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

Florida Association of Insurance Agents Names New Board Members

The Florida Association of Insurance Agents named three new board members at its annual conference held June 13-15. Each will serve on the board for a term of three years. Robert S. Ludwig, AIC, vice president of Ludwig-Walpole Insurance Agency …

Flood Damage Not Limited to ‘Flood Zones’

“I don’t need flood insurance; I’m not in a ‘flood zone.’” Or, “I don’t need flood insurance because my mortgage company said I don’t need it.” These statements are made more often than any insurance professional would like to admit; …

E.L.M. Insurance Brokers Names Jordan Broker

E.L.M. Insurance Brokers Inc. of El Segundo, Calif., hired Doris Jordan as a new broker. Her responsibilities will include calling on retail agents and brokers, developing new and enhancing existing relationships, as well as servicing a growing book of business. …

Nautilus Insurance Makes Management Promotions

Scottsdale, Ariz.-based Nautilus Insurance Group, comprised of Nautilus Insurance Co. and Great Divide Insurance Co., member companies of W. R. Berkley Corp. announced the following promotions: Veronica Monteilh was promoted from assistant vice president-underwriting to vice president-underwriting for the north …

North Carolina Couple Charged in Insurance Fraud Case

North Carolina Department of Insurance investigators arrested a Bertie County couple June 13 for alleged insurance fraud, according to Insurance Commissioner Jim Long. Officials processed Rachelle Lunch Lee, 33, and Edward Earl Lee, 35, of Kelford, N.C. at the Bertie …

Where to Turn for Insurance Lead Generation?

Are you having a difficult time selling new policies? Are leads hard to come by due to all the competition in your area? If so, you can make one minor change that will send your sales and profits through the …

Insured Property Value in Hurricane-Prone States to Double in 10 Years

In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide …

AIG Chief Sees ‘No Sacred Cows’ in Turnaround Plan

When former Citigroup executive Robert Willumstad lays out his turnaround plan for insurer American International Group in September, it will likely include plans to shed some of the sprawling group’s non-insurance entities. Willumstad, who was tapped late on Sunday to …

North Carolina Gov.’s 2nd Request for Federal Aid Hits Home

North Carolina Gov. Mike Easley asked the Federal Emergency Management Agency, for a second time, to help pay the escalating costs of fighting the Evans Road Fire in three eastern North Carolina counties. The fire started June 1 and has …

Indiana Commissioner Calls for 60-day Moratorium on Cancellation of Policies

Indiana Insurance Commissioner Jim Atterholt issued a bulletin today (June 17) calling on all insurance companies doing business in Indiana to implement a 60-day moratorium on the cancellation of any insurance policy for late payment by policyholders who live in …