August 5, 2008
Louis A. Williams & Associates, one of the oldest active managing general agencies in Texas, promoted Chris A. Burke to president of the firm effective July 29, 2008. He succeeds his father, Billy R. Burke in this role. Chris Burke …
July 25, 2008
Joseph F. Morris has been named president and CEO of James River Insurance Co.and its affiliate James River Management Co, Inc., effective August 25. Morris has 28 years of insurance industry experience and most recently served as president and CEO …
July 23, 2008
Insurance agents and brokers in New York have called upon state officials to ease the rules for how agents obtain coverage for some high-risk policies. The Excess Line Association of New York has proposed adding dozens of new policy-types – …
July 21, 2008
As federal investigators converged on a Houston oil refinery July 19 where a crane collapse killed four and injured seven others, the company that owns the 30-story-tall crane released the names of the dead workers. The four men killed in …
July 18, 2008
United America Indemnity Ltd. (UAI), based in the Cayman Islands, appointed Scott Reynolds as president of United National Group, one of UAI’s three U.S. divisions. The appointment is effective July 28, 2008. Reynolds will report directly to Larry A. Frakes, …
July 16, 2008
Lana Parks says her managing general agency, The Parks Group, bought a new computer system after a fellow member of the Texas Surplus Lines Association shared with her their experience and knowledge of the system. That’s one of the benefits …
July 14, 2008
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a+” of Lloyd’s of London and Lloyd’s Reinsurance Co. (China) Limited. A.M. Best said it believes that underwriting discipline at Lloyd’s is likely …
July 8, 2008
New York Insurance Superintendent Eric Dinallo said Monday a revival of the defunct New York Insurance Exchange could happen as early as next year. Dinallo, in a telephone interview from New York, said the next 18 months was a “realistic …
July 8, 2008
TAPCO Underwriters, Inc., a Burlington, North Carolina-based excess and surplus lines managing general agency, is now offering its products and proprietary quoting and binding process to retail agents in Delaware and New Jersey. TAPCO says its “instant” service model with …
July 7, 2008
Allied American Underwriters (AAU), a national program manager headquartered in Tampa, Fla., has introduced a high value homeowners program that is available on a national basis. The program’s values start at $300,000. Exposures can include primary and secondary homes, celebrity …