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

North Carolina Rolls Back, Freezes Auto Insurance Rates

North Carolina is ordering auto insurers to roll back their rates to 2006 levels and send up to $50 million in refunds to about 1 million policyholders in a settlement announced today by Insurance Commissioner Wayne Goodwin. The settlement does …

C.W. Olson Promotes Meliker to VP and In-House Counsel

Rolling Meadows, Ill.-based C. W. Olson and Company, an affiliate of the full-service insurance brokerage firm Associated Agencies Inc., has promoted Matthew Meliker to executive vice president and in-house counsel. Meliker, a resident of Itasca, Ill., has practiced law since …

Wisconsin Court Tosses Lawsuit Against John Deere Over Mower Mishap

The Wisconsin Supreme Court says a father who accidentally severed the feet of his two-year-old son with a riding lawnmower cannot hold the manufacturer liable for the injury. In a 4-2 decision, the court ruled that bystanders, such as the …

Mercury General Corp. to Report Second Quarter Results on August 3

Los Angeles-based Mercury General Corp. on Aug. 3, 2009, will release results for its second quarter ended June 30, 2009. The company will host an investor conference call and Webcast that same day at 10 a.m. Pacific Time to review …

Kansas Insurance Dept. Distributing More than $9M to Firefighters

Kansas Insurance Commissioner Sandy Praeger is currently making the annual distribution of money to state and local firefighter relief organizations. More than $9.2 million will be distributed among 582 local Firefighters Relief Associations (FRAs) across the state. That is an …

Kansas City’s Ascension Acquires Atlanta’s Haas & Dodd Insurance

Missouri-based Ascension Insurance, Inc. has acquired Haas & Dodd Insurance, Inc. of Atlanta, Ga., effective July 1, 2009. Haas & Dodd agency specializes in property/ casualty insurance and employee benefits solutions for businesses and individuals. Haas & Dodd is Ascension’s …

Louisiana Agent Accused of Misappropriating Premiums

A Baker, La., insurance agent has been served with a cease and desist order, notice of license revocation and $1,500 fine notice for alleged misappropriation of premiums. Patikii Je Gibbs (a.k.a. Patikii Gibbs Powell), 55, allegedly misappropriated $1,837 in insurance …

Apex Global Partners Opens New Office in Oklahoma City

Dallas-based Apex Global Partners Inc. (AGP) has expanded its employee benefits operations by opening a new office in Oklahoma City. In conjunction with the expansion, AGP appointed Brad Williams as director of Oklahoma business development for the group’s Oklahoma Employee …

Insential Launches Home Value Warranty Program for Builders

Dallas, Texas-based Insential Inc. launched the first of its new consumer protection programs created to provide crisis protection for consumers and help rebuild consumer confidence. The new program — Home Value Warranty — is a warranty program for home builders …

First Senate Committee Approves Version of Health Care Reform

The Senate health committee Wednesday approved its version of legislation to overhaul the U.S. health industry, which is to be combined with a bill yet to be written in the Senate Finance Committee. The Democratic-controlled health panel’s bill, approved on …