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Agents Honor Texas House Speaker with Leadership Award

The Independent Insurance Agents of Texas (IIAT) on Feb. 2 presented its 2010 Independent Leadership Award to Joe Straus III, speaker of the Texas House of Representatives. Speaker Straus was elected to the House of Representatives in 2005 and served …

Lockton Adds Corkan in Southeast

Insurance broker Lockton Southeast recently added Veronica Corkan to its team of benefits experts as vice president and unit manager in Atlanta. She joins Lockton after having served as a senior health and welfare consultant at Towers Perrin. Corkan has …

North Carolina Assisted Living Center Owners Avoid $1.2 Million Liability

The owners of a North Carolina assisted living home have declared bankruptcy and could escape responsibility for what a judge called a pattern of neglect by under-trained and understaffed employees. Superior Court Judge James Ammons ruled in 2006 that negligence …

Connecticut Governor Proposes Stricter Cell Phone Laws for Drivers

Connecticut Gov. M. Jodi Rell has announced she will propose stronger enforcement of the state’s 2005 law barring hand-held cell phones while driving. In a statement Saturday, Rell said she will submit legislation expanding the law to cover texting and …

Hawaii Could Tap Hurricane Fund to Fund School Education

Hawaii is closer to tapping its Hurricane Relief Fund to help balance the state budget and resolve teacher furloughs, as a legislative committee advanced a bill that would appropriate $50 million from the fund. Senate Bill 2124, which is now …

Connecticut’s Webster Financial Says It Was Victim of Embezzlement Scheme

Waterbury, Connecticut-based Webster Financial Corp. said it was the target of an elaborate embezzlement scheme at a subcontractor that provides bulk cash processing on behalf of one of its major vendors. The company said that the subcontractor had made partial …

OneBeacon Selling Personal Lines Business to Tower Group

Massachusetts-based OneBeacon Insurance Group has agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance exchanges in New York and New Jersey. The agreement calls for New …

Tannock Named XL Insurance President

XL Insurance, the global insurance operations of XL Capital, announced the appointment of Patrick Tannock as President of XL Insurance (Bermuda) Ltd (XLIB) and Country Manager, effective as of February 22, 2010. XL’s bulletin noted that Tannock has more than …

Bithell Named Farmers Insurance VP and Chief Underwriting Officer

Los Angeles-based Farmers Insurance Group of Companies has appointed Susan Bithell vice president and chief underwriting officer. In her new role, Bithell will oversee the continued alignment of the company’s underwriting strategy, processes and methodology across a number of business …

Walsom Joins Miller’s Board as Non-executive Director

Roger Walsom has been appointed non-executive director of the UK’s Miller Insurance Investments Limited and Miller Insurance Services Limited. He replaces Ronald Gould, who stood down last September to take up the role of chief executive of Chi-X Asia/Pacific. Walsom …

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