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

Narey, Tacchetti Join Fireman’s Fund

Sally B. Narey has been appointed general counsel and Greg Tacchetti has been appointed chief administrative officer at Fireman’s Fund Insurance Co. Both also will be senior vice presidents. Narey will lead the legal operation, responsible for corporate legal governance, …

Arizona Public Safety Personnel Costing Millions in Insurance Claims

Tucson and Pima County officials say injured police officers, firefighters and sheriff’s deputies are costing taxpayers millions in insurance claims. According to records from the city and county, injured firefighters and police officers have, since 2002, cost Tucson $14 million …

Central Insurance Names Eikenbary Vice President-Treasurer

Central Insurance Companies has promoted Thad R. Eikenbary to vice president-treasurer for both Central Mutual Insurance and All America. Eikenbary has been employed by Central Insurance for 17 years. He has held positions as a commercial underwriter, accountant, senior accountant, …

La. Regulators Suspend Cancellations, Nonrenewals with Emergency Rule

The Louisiana Department of Insurance on Sept. 10 issued Emergency Rule 24, which addresses premium renewals, cancellations, claim filings and other insurance-related matters affecting Louisiana citizens impacted by Hurricane Gustav, which made landfall in that state on Sept. 1. The …

Wisconsin Commissioner Says Humana Paid $750,000 to Resolve Complaints

Humana Insurance Co. has agreed to pay the state of Wisconsin $750,000 to settle complaints about its marketing and other practices. Insurance Commissioner Sean Dilweg says the settlement will protect seniors from problems related to the company’s aggressive marketing of …

Rating Roundup: Response Group

A.M. Best Co. has placed the financial strength rating (FSR) of ‘B++’ (Good) and issuer credit rating (ICR) of “bbb” of Response Insurance Group and its following members under review with positive implications: Response Insurance Company, Connecticut Life & Casualty …

Ratings Roundup: Greenlight Re, Polish Re, Rembrandt, Macau

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Greenlight Reinsurance, Ltd. as well as the ICR of “bbb-” of Greenlight Re’s holding company parent, Greenlight Capital Re, Ltd. …

AmWINS Group Forms Energy Practice in Houston Office

North Carolina-based wholesale insurance broker AmWINS Group Inc. has formed an energy practice within its brokerage division. The energy practice, based in the company’s Houston office, will be led by Pascal Ray and Maryanne Maniaci, who recently joined the firm. …

North Carolina Insured Drivers to See Rate Decrease of 16.1%

North Carolina Insurance Commissioner Jim Long signed an order requiring a 16.1 percent reduction in private passenger auto rates and a 11.7 percent reduction in motorcycle liability rates. The decreases will become effective Jan. 1, 2009, according to Long. “After …

New Insurance and Risk Advisor Joins Saunders Insurance Team

Coy Sunderman has joined the team at Saunders Insurance Agency in Smithville, Texas. Sunderman spent the last five years with Nationwide Insurance before making the move to Saunders Insurance. Sunderman’s focus is on developing and implementing risk reduction strategies for …