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

Sierra Specialty Names Silberstein Broker in Hawaii

Sierra Specialty of Clovis, Calif., has added Jean Silberstein as a broker to expand the company’s presence in Hawaii. Silberstein moved to Hawaii in 1978 and worked in the insurance wholesale business before spending 14 years with a retail agency …

Insurance Journal Magazine Unveils Android Phone Application

Insurance Journal, the leading news source for the property/casualty insurance industry, has launched a new Android phone application, that allows readers to view news and multimedia content published on the magazine’s Web site. The free Android phone application is the …

National Premium Finance Association Names Mangia President

Angelo Mangia, president and CEO of Long Island, N.Y.-based Standard Funding, has been elected president of the National Premium Finance Association at its annual meeting in Charlotte, N.C., on Nov. 10. The National Premium Finance Association represents the nation’s largest …

Zimmerman Joins Brown & Brown

Insurance broker Brown & Brown has named Paul J. Zimmerman as director of acquisitions. Zimmerman is a 40-year industry veteran who most recently worked with Travelers, joins Brown & Brown’s acquisitions team immediately. He will work to identify acquisition opportunities …

Writing letters that get read

I have been helping producers for one of my clients create letter, and e-mail campaigns to announce new products, and services. This process uncovered some significant issues with writing skills I want to cover. In my opinion, letter writing is …

Health Insurers Win Some Breaks with Medical Loss Ratio Rule

New U.S. health insurance spending rules aimed at ensuring more customer dollars go toward medical care were finalized on Monday, ending a source of uncertainty for investors in the sector. Although the limits are mandated in the new healthcare law, …

Health Insurance Brokers May Ask Congress to Protect Commissions

As insurance brokers feared, the Obama Administration has not exempted broker commissions from the formula for the medical loss ratio that health insurers must adhere to beginning in 2011. Brokers say they may ask Congress to intervene if the medical …

Calif. Court Rules Federal Proceedings Equivalent to CGL-Covered Lawsuit

The California Supreme Court has ruled that the term “suit” in a comprehensive general liability policy includes federal administrative adjudicative proceedings before an administrative law judge of the U.S. Interior Board of Contract Appeals. In Ameron International Corp. v. Insurance …

Wyoming Insurers That Provide Fraud Tips Shielded From Lawsuits

Wyoming’s Joint Corporations, Elections and Political Subdivisions Interim Committee has endorsed a draft fraud bill that would protect insurers from civil liability for furnishing information relating to insurance fraud and unfair trade practices to law enforcement agencies. According to the …

Ohio Workers’ Comp Administrator Ryan Resigns

Ohio Bureau of Workers’ Compensation Administrator Marsha Ryan has resigned, effective Jan. 9, 2011. Ryan was appointed by Governor Ted Strickland and has served as BWC’s administrator since May 2007. Governor-Elect John Kasich is expected to name her replacement when …