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

The Woodlands Financial Group Opens Branches in Florida, Maryland

Texas-based The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency specializing in property/casualty and life/ health insurance, and financial planning, announced the opening of new branch locations in Florida and Maryland. Maricela Scheller has opened a new …

Indiana General Assembly Eliminates Credit Mandate for Insurers

The Indiana General Assembly has passed House Enrolled Act (HEA) 1246, which removes a provision in Indiana law requiring insurance companies to re-rate an insurance policy at least once every three years based on current credit information, according to the …

Baio Named Treasurer of W.R. Berkley Corp.

W. R. Berkley Corp. has appointed Richard M. Baio to the newly created office of vice president – treasurer. He will manage the investment accounting and tax departments, global currency, banking relationships and all related treasury functions. Baio, 40, has …

Electronic Insurance Verification System Being Launched in Oklahoma

Police across Oklahoma soon will be able to access a new electronic insurance verification system designed to crack down on uninsured motorists. Five police departments across the state began using the computerized system recently, and state officials say the system …

Iannotti-Montz Joins Abbate Insurance Associates

New Haven, Connecticut-based agency Abbate Insurance Associates has named Lisa Iannotti-Montz as a personal lines account executive. The 25-year industry veteran will be responsible for new business development and working with the agency’s current clients. Source: Abbate Insurance Associates

TWIA’s Chair Langford Honored by Texas Senate

The Texas Senate honored James Langford, vice president of compliance, regulatory and government affairs for Texas Farm Bureau Insurance Companies, in a Senate Resolution. The Resolution was read on the Senate floor honoring his retirement. Langford worked 40 years with …

Massachusetts Lawyers Form Bar Association for Reinsurance

A group of 25 lawyers from seven Boston-area firms have formed the Massachusetts Reinsurance Bar Association (MReBA), a group the members say is a first-of-its-kind group focused on reinsurance law. William N. Erickson of law firm Robins, Kaplan, Miller & …

Max Capital Responds to Validus’ Plan to Acquire IPC Holdings

The Bermuda-based Max Capital Group Ltd. has released a statement indicating that it believes “that recent actions by Validus Holdings, Ltd., including its announced plan to launch a highly conditional hostile stock exchange offer for IPC Holdings, Ltd., are intended …

Insurance Women of North San Diego County Receives Award

The National Association of Insurance Women hs awarded the Insurance Women of North San Diego County the Region VIII Association of the Year Award. The purpose of the award is to give recognition to a local Region VIII association that …

Florida Insurance Broker Can’t Take It Any Longer

Well, I’m sorry but I just cannot take it any longer. To quote our very own Insurance Commissioner: “I must also finally break down and respond to some of the more recent articles. Errors in fact and rhetorical assertions, unsubstantiated …