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Despite Soft Market, Texas Agencies Manage to Grow

They’re all different — one’s big city; one’s suburban; one’s country; one’s small-to-medium size town. They operate in different parts of the state and have different mixes of business, but these Texas-based independent insurance agencies have one thing in common: …

GOP Nominates Villines for Insurance Commissioner

Assemblyman Mike Villines says the California Department of Insurance needs a good manager, not a politician looking at the post as a stepping stone to higher office. Villines will face Democratic Assemblyman Dave Jones in the November general election after …

New Specialty Insurance and Weather Brokerage Launched in Minnesota

Milltown Insurance Group, a new specialty insurance and weather brokerage in Lakeville, Minn., recently was opened for business by Dana D’Arrigo. The firm specializes in niche property and casualty program business and provides solutions for smoothing revenues, locking in profits …

Navigators Syndicate 1221 Co-Locates with Lloyd’s in Brazil

The New York-based Navigators Group announced that its wholly-owned syndicate, Navigators Syndicate 1221 at Lloyd’s of London, is co-locating with Lloyd’s in Rio de Janeiro by appointing a local representative. Lloyd’s has Admitted Reinsurer status in Brazil and had its …

Analysis: Perfect Storm Brewing for Louisiana Economy

In the blink of an eye, the economic focus in Louisiana has shifted from recession recovery to avoiding actual and potential job losses piling up at a staggering rate. And there’s very little that the state can do: The tally …

Kelly Steps Down as ABI Director General

The Association of British Insurers has confirmed that Kerrie Kelly is stepping down from her role as Director General to return to Australia for personal reasons. Maggie Craig, Director of Life and Savings at the ABI, will serve as acting-Director …

Brown & Brown Q2 Profit Up 1.3%

Florida-based insurance agency Brown & Brown Inc. reported that it earned net income for the 2010 second quarter $41,185,000, an increase of 1.3% from the $40,668,000, for the 2009 second quarter. Total revenue for the quarter ended June 30, 2010 …

NHC Tracking Potential Tropical Storm

The National Hurricane Center in Miami is currently tracking a “vigorous tropical wave located over Puerto Rico and the Virgin Islands.” So far the disturbance has produced only “widespread cloudiness and thunderstorms across the northern Leeward Islands, the Virgin Islands, …

Louisiana Insurance Commissioner: Legislative Session Successful

Louisiana Commissioner of Insurance Jim Donelon reports that the recent state legislative session was successful for insurance bills, as far as the Louisiana Department of Insurance is concerned. A large number of bills in the LDI’s package of proposed measures …

Canada Trade Minister Urges Action on Big Doha Issues

WTO member states must find answers to bilateral squabbles if they want to achieve any global breakthrough in free trade talks, Canada’s trade minister said Friday. In an interview with Reuters, Peter Van Loan said he would not point fingers …

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