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

Premier Insurance to Offer Hospital Coverage Sponsored by Allied World

Premier Insurance Management Services Inc. (PIMS) has been endorsed by Allied World Assurance Co. and its affiliates (Allied World) for primary hospital professional liability coverage offering risk management and hospital medical malpractice protection to not-for-profit hospital members of the Premier …

Whamond Named COO of HCC Insurance; Irick Promoted to CFO

Houston-based HCC Insurance Holdings Inc., announced that effective Aug. 10, 2010, W. Tobin Whamond, executive vice president and chief financial officer of HCC, will become chief operating officer, and Brad T. Irick, who was hired on May 10 as an …

Schiappa Joins Maclean, Oddy & Associates

Excess and surplus lines broker Maclean, Oddy & Associates Inc. (MOA) has appointed Sharon Schiappa as vice president and producer. Schiappa is based in Houston. Schiappa brings more than 25 years of marine and energy insurance experience to MOA, working …

Hail Loss Claims Up 61%; Suspicious Claims Up 136%

The number of hail loss claims filed with insurers increased by 61 percent, from 256,000 in 2006 to over 413,000 in 2009. At the same time, the number of claims referred for suspected fraud increased by 136 percent, from 301 …

Chubb Establishes New Syndicate at Lloyd’s

Chubb Insurance Company of Europe SE has received approval from the Lloyd’s Franchise Board to establish a new Syndicate which will be named Chubb 1882. The new Syndicate will commence underwriting on June 14 for business incepting from July 1, …

Report: Insurance Industry Spent $17 Million to Influence Calif. Election

Analysis released today by Campaign for Consumer Rights shows that insurers have spent more than $17 million dollars on candidates and initiatives to quietly influence the outcome of California’s June 2010 election. The consumer group noted that voters are unlikely …

Brakke-Schafnitz Insurance Brokers’ Brakke Retires

Signature Insurance Group of Laguna Niguel, Calif., announced that Jim Brakke co-founder of Brakke-Schafnitz Insurance Brokers Inc., is retiring after 40 years of service. Brakke stated, “I am looking forward to retirement and spending time with family and pursuing other …

Hogan Insurance Services Adds Spann to Staff

Hogan Insurance Services announced that Zach Spann has joined the firm. Spann has spent the past 11 years at a west Los Angeles firm concentrating his expertise in the property/casualty, workers’ compensation and executive risk exposures. He has managed a …

M.J. Hall & Co. Opens Fresno Office

M.J. Hall and Co. Inc. has opened an office in Fresno, California. This addition of the office will better serve pre-existing producers in Fresno as well as grow M.J. Hall’s production in the excess and surplus lines market in central …

Ironshore Canada Enters Financial, Professional Lines Market

Ironshore Canada has entered into the financial and professional lines market, naming Dane Hambrook, vice president, to head the division. Ironshore Canada’s Financial and Professional Lines division will provide liability coverages for directors & officers, errors & omissions, employment practices, …