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The Property Casualty Insurers Association of America hired Benjamin J. McKay III as senior vice president of federal government relations in its Washington, D.C., office. Previously, McKay served as chief of staff for U.S. Rep. Katherine Harris, R-Fla. McKay also …

Nickerson Named SVP for Liberty Mutual Agency Markets

Matthew D. Nickerson has been appointed senior vice president, and manager, Personal Lines for Liberty Mutual Agency Markets, a business unit of Liberty Mutual Group that distributes products and services primarily through independent agents and brokers. In this leadership role, …

Transportation Risk Management Adds Lord to National Sales Department

John D. Lord has joined Transport Risk Management Inc. in the National Sales and Production Department based in Conifer, Colo. He is a 14-year veteran in the insurance business, having spent 10 years in the aviation insurance brokerage field and …

Banks’ Total Insurance Revenue Dipped; Brokerage Income Rose in ’06

The nation’s bank holding companies (BHCs) experienced a slight decline of 1.3 percent in their total insurance revenue from $44.1 billion in 2005 to $43.5 billion in 2006. Citigroup, Inc. (N.Y.), Wells Fargo & Company (Calif.), Countrywide Financial (Calif.), HSBC …

Colo. Senators Vote Down Bill Requiring Medical Payments Coverage

The The Colorado Senate Appropriations Committee voted to indefinitely postpone a bill that insurance associations say would have forced drivers to pay for mandated medical payments coverage. Senate Bill 193, sponsored by Sen. Lois Tochtrop, D-Thornton, would have required an …

My New Markets

Logging and Lumbering Nuts & Bolts: O’Donovan & Associates’ Timber Harvester Program is designed to provide customized coverage for the contractor who harvests and hauls timber and related products. Mechanized and manual cutting operations are both included. Related timber dealers …

My New Markets

BOP, Beauty, Nail Salons Nuts & Bolts: Bass Underwriters has a new admitted program for BOPs targeting a varied selection of risks. The program will entertain such businesses as beauty and nail salons, clothing stores, convenience stores, electronic and video …

My New Markets

Skating Rinks, Roller and Ice Venues Nuts & Bolts: American Insurance Alliance is offering Roller and Ice Skating venues that are traditionally difficult to insure general liability coverage. American Insurance Alliance’s only business is skating venues with 18 continuous years …

Oil drilling risks rise with novice crews

Boom-and-bust cycles can spell trouble for industry and insurers As the oil industry cycles into a drilling boom, the shortage of experienced workers raises safety issues that smart companies are working hard to address. Oil production has always been a …

Hurricane Forecaster Says Gore Does ‘Great Disservice’ with Film

A top hurricane forecaster on April 6 called Al Gore “a gross alarmist” for making an Oscar-winning documentary about global warming. “He’s one of these guys that preaches the end of the world type of things. I think he’s doing …