News

Morman Joins Hylant Group as Vice President of Carrier Relations

Terry Morman has joined Ohio-based insurance brokerage Hylant Group as vice president of Carrier Relations. In this role he will be responsible for developing and managing strategic relationships with carrier partners and wholesalers for all of Hylant Group’s locations. He …

Charges Against Arrested Kentucky Mayor Include Insurance Fraud

The mayor of Mount Vernon, Kentucy was arrested after a grand jury indicted her on charges of abuse of public trust, bribery of a public servant, insurance fraud and official misconduct. Clarice Kirby has been under investigation by state police …

Agent Agrees to Plead Guilty in Nude Videotaping Case

ESPN reporter Erin Andrews and the man accused of secretly making nude videos of her will come face-to-face next week in a Los Angeles courtroom when the Illinois insurance executive enters an expected guilty plea. “This entire process has been …

UN Reports Natural Disasters at Decade Low in 2009

The world this year suffered the fewest number of natural disasters in a decade, but floods, droughts and other extreme weather continued to account for most of the deaths and economic losses, according to a United Nations report released on …

California’s Insurance Executive Bannister Dies

Wesley Mastin Bannister, 73,of Huntington Beach, Calif., has died. Bannister competitively ran for California Insurance Commissioner in 1990, 1994 and again in 2002. From 1986 to 1990, he served on the City Council and Mayor of Huntington Beach. He started …

U.N. Copenhagen Climate Change Talks to Resume after African Protest

African nations agreed to resume U.N. climate talks in Copenhagen on Monday after a half-day suspension, accusing rich countries of trying to kill the existing Kyoto Protocol. “We’re going back,” Pa Ousman Jarju from the delegation of Gambia, told Reuters …

FSA, Lloyd’s Approve Montpelier Re’s Paladin Agency as Coverholder

Bermuda-based Montpelier Re Holdings Ltd. announced the formation of a new UK Managing General Agent, Paladin Underwriting Agency Limited, a wholly-owned subsidiary of the Montpelier Group. The new MGA has received authorization from the UK’s Financial Services Authority (FSA) and …

Poizner Fronts Governor Campaign $15 Million

California State Insurance Commissioner Steve Poizner will give his campaign for the governor’s office $15 million of his own money, according to news reports. Poizner, a former high-tech company executive, previously gave his campaign $4 million. Polls released last month …

Union General Insurance Offers Apartments Coverage

Concord, Calif.-based Union General Insurance Services has made available to California agents, an “A+” rated carrier offering both monoline and package coverage for apartments. Multiple lines of coverage can be provided such as: general liability, property, inland marine and crime …

Southern California Storms End Undramatically

Despite concerns late last week that rains might produce severe mudslides in the areas in Los Angeles County denuded by the Angeles National Forest wildfire, the rains apparently have tapered with little damage caused. Over the weekend, 44 residents in …

News Archives by Month