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

Liberty Mutual, CAMICO Insurance Program Targets Larger CPA Firms

CAMICO Mutual Insurance Co.y, a CPA-owned professional liability insurer, and Liberty International Underwriters (LIU), a division of Liberty Mutual Group, have forged a new program for CPA firms nationally. The new program is designed to expand CAMICO’s capacity for coverage …

Analysis: U.S. Small Business Funding Dry, Getting Drier

U.S. small businesses, already facing the toughest credit conditions since the 1980s, may soon find things are about to get tougher. Concerns over the future of CIT Corp. — a major lender to small businesses — which provides capital in …

RHSB’s Farris Named a ‘Top 25 Changemaker’ in Dallas Metroplex

Karen Farris, CEO of Dallas-based insurance broker Roach Howard Smith & Barton (RHSB), has been recognized by the Dallas Business Journal as one of the Top 25 Changemakers in the DFW Metroplex. She also was recently awarded the Kim Dawson …

Associated Agencies Promotes Herz

Rolling Meadows, Ill.-based Associated Agencies Inc. has promoted Joshua B. Herz, of Chicago to senior vice president. As Associated Agencies’ senior vice president, Herz will continue to maintain his client base, and will actively mentor new salespeople within the company. …

Michigan Democrats Target Insurers Over Bad Faith Claims Denials

Democrats in the Michigan House are pushing a dozen bills they say are needed to protect consumers from unfair claims practices by insurance companies. But insurers maintain the measures are unnecessary and will do more harm than good. The House …

Tread Carefully with Biosynth Technology, Warns Lloyd’s Report

A new report from Lloyd’s warns that, although “synthetic biology has been hailed as a potential solution to looming global threats,” it requires careful handling. “Governments and interest groups should work together to support the responsible development of this exciting, …

Cooper Joins Marsh UK Real Estate Practice

Marsh announced the appointment of Judith Cooper as a Client Executive in its UK Real Estate Practice. She will help drive Marsh’s new business development in the commercial property and real estate sector and manage key client accounts. Cooper joins …

WTO Chief Sees Trade War Risks from ‘Protectionist’ Economic Barriers

The global economic downturn is far from over, and few countries have dismantled the dangerous protectionist barriers they imposed in response to it, World Trade Organization Director-General Pascal Lamy said on Monday. In remarks to the WTO’s 153 members, Lamy …

Best Affirms Lloyd’s ‘A’ Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s of London and Lloyd’s Reinsurance Company (China) Limited (LRCCL). Best also affirmed the ICR of “a” on the …

Missouri Joins Interstate Insurance Product Regulation Compact

Missouri Governor Jay Nixon has signed HB 577 to have Missouri become the 36th member of the Interstate Insurance Product Regulation Compact (IIPRC). With the addition of Missouri, the current compacting states in the Commission represent close to 60 percent …