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Combined Agents Names Top 4 Insurance Company Partners

Austin, Texas-based Combined Agents of America LLC (CAA) reports that Central Insurance Companies, Texas Mutual Insurance Company, Travelers Insurance and The Hartford have been named the 2009 “Top Four Company Partners” at its recent quarterly board meeting. Additionally, CAA announced …

Indonesia’s Next Big Quake Due under Mentawais Islands

A massive undersea earthquake is long overdue beneath the Mentawai islands in Indonesia and could trigger another deadly tsunami, say scientists mapping one of the world’s most quake-prone zones. Unlike the 2004 Indian Ocean tsunami, which killed around 226,000 people, …

Report: Oklahoma Has Biggest Deficit Among States

Oklahoma has the unwanted distinction of having the largest revenue shortfall of any state, according to a new report. That reality is illustrated by the state’s revenue collections, which are down by more than 25 percent from a year ago. …

S&P Revises Outlook on Credit Insurer Coface to Negative

Standard & Poor’s Ratings Services said today that it has revised its outlook on the core operating entities of French credit insurance group Coface to negative from stable. The core entities are: — France-based Coface S.A., — Germany-based Coface Kreditversicherung …

Texas Lags on Stimulus Fund Spending for Home Weatherization

Texas has gotten millions of federal dollars from the economic-stimulus package to help poor residents cut their energy bills, but as of last month, only seven homes had been weather-treated, according to a newspaper report. The Dallas Morning News reported …

Florida Judge Approves Liquidation of First Warranty

A Circuit Court judge in Florida’s Leon County has ordered the warranty company, Intercontinental Marine Service Corp., which does business as First Warranty Group of Florida, into liquidation. The company, with approximately 10,000 in-force policies in Florida and other states, …

Ball Joins North Carolina’s Trisure Agency

Ryan W. Ball has joined North Carolina insurance agency TriSure as an account executive in the firm’s property/casualty insurance division. In his new capacity at TriSure, Ball will focus on risk management and loss control for new commercial clients. Ball …

Marsh & McLennan Agency Buys New Jersey’s NIA Group

Marsh & McLennan Agency has acquired The NIA Group, one of the largest independent insurance agencies in the Northeast. Terms of the deal were not released. Paramus, New Jersey-based NIA, founded in 1926, has annual revenue of $62 million, 400 …

Henle Named South Texas State Executive Director for Farmers Insurance

Farmers Insurance Group of Companies has named John Henle as South Texas state executive director. Henle replaces Larry Pratt who has been promoted to vice president – Sales in the company’s Los Angeles headquarters. Henle began his career with Farmers …

Insurance Agents Move to Beat of Rock ‘n Roll Marketing

How Adam DeGraide, a rock ‘n roll bass player and band promoter who founded Astonish Results, plans to transport independent insurance agents into marketing cyberspace with his own digital elixir. Will agents drink the Kool-Aid? We come on down on …

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