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

Wood Elected President of the Independent Insurance Agents of Texas

The Independent Insurance Agents of Texas (IIAT) elected David Wood, vice president and partner at Bogan, Dunlap & Wood Insurance in Odessa, to serve as the association’s president for 2010-2011. Other newly elected officers are: President-Elect Bob Shepard with Shepard …

Kansas, Nebraska Gain Jobs in May

Kansas businesses gained 11,300 jobs in May, a 0.8 percent increase, building on gains made in April. Nebraska also saw job gains in May 2010 and a decrease of 0.1 percent in its unemployment rate, bringing the rate to 4.9 …

Florida Approves MedMal Direct for Sale of Malpractice Insurance

Jacksonville-based MedMal Direct Insurance Co. has officially launched operations as a medical malpractice insurance company in Florida. The company, which sells insurance directly to physicians community without the use of insurance agents or brokers, said it received its certificate of …

Ratings Roundup: TT Club Mutual, Nat. Life/General (Oman)

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of the Bermuda-based Through Transport Mutual Insurance Association Limited (TTB) and its subsidiary, the UK-based TT Club Mutual Insurance Limited (TTI), …

Lawmakers Say Insurance Reform Veto Will Cost Oklahoma Agencies

Republican lawmakers in Oklahoma say a gubernatorial veto will keep numerous agencies, including some of the state’s largest, from saving millions in health care costs. Legislation that supporters say would have streamlined state and education employee health insurance in an …

Louisiana Legislature: No Malpractice Coverage for Elective Abortions

Doctors shouldn’t be covered under medical malpractice laws when they are providing elective abortions, the Louisiana Legislature has decided. The Senate gave final passage with a 31-2 vote to the bill by Rep. Robert Johnson, D-Marksville. It would prohibit health …

11 East Coast States Hold BP Responsible for Oil Disaster Claims

Eleven East Coast states have told BP they will hold it responsible for any losses caused by its still-growing oil spill in the Gulf, Connecticut’s attorney general said Monday. “Even without oil actually reaching the Connecticut shoreline, this massive oil …

CNA Opens New Branch in Washington, D.C.

CNA has opened a new branch office in Washington, D.C., a move aimed at extending the insurer’s geographic footprint and bringing it closer to its agents, brokers and customers. George Agyen, Mid-Atlantic Zone officer, will head the Washington, D.C. branch. …

Romano Joins Integro in New Jersey

New York-based brokerage and risk management firm Integro appointed Jennifer Romano as managing principal, based in New Jersey. She will manage complex placements and risk consulting services for healthcare clients throughout New Jersey and the Tri-state area under the leadership …

Massachusetts Mulch Company Fire Causes $1M in Damage

Firefighters battled a blaze at a Massachusetts mulch company that spread to heavy construction equipment and caused over $1 million in damage. Peabody Fire Chief Steven Pasdon says the fire at the J.D. Raymond Company started shortly after 4 p.m. …