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

Idaho Tells Consumers High Gas Prices May Mean Lower Insurance Rates

As gas prices soar to more than $4 per gallon in Idaho, many residents are driving less, according to the Department of Insurance. Many people have started carpooling or using alternate means of transportation such as mass transit, scooters, bikes …

Baldwin Resource Group Celebrates 10th Anniversary

Bellevue, Wash.-based Baldwin Resource Group is celebrating its 10th anniversary as a professional services firm, providing services and resources to business and individuals on a local, regional and national level. Begun in 1998, the company now offers an array of …

California AG Sues Cement Plant for Hexavalent Chromium Exposure

California Attorney General Edmund G. Brown Jr. and District Attorney Rod Pacheco sued TXI International, a Riverside, Calif.-based cement plant, for exposing people to the potent carcinogen hexavalent chromium without providing warnings to the community as required by law. “Dust, …

Alpha Risk Insurance Services Acquires Pacific Way Insurance Services

Ontario, Calif.-based Alpha Risk Insurance Services acquired Pacific Way Insurance Services, also of Ontario. Terms of the transaction were not disclosed. Pacific Way was founded in 2004 by Karen Cancilla as a small commercial lines agency, and has grown to …

Heffernan Names Assistant VP in Portland, Launches HR Consulting Program

Heffernan Insurance Brokers has launched a new human resources consulting program and appointed Lisa Banducci leader of its new service offering. Banducci will work out of Heffernan’s Walnut Creek office, but the new service package is available statewide. The Human …

CompPartners Names Guyan Director of Product Development

Suzanne M. Guyan has joined CompPartners, a workers’ compensation, disability, and group health managed care organization based in Irvine, Calif., as director of product development. Guyan has a diverse and comprehensive background in workers’ compensation and employee benefits. She started …

Rockhill Insurance Purchases National Environmental Coverage Corp.

Rockhill Insurance Company announced its recent acquisition of National Environmental Coverage Corporation (NECC), a company that underwrites environmental insurance coverage. The Rockhill Group is a Kansas City-based insurance conglomerate offering general liability, umbrella, property, earthquake and workers’ compensation insurance. NECC, …

Alpha Risk Insurance Services Acquires Pacific Way Insurance Services

Ontario, Ca. Alpha Risk Insurance Services acquired Pacific Way Insurance Services in Ontario, California on June 20th, terms of the transaction were not disclosed. Pacific Way www.pacificway.net was founded in 2004 by Karen Cancilla as a small Commercial Lines Agency. …

European Union, India Support Including Insurance in World Trade Deal

The European Union and India said on Monday they were committed to a world trade deal that takes account of services as well as agriculture and industrial goods. A joint statement issued after Indian Trade Minister Kamal Nath and EU …

Munich Re of Africa Reports Premium, Profit Growth

Munich Reinsurance Co. of Africa – the largest reinsurer in Sub-Saharan Africa – posted positive underwriting results for 2007. MRoA announced a 25.4 percent increase in gross premium income to R3, 2billion, and net income after tax amounting to R230, …