Monthly Archives: <span>January 2010</span>

Oklahoma Governor Bans State Workers from Texting While Driving

Oklahoma Gov. Brad Henry signed an executive order banning state employees from texting while driving on state business. State Sen. Debbe Leftwich applauds the move but wants to take it a little further by prohibiting teens from texting while behind …

Travelers Sees Record Profits

The Travelers Cos. saw its fourth-quarter profits climb 60 percent, driven largely by investment gains. The insurer posted record net income for the quarter of $1.285 billion and full year net income of $3.622 billion. It marked the best quarter …

Florida’s Citizens to Re-Bid Part of Contract for Property Reinspections

Florida’s state-backed property insurer will seek competitive bids on part of a contract to reinspect as many as 400,000 properties that have been awarded $700 million in mitigation discounts off their insurance premiums. Citizens Property Insurance Corp. said it would …

Homes Evacuated in San Antonio as Retaining Walls Give Way

A soil shift in northwest San Antonio led to the evacuation of dozens of homes over fears that two retaining walls could collapse near widening gaps. Engineers are trying to try to determine why the soil is giving way, leaving …

The W Group Merges with Cincinnati’s Hylant Group

Cincinnati-based insurance brokerage, Hylant Group, and the W Group, a privately owned firm offering employee benefit services, announced they have merged. The combined organizations will form one of the largest employee benefit firms in the Greater Cincinnati area. The W …

Torus Appoints Guesde to Lead European Casualty

Torus has appointed Thomas Guesde as Senior Vice President of its new European Casualty platform. His appointment follows Torus’ launch of its operations in Continental European in September 2009. Guesde reports to David Perez, president and chief underwriting officer of …

Ironshore Names Fitzmaurice in Southeast Region, Koller in California

Specialty insurer Ironshore Inc. has appointed Scott Fitzmaurice as regional executive for the Southeast and John Koller as branch executive in San Francisco, California. The appointments expand Ironshore’s U.S field operations. Fitzmaurice will report to Steve England, executive vice president, …

Tennessee Court Says Insurer Not Liable for Damages in Sheriff Shooting

A Tennessee appellate court has ruled a county liability insurer doesn’t have to pay $5 million in damages won by the widow of a slain sheriff’s deputy in a wrongful death lawsuit over his shooting death. The ruling by the …

MEMIC Group Promotes Siegfried

Maine-based insurer The MEMIC Group has promoted Karl Siegfried to assistant vice president, Loss Control and Safety Services. Siegfried continues to oversee all of The MEMIC Group’s loss control operations, including its safety training and customer service efforts. He joined …

Spitale Insurance Agency Joins SAN Group

Spitale Insurance Agency of Baltic, Connecticut has joined the Satellite Agency Network Group Inc. (SAN Group) Agency Prinicipal Erin Spitale said she joined the SAN Group as a way “to remain an independent agency while representing the buyer in multiple …