Monthly Archives: <span>March 2011</span>

BP Puts Gulf Oil Disaster Cost at $19 Billion So Far

BP Plc has so far spent $19 billion on last year’s disastrous Gulf of Mexico oil spill and believes the uncertainty over the ultimate total has decreased, a company executive said Tuesday. BP, operator of the Macondo well, which ruptured …

The Buckner Co. Opens Idaho Falls Office

The Buckner Company Opens New Idaho Falls Office, Hosts Open House Utah-based The Buckner Co. has opened a new office in Idaho Falls, Idaho, and will host an open there from on Wednesday, April 6. The Idaho Falls office currently …

Flood Insurance Reformers to Hold Second Hearing

The House subcommittee preparing a flood insurance reform measure will have its second hearing on April 1 to hear testimony from Federal Emergency Management Agency (FEMA) Administrator Craig Fugate. Fugate was unable to be at the first hearing on March …

Capitol Insurance Companies Names Ogilvie Chief Operating Officer

Madison, Wis.-based Capitol Insurance Companies a national provider of specialty property casualty insurance and commercial surety products, has appointed Alan S. Ogilvie chief operating officer. Ogilvie joined Capitol in 2004 and was previously Capitol’s vice president, general counsel and secretary. …

Obama Signs Wash. Storm Disaster Declaration

President Obama has signed a federal disaster declaration, ordering federal aid to supplement state and local recovery efforts in seven Washington counties hit by severe winter weather Jan. 11-21. The storms brought flooding, landslides and mudslides. Federal money is available …

Insurance Journal Nominated for Four Publishing Awards

Insurance Journal magazine has been recognized for excellence in magazine publishing, receiving four nominations for Maggie Awards including for best publication and best iPad edition. Known as the “Oscars” of the magazine industry, the Maggie Awards are presented by the …

K&K Hires New Staff for K-12 Student Accident Program

K&K Insurance, a division of Aon Underwriting Managers and a managing general underwriter offering insurance products and services to the sports, leisure and entertainment industries, has hired two new underwriters to work with the the K-12 Student Accident Medical Program. …

EEHall, NIADA to Offer P&C Program to Independent Auto Dealers

The National Independent Automobile Dealers Association (NIADA) has partnered with Edward E. Hall and Company (EEHall) to offer a nationwide property and casualty insurance program to independent auto dealers. The NIADA Independent Auto Dealer Insurance Program will offer a full …

Whipps Named President of IMA’s Kansas City Office

IMA Inc., a retail insurance brokerage, announced that Michael Whipps has joined as president of the company’s Kansas City, Kan., office. IMA of Kansas City is part of the IMA Financial Group Inc., a financial services company specializing in insurance, …

Calif. Workers’ Comp Institute Elects Directors

William Mudge, president and CEO of CompWest Insurance Co., has been elected chairman of the board of directors of the California Workers’ Compensation Institute for 2011 at the Institute’s annual meeting in San Francisco. Tom Rowe, president of the State …