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IMA Financial Group Receives PAR Excellence Award

Denver-based The IMA Financial Group Inc., a diversified financial services company specializing in insurance, asset and risk management, has been awarded the 2009 PAR Excellence Award for the fifth year. Assurex Global, a worldwide network of insurance brokers, sponsors the …

American Collectors Insurance Enters Hawaii

American Collectors Insurance, a provider of specialty insurance for collector vehicles and collectibles, has expanded to its 50th state by offering collector-vehicle insurance coverage in Hawaii. American Collectors, which has provided collector-vehicle insurance since 1976, offers insurance for collector cars, …

Atlanta’s ‘Only Live Insurance Agent’ Having Fun

He bills himself as Atlanta’s “only live insurance agent” — and he brings insurance to life on his Atlanta Insurance Live video blog and Web site at atlantainsurancelive.com. Insurance entrepreneur Chris Jordan has been profiled by Inc. magazine in a …

Consultant: Social Media Can Drive Traffic to Agency’s ‘Home Base’

One of the primary reasons why insurance agents don’t jump into the world of social media — such as blogging, Facebook, Twitter, LinkedIn, YouTube, and the myriad other Web-based avenues for reaching out to the world at large — is …

Florida Governor, Regulator Want Check on Insurer Payments to Affiliates

Florida Gov. Charlie Crist said he would like to give the state insurance regulator authority to prevent excessive payments by home-based insurance companies to affiliated managing general agencies and other entities. “I’d like to be able to sign that,” Crist …

PIA National Names Russell Agent of the Year; Tahaney CSR of the Year

The National Association of Professional Insurance Agents (PIA) named Timothy G. Russell of Sandy Hook, Conn., as the 2010 Professional Agent of the Year and Jennifer A. Tahaney of The Seltzer Group in Schuylkill Haven, Pa., as the 2010 PIA …

Violent Storm Hits Perth with Power Cuts, Flood and Hail Damage

A major storm has caused widespread flooding, collapsed roofs and power cuts to 150,000 customers in the western Australian city of Perth. The Bureau of Meteorology said the Monday storm carried wind gusts of more than 75 miles per hour …

Texas Insurer Group Awards Scholarships to Huston-Tillotson Students

The Insurance Council of Texas (ICT) has honored three students participating in the insurance curriculum at Huston-Tillotson University in Austin with scholarships. The 2010 ICT scholarship recipients at Huston-Tillotson are Ashley Simpson, Brittany McMillan and Christopher Yuen. Each student was …

RMS to Collaborate with Asia Capital Re to Enhance Asian Cat Models

Risk Management Solutions announced that it has reached an agreement with Asia Capital Reinsurance Group (ACR) that they will work together to “develop catastrophe risk models enabling ACR to apply the models of particular relevance to the Asian market.” RMS …

A.M. Best Withdraws Ratings of Electric Lloyd’s of Texas

A.M. Best Co. has withdrawn the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Electric Lloyd’s of Texas (Electric Lloyd’s) (Dallas, Texas) and assigned an NR–5 (Not Formally Followed) to the FSR and …

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