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

Willis Appoints Two New Regional Managers to UK Broker Network

Willis Group Holdings has appointed two new Regional Managing Directors for Willis Networks, the global insurance broker’s alliance with local, independent brokers in the UK. Mike Rush will be responsible for Willis Networks in Scotland, Northern England and Northern Ireland, …

Zurich Report Urges Truck Fleets to Reduce Crashes with ‘Telematics’

A report from Zurich Financial Services Group concludes that trucking companies “could use new technological developments to reduce the costs of crashes in their motor fleets by up to 30 percent.” The report – Insights: Telematics and Fleet Risk Management …

Death Toll from Indonesian Volcano Eruption Passes 240

Mount Merapi, Indonesia’s most volatile volcano, unleashed another cloud of searing gas as rescuers pulled more bodies from a village smothered a week ago by eruptions. The death toll from a series of blasts passed 240 on Sunday. Saturday’s blast …

EPIC RRG Names Billingham CEO

The Board of Governors of Emergency Physicians Insurance Company (EPIC), a California-based medical professional liability insurance provider, has elected Graham Billingham president and CEO. Billingham is a 25-year veteran emergency physician and has been with EPIC for six years. He …

Broker Wins Appeal Against CRC Insurance Services

The California Court of Appeal, Second Appellate District, has reversed a lower court’s $4.2 million judgment against former CRC Insurance Services broker Constance Callan. According to court documents in Constance Callan v. CRC Insurance Services Inc., Tom Curtin, et. al., …

Arizona Senate Adds Banking/Insurance Committee

The Arizona Senate will add three more committees under a postelection reorganization by majority Republicans. Senate President-designee Russell Pearce announced appointments for chairmanships of 15 committees, up from 12 currently. The new committees include one for Banking and Insurance. Another …

Insurance Mergers Complicated by Economy, Low Valuations, Hidden Risks

With organic growth difficult in the current economy and soft market, there could be an increase in insurance industry merger and acquisition activity over the next 12 to 18 months, according to mergers and acquisitions experts. But the experts at …

Outgoing Oklahoma AG: No Quick Resolution to Poultry Pollution Case

If Oklahoma’s new attorney general or governor decide to drop a lawsuit accusing poultry companies of pollution, the outgoing attorney general predicts the case will be picked up by other interested parties. Outgoing Attorney General Drew Edmondson says he’s confident …

Iowa Joins States Barring Activities of Former U.S. Fidelis Owners

Attorney General Tom Miller and ten other state attorneys general, have obtained judgments against the owners of a former Missouri company, barring them from ever again selling auto service contracts or engaging in telemarketing in Iowa and the other states. …

Hallmark Financial Reports Rise in Revenues, Drop in Earnings

Fort Worth, Texas-based Hallmark Financial Services Inc. has reported third quarter 2010 net earnings of $1.0 million compared to $4.2 million reported for the third quarter of 2009. Year to date, Hallmark reported net earnings of $6.9 million, compared to …