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

9 killed, 10 Missing as Typhoon Conson Lashes Philippines

The first typhoon to lash the Philippines this year killed at least nine people and left 11 others missing Wednesday after flooding streets in the capital and toppling power lines. Typhoon Conson slammed into northeast Quezon province with winds of …

Insurance Department: Iowa Dram Shop Rule Creating Confusion

The Iowa Department of Insurance reports that insurance companies and insurance producers may be in violation of an administrative rule issued by the Iowa Alcoholic Beverages Division (IABD) in relation to dram shop insurance. Iowa Administrative Code rule 185-5.8 outlines …

Nearly $10M Being Distributed to Kansas Firefighters Relief Associations

Kansas Insurance Commissioner Sandy Praeger is currently making the annual distribution of funds to state and local firefighter relief organizations. More than $9.7 million will be distributed among 580 local Firefighters Relief Associations (FRAs) across the state. That is $500,000 …

Alabama Insurance Regulator Rejects Offer to Run Louisiana Citizens

An Alabama insurance regulator has turned aside an offer to become head of Louisiana’s property insurer of last resort. The Louisiana Department of Insurance says Charles Angell has decided to stay in Alabama. He had been recommended by Insurance Commissioner …

McPartland Joining Sentry Insurance as President, COO

Sentry Insurance Mutual Co. in Stevens Point, Wis., announced that Peter G. McPartland is joining Sentry in August as president and chief operating officer. McPartland is a seasoned insurance executive with more than 30 years’ experience in the industry, including …

Barney & Barney Adds 13 Sales Associates in California

Barney & Barney LLC, a San Diego-based insurance brokerages, has added 13 new sales associates throughout its three branches in San Diego, Orange County and the Bay Area. The new hires, who are recent college graduates, include: Sarah Bedford, Robert …

BB&T Insurance Services of California Names DeMore Senior VP

BB&T Insurance Services of California Inc. announced it has named Michael DeMore senior vice president and employee benefits manager of the Irvine, Calif., operation. DeMore has more than 30 years of experience in the employee benefits arena and has a …

SCF Arizona’s Smith Honored as Chamber’s ‘Transformational Leader’

The Arizona Chamber of Commerce and Industry has recognized SCF Arizona President and CEO Don Smith for his vision for positive change in public policy by awarding him its Transformational Leader Award for 2010. Under Smith’s 10-year leadership, the 85-year-old …

The Hanover Expands Western Surety Business With ICW Group Agreement

Worcester, Mass.-based The Hanover Insurance Group Inc. has closed on an agreement with ICW Group that is designed to enhance The Hanover’s surety capabilities in the West, including Arizona, California, Colorado, Oregon, Texas and Washington. Through the arrangement, The Hanover …

Hanover Estimates $85 Million Catastrophe Loss for Q2

Worcester, Mass.-based The Hanover estimated its pre-tax losses resulting from catastrophe events in the second quarter of 2010 to be approximately $85 million. The majority of the losses were associated with six significant events, including two severe hail and wind …