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

Company Operating Without License Ordered to Pay $60,000 Fine

California Insurance Commissioner Steve Poizner ordered Dent Defense Group Inc., a Concord-based company, to pay $60,000 in fines for transacting insurance in California without a proper license. Dent Defense Group Inc. illegally sold pre-paid paintless dent repair contracts from 2005 …

InterWest Names CEO, Rolls out $500 Million Growth Strategy

Sacramento, Calif.-based InterWest Insurance Services named Keith Schuler CEO. He will be in charge of guiding the company toward a $500 million increase in premiums managed and keep the company independently owned. InterWest is an independently owned commercial insurance brokerage …

Costs, Confusion Keep Flood Insurance Numbers Low in Iowa

A combination of costs and confusion keeps many Iowans from buying federal flood insurance. Only about 1 percent of Iowans owned flood insurance when last month’s record flooding struck. More than 4,000 homes in Cedar Rapids were damaged or destroyed, …

Florida Property Insurer Offers Boat Insurance to Members

Florida-based PURE Risk Management recently launched an insurance program for personal boaters called PURE Watercraft Insurance. PURE provides hull coverage, including coverage for windstorm, on an agreed-value basis, and offers coverage for protection and indemnity, including fuel-spill liability and mechanical …

Coleen A. Mulhern Rupp joins M.J. Hall and Co. Inc.

M.J. Hall and Co. Inc. named Coleen Mulhern Rupp as marketing representative for its San Francisco office. Mulhern Rupp brings more than 25 years industry experience to her position. She was most recently with a national wholesale firm based in …

San Diego CPCU Installs New Officers, Directors

The San Diego Chapter of the Chartered Property Casualty Underwriters (CPCU) Society installed new 2008-2009 officers and directors. The officers include: President David Fitzgibbons of Wawanesa; President-Elect Tyler Hamilton of Alliant Specialty Insurance Services; Vice President Susan McFarland of Cavignac …

InsuranceLeadz.com and Middle Cross Software Partner to Launch New Service Called Typhoon

InsuranceLeadz.com would like to announce its partnership of Middle Cross Software to launch their new Quote Burst Typhoon service line for Allstate insurance agents. This new service will allow Allstate insurance agents to further monetize their lead purchases by providing …

New Web Site Provides Information on Florida’s Property Insurance Issues

The Florida Catastrophic Storm Risk Management Center launched a comprehensive Web site (www.stormrisk.org) designed to serve as a one-stop shop for citizens, policy makers, the media and others seeking to learn about Florida’s property insurance issues, especially in relation to …

Sustainability Risks Create Challenges for Actuaries

Sustainability risks are one of the most critical emerging risk areas of the 21st century and actuaries will need to develop mitigation and financing strategies for handling them. “Sustainability risks are going to have a substantial impact on risk management …

New Maryland Deputy Insurance Chief Henneman to Lead Fraud Fight

Maryland Insurance Commissioner Ralph S. Tyler has named Carolyn H. Henneman as associate commissioner to oversee the Insurance Fraud Division, which investigates and prosecutes cases of criminal insurance fraud in cooperation with the attorney general and state police. Most recently, …