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

SCF Arizona President An Arizona “Most Admired” CEO

Phoenix-based SCF Arizona President & CEO Smith has been named one of Arizona’s “Most Admired CEOs” by a local business paper. SCF Arizona is the state’s largest workers’ compensation insurer. The weekly publication selected 25 individuals to honor at its …

Former General Re Executive Given Probation

A former business executive was sentenced Tuesday to two years of probation for his role in an accounting scandal that cost shareholders of insurer American International Group Inc. more than $500 million. John Houldsworth, the former chief executive officer of …

MetLife Names Fagan as Regional SalesManager in Central New Jersey

MetLife Auto & Home has appointed Joanne Fagan as a regional sales manager in New Jersey, overseeing the company’s growth plans for the central portion of the Garden State. Fagan has over 38 years of insurance experience. Prior to joining …

Lloyd S. Berkett Insurance Agency Adds Two to Staff

Los Angeles-based Lloyd S. Berkett Insurance Agency Inc. has added two members to its staff. Barbara E. Lucas will be marketing manager of VIP accounts. She has more than 20 years of experience in handling the needs of sophisticated clients …

California Commissioner Please With Proposed Office of National Insurance

California Insurance Commissioner Steve Poizner generally seems pleased the President Obama has proposed an Office of National Insurance without creating a federal regulator. “The administration’s plan avoids the trap of creating a federal insurance regulator, which I have consistently opposed,” …

Arizona Senate Considers Stricter Child Passenger Restraint System Laws

The Arizona Senate is considering beefing up the state’s child restraint system laws, to have older children ride in booster seats. According to SB 1050, existing law prohibits transporting children under five years of age in a motor vehicle unless …

A.M. Best Downgrades State Farm Florida; Outlook Negative

A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to “bb” from “bbb-” of State Farm Florida Insurance Co. The rating agency’s outlook for the insurer has been revised to …

Western New York Highway Workers Hurt in Collision

Several county highway workers are being treated for injuries after their vehicle was struck by a car while they painted a center line on a road in suburban Rochester, New York. Police in the town of Irondequoit say the Monroe …

William Gallagher Makes Several Executive Appointments

Boston-based insurance brokerage William Gallagher Associates announced a number of executive appointments this week. Sara LaVallee has been named senior vice President, while Paula Cabral, Janice Clifford, Paula Donovan, Anna Karchem and Silas Warner have each been promoted to vice …

Abandoning Flint, Michigan: As Homeowners Move Out, Fires Move In

Like the house across the street gone missing and the one at the corner stripped of its front door, the weathered brown bungalow at 1430 Jane Ave. bided its time, edging nearer to a meeting with a wrecking crew. But …