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

State Farm Raises Rates for Coastal Alabama

Citing growth and hurricane threats on Alabama’s coast, State Farm will boost its homeowners insurance rates by 12 percent to 18 percent in Mobile and Baldwin counties. The Alabama Department of Insurance approved the new rates July 22 for the …

Insurance Payments Fall Short of Repair Costs after Tennessee Tornado

Tennessee officials razed fairgrounds bleachers damaged by a tornado in Clarksville, Tennessee. Parks and Recreation Director Kevin Cowling said the tornado on May 3 moved parts of the concrete bleachers 2 inches. A structural engineer determined they were unsafe. City …

York Insurance Services Group, Inc. invests in Gregory B. Bragg & Associates, Inc.

York Insurance Services Group, Inc. invests in Gregory B. Bragg & Associates, Inc. creating leading public entity insurance services provider in U.S. PARSIPPANY, N.J., (July 25, 2008) – York Insurance Services Group, Inc., a premier national provider of insurance services, …

Rhode Island Police Arrest State’s Drunkest Person Ever Recorded

Rhode Island state police say they arrested a man this week whose blood alcohol level was 0.491 percent — the highest ever recorded in Rhode Island for someone who wasn’t dead. Stanley Kobierowski was taken to a hospital, put in …

Chubb: Lessons in Globalizing an Insurance Brand

Chubb Insurance, founded in 1882 in New York, today sells in 28 countries and has about 120 offices throughout North America, Europe, South America, and the Pacific Rim, serving its property and casualty customers. While Chubb is today a worldwide …

Liberty Northwest Declares Dividend For Oregon Restaurant Program Participants

The Liberty Northwest Board of Directors recently declared a 10 percent dividend of premiums earned for restaurants participating in the Oregon Restaurant Association (ORA) Safety Group Dividend Property & Liability Program. The dividend applies to ORA members who were policyholders …

Cypress Premium Funding Appoints Castro Director of Sales

Rudy Castro was appointed director of sales for Cypress Premium Funding Inc. His expanded role will lead development of new business relationships as well as oversee future marketing campaigns.

Brownyard Adds Workers’ Comp to Security Guard and Pest Control Programs in California

The Brownyard Group, a program administrator providing specialized insurance coverage for select industry groups, announced it is offering workers’ compensation coverage in California for its security guard and pest control programs. Coverage for both programs is written through Arch Insurance …

California Drivers Cautioned Against Staged Collisions

With summer vacation looming and many Californians traditionally driving more frequently or longer distances, California Insurance Commissioner Steve Poizner is warning area drivers to be alert for staged auto collisions. In 2007-2008, 14,623 referrals out of 23,734 insurance fraud referrals …

Lloyd’s to Establish Amlin Illinois Inc. in Chicago

Amlin, a leading Lloyd’s insurer, plans to open an office in Chicago. Amlin Illinois Inc, will work within the existing Lloyd’s infrastructure, utilizing the Lloyd’s licence in Illinois to write admitted business which may not otherwise reach the London market. …