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

AAIS Names Esmond Senior Director of Customer Engagement

The American Association of Insurance Services (AAIS) has appointed Truman Esmond, of Denver, Col., to the newly-created position of senior director of customer engagement. AAIS, based in Wheaton, Ill., is a national insurance advisory organization that develops policy forms and …

Hastings Mutual Names Bremer as CIO, Gregor as VP – Insurance Operations

Hastings, Mich.-based Hastings Mutual Insurance Co., a regional property/casualty insurance carrier serving six Midwest states welcomes Timothy Bremer as vice president, chief information officer and Bill Gregor as vice president of insurance operations. Bremer started at Hastings Mutual in mid-October …

Big Bill for Levee Upkeep Comes to New Orleans

In the busy and under-staffed offices of New Orleans’ flood-control leaders, there’s an uneasy feeling about what lies ahead. By the time the next hurricane season starts in June of 2013, the city will take control of much of a …

SEC Charges Oil CEO in Insider Trading With Colorado Insurance Exec

The Securities and Exchange Commission on Wednesday announced charges against the former CEO of a Denver, Colo.-based oil-and-gas company at the center of an insider trading scheme involving a Colorado insurance executive that the SEC began prosecuting last month. According …

Georgia AG Warns Auto Buyers: Beware of Sandy-Damaged Vehicles

Georgia’s Attorney General Sam Olens issued a consumer alert notice last week, warning consumers who are in the market for used cars to beware of flood-damaged vehicles in the wake of Superstorm Sandy. Attorney General Olens said many previously-flooded vehicles …

Texas Green Industry Safety Group Dividends now Exceed $3M

Dallas-based Hotchkiss Insurance Programs LLC announced a $273,731 dividend to the Texas Green Industry Workers’ Compensation Safety Group (TGI), bringing total dividends paid to the group to $3,246,032. The group’s total premium volume and loss ratio are factors in determining …

Selective Insurance: $100-$120M Preliminary Pre-Tax Gross Loss for Sandy

Branchville, N.J.-based Selective Insurance Group today said a preliminary pre-tax gross Hurricane Sandy loss would be between $100 to $120 million and a pre-tax net loss of around $52 million, including reinstatement premiums and reinsurance recoveries. About two-thirds of the …

Ohio Insurance Institute Launches Insurance Careers Website

The Ohio Insurance Institute (OII) announced it has launched www.InsuranceCareers.org, a new website dedicated to providing information on the variety of career opportunities within the insurance industry. The OII, a property/casualty insurance trade association, said its primary goal is to …

IPISC Launches IP Litigation Coverage for Cyber/Media-Based Tech Companies

Louisville, Ky. headquartered Intellectual Property Insurance Services Corporation (IPISC) has launched IP Defense Indemnification Insurance for cyber/media-based technology companies. The cyber/media-based industry utilizes technologies that pose a significant intellectual property (IP) litigation risk. The industry as a whole is particularly …

Audit: Louisiana Restaurant Inspections Don’t Ensure Food Safety

Louisiana’s regulators of food safety fail to ensure restaurants and other retail food establishments are complying with health standards and allow violators of safety requirements to continue operations, according to a new audit released Nov. 26. The Office of Public …