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

Employers Holdings Reports Q3 Income of $10M

Reno, Nev.-based Employers Holdings Inc. has reported third quarter 2010 net income of $10.1 million compared with $30.6 million in the third quarter of 2009, a decrease of $20.5 million or $0.42 per diluted share. Net income for the nine …

Federal Role in Catastrophe Insurance Would Increase Earthquake Coverage

A proposal for the federal government to support state-run catastrophe-insurance programs would increase the number of people buying earthquake coverage in California and modestly lower both uninsured losses and government assistance following a major quake, a new study has found. …

McNeese State Grad Student Receives LWCC’s Cavanaugh Scholarship

Laura Marie Duos of Lake Charles, La., has been selected as the 2010 recipient of the Stephen W. Cavanaugh Scholarship, established by Louisiana Workers’ Compensation Corporation (LWCC). Duos is a graduate student at McNeese State University, pursuing an MBA. LWCC …

Insurance Agent Elected to Arkansas Lt. Governor Post

Republican Mark Darr has beaten Democrat Shane Broadway for Arkansas lieutenant governor. Darr, from Rogers, Ark., clinched the victory in the close race in his first ever attempt at elected office. Darr is an insurance agent for Wealthbridge Financial Services …

EQECAT Names Keogh President

Catastrophe risk modeling firm EQECAT Inc. has announced that Bill Keogh has been named president of the Oakland, Calif.-based organization. He previously served as senior vice president of strategic initiatives. He succeeds Rick Clinton, who will continue in a consulting …

New York Man’s Faked Store Fall Caught on Tape

Authorities say a central New York convenience store’s surveillance cameras caught a man purposely pouring soda on the floor and then faking a fall so he could file an insurance claim against the business. State Insurance Department officials said that …

Rowe Named Insurance Chief at Korn/Ferry

Recruiting firm Korn/Ferry International has named Tom Rowe senior client partner and head of its North American insurance practice. Rowe, who will be based in New York, joins from Heidrick & Struggles, where he specialized in the insurance industry, with …

GOP Adds Governorships in Midwest

Midwestern states were among those that added to Republican gains in governor’s offices across the country on Nov. 2. Iowa, Kansas, Michigan, Ohio and Wisconsin are among the states that voted to replace Democrats in their governors’ offices with Republican …

New Jersey Ex-Assemblyman Gets 5 Years for Child Pornography

The former chairman of the New Jersey Assembly’s insurance committee has been sentenced to five years in prison for distributing child pornography. Former Assemblyman Neil M. Cohen, of Paramus, has also been barred from any public employment or elected office, …

TS Tomas on Track to Strike Haiti, Jamaica; May Gain Strength

The most recent bulletin from the National Hurricane Center, posted at 11:00 a.m. EDT, puts Tropical Storm Tomas about 125 miles, 205 kms south-southeast of Kingston, Jamaica, and about 295 miles, 475 kms west-southwest of Port au Prince, Haiti. Maximum …