Arizona News

Moore and Johnson Join Dallas Office of Swett & Crawford

The Dallas office of Swett & Crawford has added Eric Johnson and Ryan Moore to its team of insurance professionals. Johnson joins as an underwriter with Swett & Crawford’s Dallas contract unit. He has 21 years of experience in the …

Colorado Workers’ Compensation Insurer Pinnacol Defends Agent Perks

Colorado’s dominant workers compensation insurer last week defended its spending on travel and entertainment for its agents, telling Colorado lawmakers it’s good for morale and helps lower costs in the long run. Pinnacol Assurance’s expenses have included $143,930 for a …

Gainsco Reports Income Increase in Q2 2009 Results

Dallas-based Gainsco Inc. announced net income for the second quarter 2009 increased to $1.6 million, compared with a second quarter 2008 net income of $1 million. Net income for the six months ended June 30, 2009 was $3.7 million. This …

Fireman’s Fund Launches Green Auto Upgrade Coverage

Fireman’s Fund Insurance Company introduced a hybrid upgrade auto insurance product that enables car owners to “go green.” In addition, new vehicle replacement coverage is available — insuring the full replacement cost of vehicles that are total losses for up …

UMB Acquires St. Louis-based Chapman-Sander Insurance

UMB Financial Corporation affiliate UMB Scout Insurance Services Inc. is acquiring Chapman-Sander, an independently-owned insurance agency in St. Louis, Mo., in an all-cash deal, UMB announced. Details of the transaction are not disclosed. The agency will operate as an office …

States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers

Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly even rapists. They got their producer licenses in states …

People

Teresa Miller was appointed administrator of Oregon’s Department of Consumer and Business Services Insurance Division. Miller joined the Insurance Division in July 2008 and has been serving as acting administrator since November. An Oregon native, Miller has a strong background …

Why Bankruptcy Rates Vary By State

State Policies, More Than Differences Among People, Tend to Influence Bankruptcy Rates Twenty-four percent of agents and brokers have had business customers go into bankruptcy in the past two years; another 24 percent have had customers file for personal bankruptcy, …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Vacant Property Market Detail: American Management Corp. offers property protection to owners of residential and …

Top 100 Privately-Held Property/Casualty Agencies

Top 100 Privately-Held Property/Casualty Agencies Ranked by Total 2008 P/C Premium Written 2008 Rank Agency Name, Main Office 2008 P/C Premium Written 2007 P/C Premium % Premium Change 2008 Other than P/C Premium 2008 P/C Revenue 2008 Rank by Revenue …