Monthly Archives: <span>April 2009</span>

New Hampshire Reduces Fire Tower Hours

Due to budget cuts, the state of New Hampshire has laid off eight full-time fire tower wardens and has offered them part-time work, and only on days when the risk of fire is greatest. Brad Simpkins, interim director of the …

J.M. Wilson in Michigan Promotes Kiser to Personal Lines Manager

Portage, Michigan-based managing general insurance agency J.M. Wilson has promoted Stacey Kiser to manager of Personal Lines and assistant manager of Property/Casualty. She will oversee the day-to-day activities of the Personal Lines department, serving customers in Michigan, Ohio, Illinois, Indiana, …

Rutherfoord Appoints Peterson to North Carolina Office

Insurance broker and risk management firm Rutherfoord has added David T. Peterson to its Raleigh, North Carolina office. Peterson will serve as division manager, providing direct oversight and responsibility for the growth and success of the Raleigh office. Peterson is …

Martinez Joins General Insurance Agent J.M. Wilson in Southern Region

Michigan-based managing general agency J.M. Wilson has added Debbie Martinez as Sales and Underwriting manager for its southern regional office in Charleston, South Carolina. Martinez will be responsible for developing relationships and growing J.M. Wilson’s presence in the South. With …

Broker Lockton Advises Insurance Buyers to Expect Firming of Prices

Insurance buyers can expect upward pricing pressure in the coming months, according to global insurance broker Lockton. According to Lockton brokers writing in a new marketplace overview, insurers saw a “perfect storm” of negative developments in 2008, including a deterioration …

North Carolina Insurance Chief Appeals Beach Plan Ratemaking Ruling

A North Carolina court ruling that questioned the insurance commissioner’s authority to approve insurance rate changes without public hearings is being challenged by Insurance Commissioner Wayne Goodwin. However, Goodwin is not seeking to stop the court’s order that blocked deductible …

Improved Credit Markets Aid Shaky Florida Hurricane Insurance Fund

Gov. Charlie Crist and the Florida Cabinet received a bit of encouraging news this week about the state’s tenuous hurricane catastrophe fund. The head of the agency responsible for Florida’s investments told them a loosening credit market provides the ability …

Xchanging Expands Abroad after London Success

“We’ve experienced good growth over the last ten years, and we’re looking to expand further,” said Stewart McCulloch, head of UK and insurance operations for London-based service provider Xchanging. That’s something of an understatement. The company might best be described …

AIG May Sell U.S. Auto Unit to Zurich

American International Group is close to a deal to sell its U.S. auto insurance business to Swiss insurer Zurich Financial Services for roughly $1.5 billion, a source familiar with the matter said on Wednesday. A deal could be announced soon, …

Willis Names Larsson Sweden CEO

Willis Group Holdings announced that Staffan Larsson has been appointed chief executive officer of its operations in Sweden, based in Stockholm. He was formerly a member of the Willis Sweden management team and head of Business Strategy and Development, and …