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

HDI-Gerling Hires Appleton as UK, Ireland Liability Head

Industrial Insurance Company HDI-Gerling announced the appointment of Mark Appleton to the position of liability underwriting director for the UK and Ireland. He joins HDI-Gerling from RSA where he was European casualty director. Previously he held senior positions at Chubb …

Marsh Launches Index-Based Insurance Option for Earthquake, Windstorm Risks

Marsh now offers an option for organizations with significant earthquake and/or windstorm exposures that are unable to purchase enough insurance to adequately protect their assets. The new program is called Country Weighted Industry Loss (CWIL). Originally developed in 2010 by …

Revival of Illinois Workers’ Comp Bill a Tale of Persuasion

Everyone on the Illinois House floor was watching the vote climb. 56…57… In the waning hours of the legislative session, lawmakers were considering a huge overhaul of the state’s unwieldy workers’ compensation system. It had failed two days earlier, but …

WKF&C PRO Adds New Assisted Living Facilities Program

WKF&C PRO has added a new assisted living facilities program. The new program is available on non-admitted paper in all states except Alaska and certain counties in Fla., (Miami-Dade, Broward, Duval, Hillsborough, Manatee, Palm Beach, Pinellas and Orange Counties.). The …

Nevada Joins Insurance Product Regulation Compact

Nevada Gov. Brian Sandoval has signed AB23 enacting the Interstate Insurance Product Regulation Commission (IIPRC). With the addition of Nevada, the IIPRC now has 39 states that have joined the compact, representing more than two-thirds of the nationwide asset-based insurance …

Disastrous Spring Costing Missouri Billions of Dollars

A month packed with tornadoes and flooding has caused billions of dollars of damage in Missouri, and the economic effects may be felt for years. Experts say insurance premiums are likely to increase for home and vehicle owners in Missouri. …

MJ Insurance Named a 2011 ‘Top Workplace’ in Indiana

Indianapolis, Ind.-based MJ Insurance, one of the largest privately-held insurance agencies in the United States, has been named one of Indiana’s Top Workplaces for 2011. The Top Workplaces honor, sponsored by The Indianapolis Star, recognizes leading workplaces in Central Indiana …

William Gammon Insurance, Higginbotham & Associates Join Forces

Texas-based independent insurance agencies William Gammon Insurance and Higginbotham & Associates have merged. The combined company has more than 500 professionals providing insurance, risk management and employee benefit solutions to clients throughout Texas, the companies’ announcement said. William Gammon Insurance, …

Ott Named President, CEO of Texas Medical Liability Trust

Austin, Texas-based Texas Medical Liability Trust (TMLT) announced that Charles R. (Chip) Ott Jr. will assume leadership of TMLT as president and chief executive officer beginning in late July. He will replace current President and CEO Bob R. Fields, who …

Top 5 Economic Changes by Consumers That Affect Their Car Insurance

From changing jobs to moving to a different house to downsizing vehicles, Americans have made decisions during the recent economic downturn that impact unexpected areas of their life – like car insurance. In fact, in the past year 53 percent …