Monthly Archives: <span>May 2013</span>

Insured Texas Tornadoes Damage Could Reach $250M

An industry group says insured damage from recent deadly tornadoes in North Texas could reach $250 million. Mark Hanna with the Insurance Council of Texas says the rough estimate could change as insurers continue to gather information from the May …

Officials Clarify Numbers on Oklahoma Tornado Damage

Authorities have clarified and significantly downgraded the number of homes damaged or destroyed in the May 20 tornado in an Oklahoma City suburb. Oklahoma City Police Department spokesman Dexter Nelson said on May 23 that the most recent count indicates …

Report: Texas Insurance Commissioner Stepping Down

Texas Insurance Commissioner Eleanor Kitzman says she’s steeping down as head of the state’s insurance regulatory agency. The Austin American Statesman reported that Kitzman told her staff the previous day she was leaving her post. The legislative session ended May …

CPro Associates Has a New Home

Texas-based insurance wholesaler CPro Associates announced that it has moved its offices. The new location is: 5501 LBJ Suite #240 Dallas TX 75240 CPro specializes in hard-to-place property accounts and exposures, and workers’ compensation. Source: CPro Associates

Oklahoma Commissioner: Insurance Policies to Remain in Place

Oklahoma Insurance Commissioner John D. Doak placed a moratorium on all insurance non-renewals, cancellations and terminations for affected areas in the wake of the tornado and severe storms that occurred in central Oklahoma May 19-20. The commissioner’s bulletin released requests …

XL Promotes Sinz to Regional Manager Cont. Europe – Distribution/Network

The XL Group announced that it has promoted Kadidja Sinz to the role of Regional Manager Continental Europe in the Insurance segment’s Distribution and Network function. She will also continue as Country Manager for France. In her new role Sinz …

CIA-Leavit Taps Rodriguez in Colorado

CIA-Leavitt Insurance Agency has hired Gabe Rodriguez in Denver, Colo. Rodriguez specializes in commercial insurance for contractors, including concrete, asphalt, dirt work and excavation, electrical, HVAC, plumbing, and roofing. He will also focus on car dealerships, health clubs, and manufacturing. …

Fearon Joins Miller for Prof. Indemnity, Tech and Cyber Risks

Nick Fearon has joined UK-based Miller Insurance Services as a senior producer and broker to develop a book of business that includes professional indemnity, technology and cyber risks. “Nick has strong, long-standing relationships in place with a number of North …

ANV Launches Transaction Risk Insurance (TRI)

ANV Holdings BV, a Dutch-headquartered specialty insurance business, announced the launch of a new line of business, Transaction Risk Insurance (TRI) coverage. ANV will initially focus on providing locally compliant products in local languages for different regions, in particular for …

New York Officials Urge Preparation for Hurricane Season

State officials are urging New York residents to prepare for hurricane season. The season starts June 1 and lasts through November. The National Oceanic and Atmospheric Administration said last week there is a 70 percent chance that this year will …