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

$25M Lawsuit Filed over 2008 Virginia Shooting Rampage

A $25 million wrongful death lawsuit has been filed in connection with a 2008 shooting rampage in Virginia that left one man dead and two other people injured. The lawsuit was filed earlier this month in Wythe County Circuit Court …

Lundy Named VP at Maryland’s IWIF

Paulette Lundy has been promoted to vice president of Human Resources for Maryland’s Injured Worker Insurance Fund (IWIF), a workers’ compensation insurer. She previously served as director of human resources at IWIF. Prior to joining the organization in 2007, she …

Scalzo Named Branch Manager at Magna Carta

Michael Scalzo has been named Mid-Atlantic branch manager at New York-based insurer Magna Carta Cos. Scalzo succeeds Dennis Christensen who is retiring after 25 years with the Company. Magna Carta Companies operates through Public Service Mutual Insurance Co., Paramount Insurance …

Hartford Agrees to Reduce Texas Homeowners Rates, Pay Refunds

Under agreements between the Texas Office of Public Insurance Counsel (OPIC), the Texas Department of Insurance, and two subsidiaries of the Hartford Financial Services Group, Texas consumers that purchase homeowner insurance from the Property and Casualty Co. of Hartford or …

Gagliardi Joins Cline Wood Agency

Cline Wood Agency Inc., with headquarters in the Kansas City, Mo. area, has added Jack Gagliardi to its Transportation team as vice president and director of the Independent Contractor Division. In his new position at Cline Wood, Gagliardi is responsible …

Florida Family’s Corrigan Receives Insurance Council Honor

Peter Corrigan, president of Florida Family Insurance Co., was recently presented with the Florida Insurance Council’s 2010 Wade E. Holland, Jr. Distinguished Service Award during the trade association’s annual conference. The award is presented annually to an individual in recognition …

Crop Insurer NAU Sold to QBE

Lightyear Capital LLC, a New York-based private equity firm, has completed the sale of crop insurer The NAU Group to QBE Holdings, Inc. NAU is now a wholly-owned subsidiary of QBE. As consideration for the merger, QBE made a cash …

Johnson Named CEO of Applied Systems Client Network

Steven D. Johnson has been named CEO of the of the Applied Systems Client Network (ASCnet). Johnson is an association professional with deep experience working with entrepreneurial business owners to improve their firms’ profitability and success, said Parry Becker, vice …

Brown & Brown Acquires South Carolina’s Commonwealth Insurance

Insurance agency Brown & Brown Inc. has acquired Commonwealth Insurance Inc., of Charleston, South Carolina. Founded in 1996 by Todd R. Tyler, Commonwealth Insurance Group, with annual revenues of approximately $2.6 million, provides commercial property/casualty, group employee benefits, and workplace …

Premiums for New High Risk Pool to Average $400-$600 Per Month

President Barack Obama’s new health coverage for uninsured people with health problems won’t be cheap — monthly premiums as high as $900, administration officials said. Prices will vary by state and type of coverage from a low of $140 a …