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

Utah Independent Insurance Agents Name Stringham Young Agent of the Year

Ryan Stringham of The Buckner Co. has been named Young Agent of the Year by the Utah Association of Independent Insurance Agents. Stringham started his career with The Buckner Co. in 2002. While working full time for the company, he …

Pacific Wholesale Names National Healthcare Director, Associate Broker

Pacific Wholesale announced that Hoppy Stauffer has joined the comapny as national healthcare director, and Veronica Jimenez has joined as associate broker. Stauffer began her career managing physician offices for 10 years. She has been in the wholesale healthcare business …

N.Y. Appeals Court: Contingent Commissions Not Illegal

In a twist to a scandal that has rocked the insurance industry over the last several years, a New York appeals court has ruled that contingent commissions paid out by Boston-based Liberty Mutual Group Inc. are not illegal. The ruling …

Chance Joins Bridge Insurance Partners in Sales, Consulting Role

Dallas-based Bridge Insurance Partners, a national commercial property and casualty agency, has added John H. Chance in a lead sales and consulting role. Chance will focus on delivering insurance solutions to middle market firms. Chance formerly was co-owner of Resource …

IJ Contributor to Chair Texas State Bar Insurance Law Section

Brian Martin, a partner in the law firm of Thompson, Coe, Cousins & Irons LLP, was installed as the 10th Chairman of the Insurance Law Section of the State Bar of Texas. Martin is a frequent contributor to Insurance Journal’s …

North Carolina Auto Insurance Rate Hearings Scheduled

The North Carolina Department of Insurance and state insurance industry officials will come together beginning June 30 to debate auto insurance rate hikes. The auto insurance industry, represented by the North Carolina Rate Bureau, asked for a 13 percent average …

Farmers Expands Its Flexible Auto Package in Texas

Effective July 1, Farmers Texas County Mutual is adding two new packages to its Farmers Flex package of options that can reward drivers for being accident-free. Farmers Senior Vice President of Personal Auto Bill Martin said the additions give many …

Limited Liability for Farmers Part of Louisiana’s Legislative Success

Agriculture and Forestry Commissioner Mike Strain, D.V.M. believes his first regular session with the Louisiana Legislature was an overwhelming success for farm and forestry interests. Strain says lawmakers passed 23 of the bills his department supported. Among those he cited …

Tennessee Rally Highlights Sick Cold War Workers Seeking Compensation

Former Cold War workers and their supporters rallied in Oak Ridge, Tenn. to demand help for workers made ill from exposure to hazardous and radioactive materials in the government’s nuclear weapons facilities. The U.S. Department of Labor responded with new …

AIG Decides to Hang Onto and Grow Aircraft Leasing Unit, ILFC

International Lease Finance Corp. (ILFC), an aircraft leasing and remarketing firm, will remain a core holding of insurance giant American International Group, Inc. (AIG). Robert B. Willumstad, AIG chairman and chief executive officer, and Steven F. Udvar-Hazy, ILFC chairman and …