August 6, 2008
The Arizona Chapter of the Chartered Property Casualty Underwriters Society recently elected its 2008 – 2009 officers. Officers include: President Richard D. Pineda of Deans & Homer, Vice President Diana Dean-Spurgeon, Secretary Robee Berman of USAA Insurance, Treasurer David Gutman …
August 6, 2008
San Diego-based Barney & Barney LLC hired Richard Hallett to work in the Construction Practice Group. Formerly an executive underwriter with Arch Insurance Group, Hallett specializes in the placement of surety bonds for the construction industry as well as commercial …
August 6, 2008
Walnut Creek, Calif.-based Heffernan Insurance Brokersrecently announced that it has opened a new branch office in the Chicago area. Jim Howard, senior vice president will be the Chicago branch manager, and will be charged with new business development in the …
August 6, 2008
The New York Legislature passed a bill that will impact the state’s insurance laws by requiring a showing of prejudice before insurers can disclaim coverage for late notice. Gov. David Paterson signed the bill into law on July 21. The …
August 5, 2008
Florida Insurance Commissioner Kevin McCarty said the Office of Insurance Regulation issued a notice of intent to disapprove the June 20 rate filing submitted by Florida Farm Bureau Insurance Companies – Farm Bureau General and Farm Bureau Casualty. Farm Bureau …
August 5, 2008
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of Bermuda-based AXIS Specialty Limited (AXIS) and its operating affiliates. Best also affirmed the ICR of “bbb+” and all …
August 5, 2008
A Chaves County, N.M., commissioner wants the state attorney general to investigate business ties between state Rep. Dan Foley and a contract the state awarded for supplemental insurance to government employees. Foley, R-Roswell, told the Albuquerque Journal in a copyright …
August 5, 2008
For decades, Erie Insurance auto policies have paid for first aid to others’ animals at the time of an accident. Now, all Erie Insurance personal auto policies in Virginia include injury coverage for their own pets, too, at no additional …
August 5, 2008
Los Angeles-based Mercury General Corp. announced its second quarter results for 2008. Net income was $70.7 million, an increase of 1.8 percent from the $69.5 million earned in the same quarter in 2007. However, net premiums written for Q2 2008 …
August 5, 2008
The Michigan Office of Financial and Insurance Regulation (OFIR) recently warned consumers about purchasing bogus automobile insurance certificates from Isaac Chandler of Comstock Park. On Friday, August 1 OFIR Commissioner Ken Ross issued a cease and desist order against Chandler …