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

Clements Names Chopra as Finance VP

Washington, D.C.-based specialty insurer Clements International has named Tarun Chopra as vice president of finance. Chopra has 17 years of experience in finance, accounting, strategy and mergers and acquisitions leadership with companies — including Fannie Mae, Whirlpool Corp. and Ernst …

A Stronger Property Insurance Market in Louisiana Post-Katrina

Despite the devastation from Hurricane Katrina in 2005, Louisiana Insurance Commissioner Jim Donelon says the state’s insurance market is stronger now and that the “outlook for continued market recovery is positive.” Donelon credited several key factors for the market’s recovery, …

ProAssurance to Acquire American Physicians Service Group

ProAssurance Corp., headquartered in Birmingham, Ala., and Austin, Texas-based American Physicians Service Group Inc. (APS) announced that ProAssurance plans to acquire all the outstanding shares of APS in an all-cash transaction for $32.50 per share. The transaction is expected to …

Judge: Pennsylvania School District Must Pay $260K in Spying Case

A federal judge says a suburban Philadelphia school district embroiled in a laptop spying scandal must pay a family’s lawyer about $260,000. Lower Merion School District was ordered Monday to pay attorney Mark Haltzman for work done in a civil …

Preparing for an Insurance Adjuster an Important Step in Recovery

Showing your home’s storm damage to an insurance adjuster should be a feeling of relief rather than high anxiety. An adjuster arriving at your residence means you are that much closer to having your home repaired and your life returned …

Poll: Connecticut Seat Belt Use Nearly 90 Percent

A new highway and traffic survey says nearly 90 percent of Connecticut motorists are using their seat beats, a statistic Gov. M. Jodi Rell says is an all-time high for the state. Rell announced Sunday that a National Highway Traffic …

Markel Promotes Latham and Girard

Markel Corp. announced that it has promoted John Latham to president, wholesale division, and Steve Girard has been promoted to executive vice president, southeast regional operations. Latham will continue to oversee Markel’s regional offices located in Virginia, Texas, Arizona, California, …

NFL Star’s Hair Insured by Lloyd’s for $1 Million

The long, flowing black hair that tumbles out of NFL star Troy Polamalu’s helmet and down his back has been insured for $1 million by Head and Shoulders, the shampoo brand that is endorsed by the Pittsburgh Steelers player. The …

The Woodlands Financial Group Adds 3 New Texas Locations

The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency specializing in property/casualty and life/health insurance, and financial planning, has opened three new branch locations in Texas. Darrell Barfield and Tom Sowell have opened a new branch location …

U.S. P/C Reinsurers’ Premiums Decrease $12.8B in First Half of 2010

A group of 19 U.S.-based property/casualty reinsurers wrote $12.3 billion of net premiums during the six-months ended June 30, 2010, a decrease from the $12.8 billion net premiums written in the first six months of 2009. According to a survey …