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

Missouri County Denied Compensation for Flood Damage

A southeast Missouri county has been told it won’t be getting any money for damage caused by the activation of the Birds Point-New Madrid Floodway last year. The Southeast Missourian reports Mississippi County’s clerk gave county commissioners a letter with …

Guyll Named Vice President at Conover

Dave Guyll,vice president in the employee benefits division of Conover Insurance, was recently selected to the Roll of Agents & Brokers Technical Advisory Committee for the Health Care Exchange Board in Washington. Gat Conover Guyll is a producer of new …

Island Names Tanigawa Advertising and Media Director

Island Insurance Company Ltd. named Alison Tanigawa advertising and media director. In this newly created position, Tanigawa will be responsible for managing the company’s advertising and media activities. Tanigawa has nearly 15 years of advertising and marketing experience. Prior to …

Poms Adds Managing Director and Senior Account Manager

Walnut Creek, Calif.-based Poms & Associates Insurance Brokers Inc. named Emil McCulloch managing director and Karen Williamson-Gracey senior account manager in its Northern California office. McCulloch will lead Poms & Associate’s growth strategy in Northern California and oversee the hiring …

Obama Administration Says Federal Health Exchanges on Track for 2014

The Obama administration on Friday said it is on track to set up federal health insurance exchanges by 2014 in U.S. states that fail to establish their own regulated insurance markets as required by the U.S. healthcare reform law. The …

Violent Storms Kill 2, Leave Thousands Without Power in Mid-Atlantic, Midwest

Violent thunderstorms barreled through the Ohio Valley and mid-Atlantic regions of the eastern United States late on Thursday, killing two people and cutting power to more than 130,000 homes and businesses in New York, Ohio and Pennsylvania. The storms spawned …

Mass. AG to Seek Fines Against Utility for Outages After Storms

National Grid could be facing more than $16 million in fines connected to its response to two major power outages last year. Attorney General Martha Coakley announced Thursday that her office is recommending penalties against the utility for its inadequate …

Chubb Profit Slightly Down; U.S. Commercial Renewal Rate Hike 9% in Q2

The Chubb Corp. reported $404 million profit for its second quarter, declining 3.6 percent from $419 million reported a year earlier. The results were hampered by weaker investment results and significant catastrophe losses, though smaller compared to the cat losses …

TWFG Offering New Branch Agent Opportunities

The Woodlands, Texas-based independent insurance agency, TWFG, announced it is offering a new branch agent program. With a commission split of 80/20 for “TWFG Full Service” branches, the company is targeting captive insurance agents. TWFG President and CEO Gordy Bunch …

Growth Through Acquisitions Highlight Quarter for 2 CAA Member Agencies

Combined Agents of America LLC (CAA) announced that two member agencies — Duncan, Fraser & Bridges Insurance Agency Inc. (DFB) and Pinnacle Insurance Group Inc. — have grown through recent acquisitions totaling approximately $11.7 million in written premium. Partners of …