Monthly Archives: <span>March 2012</span>

Berger, Hoboth Promoted at Great American Insurance Group

Great American Insurance Group, based in Cincinnati, Ohio, recently promoted Sarah Berger and Stephanie Hoboth. Berger is now divisional vice president of Great American’s alternative markets division; Hoboth was promoted to divisional vice president of its fidelity and crime division. …

Great American Launches FleetFusion Program for Motor Carriers

Great American Insurance Group’s Trucking Division has launched its FleetFusion program to help motor carriers manage an independent contractor division. The program consists of three different offerings meant to improve driver safety, offer roadside assistance and help enhance the carrier’s …

A.M. Best: Outlook Negative for Missouri Valley Mutual Insurance Co.

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Missouri Valley Mutual Insurance Co. (MVM) in Burke, S.D. The revised outlook for …

Veteran Agents Form Atlanta Brokerage Targeting Real Estate, Construction

Two veteran insurance agents have joined forces to create a new Atlanta-based brokerage operation focused on insurance, benefits and surety products for the construction and real estate industries. Parker Hix and Martin H. Jones have named their new firm PentaRisk …

Fatal Fire Spurs City Smoke Detector Program in Indiana

In Terre Haute, Ind.’s Highland Lawn Cemetery, at the base of a quiet hill next to a pair of peaceful ponds, a gracefully sweeping grave marker indicates where a young mother and daughter are buried together, both victims of the …

Lafayette, Louisiana, Officials: Flood Cost More Than $2M

The bill for debris cleanup and repairs of damaged roads and water systems from recent flooding is expected to climb above $2 million in Lafayette Parish, La., officials said. The Advocate reports that’s in addition to the yet-to-be-tallied repair costs …

Ex-Sheriff Candidate Booked for Insurance Fraud in Louisiana

State police say a former candidate for St. Helena Parish, La., sheriff has been booked on counts of insurance fraud and felony theft. Trooper Nick Manale tells The Advocate 36-year-old Frederick Bell of Kentwood is accused of falsely claiming three …

Ratings Agencies Respond to The Hartford’s Plan to Exit Life Insurance

In response to Hartford Financial Services Group Inc.’s planned exit from some of its life insurance business, Standard & Poor’s Rating Services said it is downgrading the subsidiaries previously aggregated under Hartford Life, and assigning individual ratings and outlooks to …

Cargo Theft Reporting Improves, Says Insurers’ CargoNet

Reporting of cargo theft in the United states has improved thanks to data sharing by insurers, the transportation industry and law enforcement, according to an insurance industry tracking service. CargoNet, which was formed by Verisk Analytics and the National Insurance …

Cisco Enables Employers to Secure Employees’ Personal Mobile Devices

Cisco Systems is expanding its services to enable companies to manage and secure private mobile devices used by employees at work, aiming to benefit from the trend widely known as BYOD or Bring Your Own Device. While corporate IT departments …