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

Catto Named Operations Chief of Vermont Mutual

William A. Catto has been elected chief operating officer of the Vermont Mutual Insurance Group. Catto also serves as executive vice president of both the Vermont Mutual and Northern Security Insurance Cos. and president of the Granite Mutual Insurance Co. …

Ratings Roundup: TTB/TTI Club, Oman Insurance, Trust Re

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of the Bermuda-based Through Transport Mutual Insurance Association Limited (TTB), and its wholly owned subsidiary, the UK-based TT Club Mutual …

Best Affirms Horace Mann’s ‘A-‘ Ratings

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Horace Mann Educators Corporation’s (HMEC) P/C group, Horace Mann Insurance Group, its members and HMEC’s life/health insurance company, Horace …

Storm Causes Damage in 13 Arkansas Counties

Storms with wind gusts nearing hurricane speed cut across Oklahoma and Arkansas on June 12, causing damage in at least 13 Arkansas counties. Tommy Jackson, a spokesman with the Arkansas Department of Emergency Management, says Conway and Johnson counties have …

Montana Supreme Court: Work Comp Not for Retired Workers

The Montana Supreme Court heard arguments in the case of three people who suffered permanently disabling injuries at work and are seeking to receive worker’s compensation benefits after they reach retirement age. Jim Hunt, attorney for the three employees, pointed …

Florida’s Szypula Becomes First to Receive Regulation Designation

An employee of the Florida Office of Insurance Regulation earned the distinction of being the first regulator in the country to attain the Senior Professional in Insurance Regulation (SPIR) designation. Commissioner Kevin McCarty presented the designation to Steven Szypula, the …

Missouri Bars Universal Casualty from Writing New Business in State

The Missouri Department of Insurance has issued a cease-and-desist order against a Chicago-based auto insurance company, citing numerous consumer complaints and violations of state law. Department Director John M. Huff issued the order on June 11, forbidding Universal Casualty Company …

Texas Gulf Coast Agents Association Announces New Officers

The Galveston (Texas) Gulf Coast Insurance Board has elected new officers to serve from May 2009 through 2011. The new officers are: President Jimmiegale Berg, Town & Country Insurance Agency, Galveston; Vice President Charlie White, Grace White Agency, Pasadena; Treasurer …

Former Owner of London American General Agency, Ed Maucere, Dies

Edward J. Maucere, former owner of London American General Agency Inc., a San Diego-based wholesale brokerage and underwriting manager for commercial transportation business, passed away unexpectedly on June 12, 2009, at Palomar Hospital in Escondido, Calif. Maucere’s committment to professionalism, …

Hawaii Health Insurer Raising Rates for Small Businesses

The Hawaii Department of Consumer and Business Services, Insurance Division has approved a rate hike of 12.1 percent for Hawaii Medical Service Association (HMSA). The state’s largest health insurer plans to raise premiums for small businesses an average of 12.1 …