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

ACE Broadens Coverage for Contractor Equipment With New Alliance

The retail Inland Marine unit of ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, teamed up with National Equipment Register (NER), a provider of a national database of heavy equipment ownership and thefts that helps …

Management Group for Insurance Industry Opens Chicago Office

TNC Management Group, the strategy, project management, and analytics consulting firm focused on the insurance industry, recently announced the opening of its Chicago office and the hiring of Aamer Mumtaz as director of the Midwest region. The office, under Mumtaz’s …

XL Insurance Names Molitano as Tech E&O Manager

David J. Molitano has been appointed to the new position of technology errors and omissions (E&O) manager for XL Insurance, XL Capital Ltd’s global insurance operations, in the company’s Select Professional underwriting group. Molitano reports to Donald Allard, XL Insurance’s …

Survey: Parents Fed Up With ‘Party Schools’ and Politicians

Americans continue to overwhelmingly reject an ongoing push to lower the legal drinking age from 21 to 18. According to a Nationwide Insurance survey, 72 percent of adults think lowering the drinking age will make alcohol more accessible to kids, …

Four Small SUVs Earn Top Safety Pick

Automakers are improving the crashworthiness of their vehicles and quickly installing side airbags and electronic stability control, an important crash avoidance feature, on more models, according to the Insurance Institute for Highway Safety. The Institute recently completed front, side, and …

Flood & Peterson Distributes $2.7 Million in Workers’ Comp Insurance Dividends

Greeley, Colo.-based Flood & Peterson Insurance recently distributed $2.7 million in workers’ compensation dividend checks to 1,227 Colorado clients as a reward for maintaining safe workplaces. The $2.7 million in dividend checks that Flood & Peterson distributed come from Pinnacol …

Indiana Insurance Institute Names Zarich Director of Government Affairs

The Insurance Institute of Indiana has promoted Jon Zarich to the position of director of government affairs. He was previously the government affairs coordinator. Zarich is the association’s principal lobbyist for personal lines, tort and life issues. He oversees legislative …

Gallagher Acquires Wm. W. George & Associates of Dallas

Arthur J. Gallagher & Co. reported it has acquired Dallas-based retail insurance broker Wm. W. George & Associates Inc. Terms of the transaction were not disclosed. Established in 1972, Wm. W. George & Associates provides commercial property/casualty, workers’ compensation and …

Flooding Recedes in South Texas After Foot of Rain

The main highway in Texas’ Rio Grande Valley was open to traffic again Aug. 19 as flooding receded following a deluge of up to 13 inches of rain across southern Texas. The torrential rain flooded an estimated 750 homes in …

Flood Recovery Efforts in Iowa Slowed by Government Estimates

Victims of record flooding are paying mortgages, taxes and repairs on houses that might need to be destroyed, and some are blaming federal and state officials for a slow response. The lengthy process to get federal buyout offers to homeowners …