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

Catlin Strengthens London Aviation Team

Catlin Group Limited has strengthened its already significant London aviation underwriting team with the addition of Richard Power and Mark Stanley. Power will join Catlin on August first as a senior underwriter and head of the airline underwriting team in …

Lloyd’s Warns Pandemics Continue to Pose a Threat to Companies

“The H1N1 ‘swine flu’ pandemic, which has sparked widespread fear and disruption across the globe, has shone a spotlight on a risk that many companies have disregarded in the past few years,” notes an article on the Lloyd’s of London …

Carroll Joins Griffin Underwriting Services in Washington

Griffin Underwriting Services of Bellevue, Wash., has added James D. Carroll as a property broker. In this new position, he will be responsible for property brokerage production and marketing as well as bringing depth and focus to the Brokerage Department …

Arrowhead General Insurance Agency Announces Armstrong as Chief Financial Officer and Executive Vice President

San Diego, CA, 07/09/2009 – ARROWHEAD General Insurance Agency’s, Inc. board of directors has named Mac Armstrong chief financial officer and executive vice president effective July 1, 2009. Most recently, Armstrong served as a principal of Spectrum Equity Investors, the …

California Commissioner Rejects Workers’ Comp Bureau Rate Increase

Citing testimony that self-insured employers have been able to reduce overall workers’ compensation costs, California Insurance Commissioner Steve Poizner has rejected the Workers’ Compensation Insurance Rating Bureau’s request for a pure premium rate increase of 23.7 percent. While the Department …

Focus Holdings Closes on Acquisition of Capacity Insurance in Florida

Focus Holdings, LLC in Sunrise, Florida, reports that it closed on its acquisition of Capacity Insurance Co. (CIC), a Florida domestic commercial lines insurer, effective July 1, 2009. Focus, better known by the name of its largest operating subsidiary, MacNeill …

Pay Consultants Face Ban on Providing Other Work for Same Firm

The Obama administration plans to detail as soon as this week new measures to clamp down on potential conflicts of interest between compensation consultants and corporate executives, sources familiar with the administration’s thinking told Reuters Wednesday. The administration is considering …

Louisiana Governor Vetoes Workers’ Comp Claim Filing Bill

Louisiana Gov. Bobby Jindal has vetoed a bill that would expand the time for filing a workers’ compensation claim from two to three years. Jindal issued the veto of the bill by Alexandria Rep. Chris Roy on July 6. Supporters …

Wisconsin Regulators Release List of June 2009 Administrative Actions

The Wisconsin Office of the Commissioner of Insurance has published a list of administrative actions for June 2009. The regulators noted that in many of these cases the respondent denied the allegations but consented to the action taken. Any fines …

Smith Joins William Gammon Insurance Agency in Austin

Gregory Smith has joined William Gammon Insurance Agency Inc. in Austin, Texas, as commercial lines manager. An Austin native, Smith comes to Gammon Insurance from Aon Risk Services in Charlotte, N.C., where he was account executive for complex, global risk …