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

Kansas Insurance Commissioner Urges Health Care Law Plans

The state of Kansas needs to decide soon what services it will provide in a health insurance exchange required by the federal health care law, even if the future of the exchanges hinges on the outcome of the presidential election, …

Private Insurers in Line to Take 150,000 Policies from Florida’s Citizens

Four Florida-based property insurers have been given the green light to remove up to 150,000 policies from the state-backed Citizens Property Insurance Corp., which would contribute to the greatest shift of policies to the private market since 2008. Citizens has …

W. R. Berkley Names President of Facultative Resources in Connecticut

W. R. Berkley Corp. has appointed Joseph Sullivan as president of Facultative Resources Inc. He is based in Stamford, Connecticut. Facultative Resources is a broker market casualty, professional liability and property facultative underwriting manager for its affiliate, Berkley Insurance Company, …

Specialty Risk Associates Announces New Hires and Promotions

Louisiana-based Specialty Risk Associates Inc. has made two promotions within its Shreveport office. Kelly Babin assumed the position of controller. Babin, a Certified Public Accountant, joined Specialty Risk in 2010 as assistant controller. Tiffany Cole was promoted to commercial lines …

New Underwriting Agency Assure Space to Cover Satellite Risks

Assure Space, LLC, a new space insurance agency for satellite risks, has partnered with Auster Capital Partners (ACP) and Space Florida for the provision of launch and in-orbit insurance to satellite operators worldwide. Assure Space has agreements with participating insurers …

The Hartford Names SVP for Commercial Markets Sales and Distribution

The Hartford Financial Services Group has named Matthew Kirk senior vice president of sales and distribution for the company’s commercial markets division. He is based in Hartford, Conn.Kirk joined The Hartford in 2006, most recently serving as senior vice president …

Isaac Seepage Closes New Orleans Museum of Art

The New Orleans Museum of Art says it is closed because water from soil saturated by Hurricane Isaac is seeping into the basement, administrative offices and other areas. Seepage into the basement of the century-old building was a major hurdle …

As Storm Season Shifts Into High Gear, Homeowners Urged to Be Prepared

As hurricane season shifts into high gear, the Maryland Insurance Administration is reminding consumers that September is Disaster Preparedness Month. Maryland regulators are advising homeowners to check what their insurance policy covers if the property is damaged. After Hurricane Irene …

North Dakota Farmers Want Changes in Crop Insurance Rules

Some upper Midwest farmers who thought they caught a break when the federal government eased crop insurance rules for land hit by prolonged flooding are finding it isn’t as easy to cash in as they first thought. Members of North …

Leavitt Recreation & Hospitality Launches Archery Club, Range Insurance Program

Leavitt Recreation & Hospitality Insurance (LRHI) has launched a new program designed specifically for archery clubs and ranges. The program offers general liability, property, equipment, commercial auto, worker’s compensation, and umbrella policies. As part of this new program, LRHI has …