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

Football World Cup Insurance Coverage Totals Nearly $9 Billion

As the quadrennial Football (Soccer) World Cup readies for a month long series of matches in South Africa, insurance coverage has kept pace with one of the world’s biggest sporting events. It’s “insured to the tune of an estimated £6.2 …

Networked Insurance Agents Promotes Three to Assistant VPs

Networked Insurance Agents of Grass Valley, Calif., has promoted three managers. Mike Carrington and Joann Webb were promoted to assistant vice presidents, commercial lines. In his new role, Carrington will be responsible for the account management renewal team and affiliate …

Bolton and Co. Names Elzouki To Lead OneSource Division

Bolton and Co. of Pasadena, Calif., has picked Joyce Elzouki to lead the newly created OneSource Division. OneSource was designed to provide a single solution for business and personal insurance, employee benefits and risk management support for small business owners. …

Infinity Insurance Selects Leads360 to Provide Lead Management for Independent Agents

Infinity Auto Insurance has announced the addition of Leads360 to its Infinity Perks Web site, where Infinity’s appointed independent agents will now have access to Leads360’s lead management software and expertise at a reduced price. Leads360 was selected as a …

After Child Fatality, Ohio Lawmakers Push for School Bus Seat Belts

State lawmakers say a school bus crash that killed an eastern Ohio kindergarten student has given new urgency to a proposal requiring seat belts on school buses. Six-year-old Kasey King of Frazeysburg died June 2 when a bus went off …

Dawson Cos. Adds Donnelly; Acquires Putnam Transporation

Dawson Cos. announced it has added Gregory C. Donnelly as a senior benefits consultant in Dawson Consulting Group LLC, the employee benefits division of Dawson Cos. in Ohio. Donnelly had been vice president, Sales and Customer Relations for CIGNA Healthcare, …

Recent Colorado Storm Caused Estimated $70M in Insured Damage

The first major Colorado hail and wind storm of 2010 carries an estimated insurance price tag of $70 million, according to the Rocky Mountain Insurance Information Association (RMIIA). Approximately 13,600 auto and homeowners insurance claims have been filed since baseball-sized …

Insurers: May Storms in Oklahoma Caused $1B in Damage

Industry representatives say insurance companies likely will pay out more than $1 billion for property damage sustained during a stormy month of May in Oklahoma. An estimate by ISO’s Property Claims Services unit, which tracks catastrophic insured losses, is that …

Gulf Spill Workers Complaining of Flulike Symptoms

For days now, Dr. Damon Dietrich has seen patients come through his emergency room at West Jefferson Medical Center with similar symptoms: respiratory problems, headaches and nausea. In the past week, 11 workers who have been out on the water …

P/C Trade Groups Join GNAIE in Opposing Unitary Accounting Standard

The Group of North American Insurance Enterprises (GNAIE), an association representing the Chief Financial Officers of major life insurance companies in Bermuda, Canada, and the United States, has joined with four other insurance industry trade associations based in North and …