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

New Orleans Post-Katrina Housing Stock Down 13%

A government survey says the New Orleans metropolitan area has lost nearly 13 percent of its housing stock since Hurricane Katrina. The survey results released Sept. 13 by the U.S. Department of Housing and Urban Development also found that the …

Illinois Oil Pipeline Leak Stopped; Cleanup Under Way

Crews have removed a 12-foot section of pipe at the site of an oil spill outside Chicago that led to a spike in regional gasoline prices, but it could take weeks to clean up the contamination, federal officials said. It’s …

Ex-New Orleans Airport Director, Wife Back Out of Plea Deal

The former director of aviation at New Orleans’ Louis Armstrong International Airport and his wife have backed out of a plea agreement to resolve charges they tried to profit from a bogus insurance claim after Hurricane Katrina. Sean Hunter and …

Former North Dakota Blue Cross Blue Shield CEO Found Dead

Mike Unhjem, a longtime Blue Cross Blue Shield of North Dakota chief executive who was fired last year because of publicity about an employee trip to the Grand Cayman Islands, was found dead at his Fargo home, police said Sept. …

Galveston Still Trying to Recover 2 Years After Ike

Hurricane Ike is long gone but hundreds of Galveston County residents are still waiting for funds earmarked for repair and reconstruction of homes damaged or destroyed by the disastrous storm. Sept. 13 was the second anniversary of the storm that …

MarketScout Wholesale Adds New Hires in Dallas and Austin Locations

Dallas-based MarketScout Wholesale (MSW) has added Kari Luttrell as vice president of operations and Frank Giarratano as a broker in its Dallas office. Paige Bryant also joined the company as underwriter in MSW’s Dallas office as well. MSW also establed …

Cornejo Joins IMA as Risk Management Account Manager

Wichita, Kan.-based independently owned retail insurance broker IMA Inc. announced that Jess Cornejo joined IMA’s Wichita office as a risk management account manager in the Risk Management Group of IMA’s Special Risk Division. Cornejo will work with IMA’s Risk Management …

Paschoal Named Marsh Brazil CEO

Marsh announced that Eugênio Paschoal has been appointed as the new CEO of Marsh Brazil effective January 1, 2011. He will be based in São Paulo, and will be responsible for driving Marsh Brazil’s operating model and ambitious expansion strategy. …

Liberty Mutual Plans $1.2B IPO for Agency Division

Liberty Mutual has filed paperwork with securities regulators detailing its plan to sell over 64 million shares of stock of its Agency Corp. division as part of an initial public stock offering (IPO) that could bring in up to $1.17 …

Kentucky Commissioner Named to National Board

The National Insurance Producer Registry (NIPR) has announced that Kentucky Insurance Commissioner Sharon P. Clark has been appointed as a National Association of Insurance Commissioners (NAIC) representative on the NIPR board of directors. “Commissioner Clark’s expertise and perspective are valuable …