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

Illinois Gov. Signs Bill Creating Tax Credit for Small Businesses

Illinois Governor Pat Quinn has signed a bill into law that that is expected to boost Illinois’ economy by creating up to 20,000 jobs over the next year at small businesses across the state. Senate Bill 1578 creates the Illinois …

Wyoming Hiring Workplace Fatality Epidemiologist

Wyoming, which has the worst fatality workplace in the nation, is hiring a full-time epidemiologist, a position that could replace a state task force that has been studying the issue, officials said. Gov. Dave Freudenthal formed the Wyoming Worker Fatality …

Oklahoma Gov. Signs Legislation on Distracted Driving

Oklahoma Gov. Brad Henry has signed into law a piece of legislation that will allow law enforcement to cite drivers who drive dangerously while using their cell phone, but prohibit them from initiating a traffic stop simply because a driver …

ACE Tempest Re Names Roberts Managing Director for International

Bermuda-based ACE Tempest Re Group has appointed Steve Roberts as managing director of its international business, which includes operations in London, Zurich, Sao Paulo and Shanghai. Roberts is currently the deputy managing director of the region. He will remain based …

Allstate Seeking to Appoint 130 Agents in Texas in 2010

Allstate Insurance Company appointed 122 exclusive agents in Texas in 2009 and is seeking to appoint another 130 agents in the state in 2010. “We see a significant opportunity in the current economy to attract mid-career, mid-level managers to own …

Securities Lawsuits Drop as Global Credit Crisis Eases: Advisen

After dominating securities litigation for three years, new securities lawsuit filings related to the global credit crisis all but disappeared in the first quarter of 2010. According to Advisen Ltd’s latest quarterly report on securities litigation, overall new securities lawsuit …

Correction: Iowa Insurance Bill and Notice of Renewal, Cancellation

Editor’s note: The following corrects a previous story posted on Insurance Journal regarding insurer notice of rate hikes in an omnibus insurance bill signed recently by Iowa Gov. Chet Culver. The original story has been taken offline. Insurance companies in …

Prostar Insurance Agency Opens Office in Washington

Prostar Insurance Agency, of Bellevue, Wash., has opened a new office in Gig Harbor, Wash., a few miles south of its main branch. The company also has appointed Frank Rodriguez as the newest agent to join Prostar, bringing his expertise …

Mercury General to Report Q1 Results on May 3

Los Angeles-based Mercury General Corp. will release the results for its first quarter ended March 31, 2010 on May 3. The company will host an investor conference call and Web cast that same day at 10 a.m. PST to review …

AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global

The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is based. The deal, for which no outside …