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

Infinity Promotes Two

Alabama-based insurer Infinity Property and Casualty Corp. has promoted two execs. Ralph Gravelle has been promoted to senior vice president and chief information officer. Gravelle began his career with Infinity in 1986 as an entry-level programmer. Over the past 25 …

Washington Bill Would Shift $10M from Insurance Division

The Washington Legislature has approved a bill that would shift $10 million from the state’s Office of Insurance Commissioner Regulatory Account to the State General Fund — a move that insurers oppose. Legislators decided in Senate Bill 6444 to shift …

Oregon Producer License Application Processing Delayed

Oregon’s Insurance Division announced there will be a delay in processing producer license applications due to a delay in resident fingerprint processing. “We have been notified that the FBI will not be processing non-criminal fingerprints from April 28, 2010 through …

Dressler Appointed Director of Utah’s Industrial Accidents Division

Utah’s Labor Commission has appointed Ron Dressler director of the agency’s Industrial Accidents Division. The division monitors and administers Utah’s workers’ compensation program and makes sure businesses comply with requirements to provide workers’ compensation insurance. It also helps injured workers …

Increase in Falsified Insurance Applications Tied to Economy

One of the many consequences of a tight insurance market during tough economic times is that potential insureds may have difficulty obtaining coverage if they have bad loss records or conditions that may indicate greater than normal risk. Over the …

Chartis Introduces Crisis Management Tool: CrisisResponseXS

Chartis has introduced CrisisResponseXS, a coverage that allows companies to act swiftly to mitigate losses and prevent reputational damage in the event of a crisis management event. Developed by Chartis’ Cat Excess Liability Division, CrisisResponseXS is provided to clients whenever …

Court Says Stockholders Can Vote on Fairfax-Zenith Insurance Merger

Zenith National Insurance Corp. announced today that the Delaware Court of Chancery, ruling from the bench after hearing arguments from plaintiffs who had filed actions in both Delaware and California, has denied the preliminary injunction that was filed to attempt …

Ganis Consulting Joins Astonish Results’ Insurance Marketing Team

Astonish Results has added Ganis Consulting to its insurance marketing and Web services team. Ganis Consulting is an insurance agency consultancy and business brokerage that helps agencies across the country with agency operations analysis, consulting, buyer/seller representation and valuations. Since …

EPIC Acquires Jeffrey Stephens Insurance Services

EPIC (Edgewood Partners Insurance Center) announced it has acquired Jeffrey Stephens Insurance Services (JSIS), a retail insurance brokerage based in San Rafael, Calif. JSIS was established in 1993 by founder and principal Jeff Stephens after spending the first 10 years …

Zenith Affected by Declining Premium, Lower Investment Income

Zenith National Insurance Corp. based in Woodland Hils, Calif., has reported a net loss for the first quarter 2010 of $0.8 million, or $0.02 per share, compared to net income for the first quarter 2009 of $2.6 million, or $0.07 …