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

Drawert to Retire From Republic Group; Lawson, Cabra Named VPs

Regional property/casualty insurance company, The Republic Group, based in Dallas, announced that Jim Drawert, vice president – Industry Relations, will retire on June 30. Prior to joining Republic in 2003, Drawert was president of Trinity Universal and chairman and CEO …

Great American Insurance Group Promotes Weber, Kohl

Great American Insurance Group, based in Cincinnati, Ohio, has promoted Timothy C. “Tim” Weber and Jeffery D. “Jeff” Kohl. Weber, was named divisional president of Great American’s Crop Division, succeeding Ron Brichler, who will continue in his role of senior …

MarshBerry Forms Dallas Division; Adds Baker as Senior VP

Marsh, Berry & Co. Inc. (MarshBerry), a national management consulting and merger and acquisition advisory firm for the insurance industry, announced the addition of Bill Baker as senior vice president of the company’s newly formed Dallas division. Baker comes to …

Baldwin Named Assistant Vice President for PCI

The Property Casualty Insurers Association of America has hired Kristina Baldwin as assistant vice president, state government relations. She will assume responsibility for state government relations activities in New York and Connecticut. Prior to re-joining PCI, Baldwin most recently served …

SEC Charges Goldman Sachs with Civil Fraud

Goldman Sachs Group Inc. was charged with fraud Friday by the U.S. Securities and Exchange Commission in the structuring and marketing of a debt product tied to subprime mortgages. The SEC alleged that Goldman structured and marketed a synthetic collateralized …

Calif. Workers’ Comp Rates Inadequate, Report Suggests

The Workers’ Compensation Insurance Rating Bureau of California is reporting that gross written premium for calendar year 2009 is approximatley $8.9 billion, about 17 percent below the written premium reported for 2008, and 62 percent the calendar year 2004 total. …

QBE Acquires NAU Country Insurance

QBE Americas has agreed to acquire NAU Country Insurance Co., a writer of crop insurance business based in Ramsey, Minn. Completion is expected in July 2010, subject to regulatory approvals. The acquisition supports QBE’s commitment to growing the business through …

ProMutual Group Hires Judson, Promotes McKenna

Boston-based professional liability insurer ProMutual Group has hired Daniel R. Judson as compliance manager and promoted Diane McKenna to director of physician education. Judson will engage with the copmpany’s business units to ensure the company’s policies and procedures are understood …

Massey Officials Meeting with West Virginia Miners’ Families on Benefits

Massey Energy Co. said its officials are meeting with families of the 29 miners killed the April 5 blast at its Upper Big Branch mine to describe the benefits the firm will provide them and denied it was trying to …

Maine Company Seeks Workers’ Comp Board Receiver

One of Maine’s largest employers is asking Superior Court to appoint a receiver for the state Workers’ Compensation Board, saying it has failed to adopt a legally required medical fee schedule and that its chairman is in conflict due to …