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

Carver Joins Baldwin Resource Group as Account Executive

Steve Carver has joined Bellevue, Wash.-based Baldwin Resource Group as an account executive in its Insurance Division. Carver has worked in the insurance industry for several years, having handled insurance and risk management needs for clients in the Puget Sound …

4 Workers Hurt in Explosion at Mill in Southern Alabama

Four employees were injured in an explosion and fire that damaged an Alabama building-products mill early on May 7, company officials said. The injured workers at Louisiana-Pacific Corp.’s Oriented Strand Board mill were taken to a Mobile hospital for treatment. …

New Mississippi Supreme Court Building Floods

The Mississippi Supreme Court is rescheduling cases after the new Gartin Justice Building was flooded on all four floors. The building houses the Supreme Court and Court of Appeals, among others. Judges and their staff moved into the building in …

Mt. Washington Expands Home Insurance Choices in N.H.

Mt. Washington Assurance Corp. introduced its newest home insurance program in New Hampshire this week in a series of meetings with independent insurance agents who represent the company for home and auto insurance. The new Peak Protection Program includes coverage …

American E&S Appoints Epstein Underwriting Manager

Scott Epstein has joined American E&S Insurance Brokers as underwriting manager, responsible for growing and strengthening the managing general agent (MGA) unit. He will work out of the company’s San Francisco branch. Most recently, Epstein served as an underwriter and …

One Year after Tornado, Greensburg Still Struggling to Survive

Unlike Dorothy in the Wizard of Oz, one year after a devastating tornado destroyed their town, many in Greensburg, Kan. are still not able to go home. Some 700 residents remain in the town that once had a population of …

Five Effective Insurance Marketing Tips

Once you are established as an insurance agent, you will want to do whatever you can to improve your marketing power. The better your insurance marketing plan the more money you are going to earn. With the five tips below …

AIG Seeks New CFO as Bensinger Moves to Financial Services

American International Group, Inc. (AIG) is in the market for a new chief financial officer (CFO), having appointed its current CFO to a new post. AIG announced that Steven J. Bensinger, currently CFO and executive vice president, is now vice …

AIG Posts Big Loss Due to Mortgage Woes; Insurance Results Decline, Too

The world’s biggest insurance company, American International Group Inc. (AIG), posted a big quarterly loss — $7.81 billion — largely due to write-downs related to bad mortgage investments. AIG blamed much of the loss on the continuation of the weak …

Mass. Denies Hike in FAIR Plan Home Insurance Rates

Massachusetts insurance officials have blocked a 13.2 percent statewide rate hike by the state’s residual market home insurer. The decision by Insurance Commissioner Nonnie S. Burnes also kills a 25 percent increase in coastal homeowners’ insurance rates that was part …