May 8, 2008
Woodruff-Sawyer & Co. and Redevelopment Risk Services have formed an alliance for companies trying to manage the risk of environmentally distressed and urban infill properties. The range of services will assist in redevelopment transactions of all types, including property purchase …
May 8, 2008
Consumer advocacy group The Greenlining Institute has filed a petition with the Commissioner of the California Department of Insurance demanding review of United Services Automobile Association’s (USAA) application for a 6.9 percent rate increase on the company’s homeowner multi-peril insurance …
May 8, 2008
For the fourth year in a row, Denver-based Pinnacol Assurance, a workers’ compensation insurance carrier, will issue a general dividend to its policyholders. In mid-May, eligible Colorado businesses will receive dividend checks totaling approximately $55 million. Statewide, Pinnacol is issuing …
May 8, 2008
Gwen Ware has joined M.J. Hall and Co. Inc. as marketing representative in the company’s corporate office in Stockton, Calif. She replaces Sarah Marsh, who will become a broker/underwriter for MJ Hall later this year. Ware has been in the …
May 8, 2008
PIA Western Alliance has named Amanda Washington the association’s junior vice president. She will take a greater role in the day-to-day operation of the Western Alliance’s nonprofit operation, including membership, conventions, marketing, education and communications. Washington has been with the …
May 8, 2008
Insurance broker Marsh along with catastrophe modeling firm Risk Management Solutions (RMS) and wind station operator WeatherFlow, Inc. have developed an insurance product to address financial exposures faced by businesses due to hurricane-force winds. The product, known as WindX-SI, provides …
May 7, 2008
Royal Bank of Scotland Group Plc’s decision to sell its insurance business is likely to prompt a string of other banks to reconsider the strategic value of owning insurers. Faced with billions of dollars in writedowns, bankers expect lenders to …
May 7, 2008
Barney & Barney LLC, a San Diego-based insurance brokerage, has closed its merger with Saylor & Hill Co., an Oakland, Calif.-based brokerage. The combined companies will work together to provide insurance, risk management and employee benefits solutions. “Our merger with …
May 7, 2008
Fiserv FSC Insurance Solutions, a business unit of Fiserv, Inc. recently announced real-time rating capabilities for insurance professionals in Illinois, Iowa, Minnesota and Wisconsin. According to the company statement, producers who use MI-Rater now have the capability to access real-time …
May 7, 2008
Florida officials are working to contain a wildfire at Lake Okeechobee. The state Division of Forestry says about 4,000 acres of muck and grass are burning on the dry lake bed near Moore Haven, about 80 miles west of West …