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

Washington Residents Savvy About Identity Theft, Survey Says

While Washington state has one of the highest per-capita rates of identity theft in the nation, Washingtonians are aware of the risks and are taking the precautions necessary to prevent identity fraud, according to a survey by PEMCO Insurance. Overall, …

Nautilus Insurance Group Appoints Rader Assistant VP-Actuarial

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 appointment of Conni Rader as assistant vice president – actuarial. Her job responsibilities include actuarial pricing …

Files for Unemployment Insurance Grow Amid Economic Slowdown

The number of newly laid-off people signing up for jobless benefits in the U.S. rose last week as companies keep work forces lean given the economy’s slowdown. The Labor Department reported new applications filed for unemployment insurance increased by a …

Reynolds Named President of United National Group

United America Indemnity Ltd. (UAI), based in the Cayman Islands, appointed Scott Reynolds as president of United National Group, one of UAI’s three U.S. divisions. The appointment is effective July 28, 2008. Reynolds will report directly to Larry A. Frakes, …

Okla. City to Add Telephones as Tools for Tornado Warnings

In addition to blaring sirens and screeching weather-radio alerts, residents in Glenpool, Okla., will now have another way of learning about approaching tornadoes: they will get a telephone call. The City Council has approved a contract with Media Weather Innovations …

China’s CNinsure Expands into Jiangxi Province

CNinsure Inc. (NASDAQ:CISG), an independent insurance agency and brokerage company operating in China, announced the signing of a set of definitive agreements with several individual entrepreneurial agents to jointly establish a new insurance agency named Jiangxi Fanhua Insurance Agency Co. …

Reynolds Honored with Raymond Mauk Award at Texas P/C Symposium

Richard “Dick” Reynolds, former chairman and executive director of the Texas Workers’ Compensation Commission, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 16th Annual Mid-Year Property and Casualty Symposium on July 17 in Austin. Reynolds …

Midwest’s Flood-prone Communities Consider Government Buyouts

After the Great Flood of 1993, thousands of properties in flood plains around the Midwest were bought out by the government. Now, weeks after the latest massive flood, buyouts are again being considered in at least five states: Missouri, Iowa, …

Preliminary Estimates of Tornado Damage in North Dakota Top $1 Million

A preliminary estimate of damage from the tornado that struck Rolla, Norht Dakota last week now tops $1 million. Rolette County Tax Director Diane Schwandt expects that estimate to grow. Schwandt says property owners are finding more damage as they …

United America Indemnity Opens North Carolina Office, Names President

United America Indemnity appointed Scott Reynolds as president of United National Group, one of UAI’s three U.S. divisions located in Charlotte, North Carolina. Reynolds will report directly to Larry A. Frakes, president and chief executive officer of UAI and its …