorm Underwriting Association, also known …

Kansas Governor Signs Flex Rating Bill

Kansas Gov. Kathleen Sebelius recently signed legislation, HB 2689, the Flex Rating Regulatory Improvement Model Act, that proponents of the legislation say will modernize the rating system in Kansas. The National Association of Mutual Insurance Companies (NAMIC) supported the flex …

Forget Finding Insurance Leads, Buy them Online

Are you tired of trying to find insurance leads on your own? Have you spent enough money on billboards, newspaper ads, and other marketing methods that are not producing results? If you answered yes to either one of these questions …

Georgia Insurance Commissioner: Storm Damage at $50M and Growing

Georgia Insurance and Safety Fire Commissioner John W. Oxendine said he estimated that violent weather across Georgia over the weekend caused more than $50 million in insured losses, with more than 6,000 homes damaged. “That figure may rise as new …

Northwestern Montana Flooding Predicted as Temperatures Rise

Some northwestern Montana rivers and streams are likely to flood by next weekend as temperatures rise and part of the mountain snowpack melts, the National Weather Service says. Emergency-services workers met May 9 in Kalispell to plan their response. The …

Alaska Authorities Detonate Explosives, 2 Homes Slightly Damaged

Alaska State Troopers say two homes in the Matanuska-Susitna Borough were damaged when explosive material found in a storage unit was removed and detonated. The explosive material was found May 9 at McGhans’ Storage Facility in Big Lake. Federal firearms …

Kotarba to Retire; McPartland Named Golden Eagle President, CEO

Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company, appointed Pete McPartland to president and CEO. McPartland comes to Golden Eagle Insurance from General Casualty in Sun Prairie, Wis., where he led insurance operations for QBE Regional Insurance as …