Georgia News

PURE Expands High Value Home Coverage into Rhode Island

PURE Risk Management LLC is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer property/casualty insurance coverage on high value homes in Rhode Island. PURE will also offer automobile, jewelry, art, personal liability and watercraft insurance …

ACE Makes Appointments to New Global Client Executive Practice

The ACE Group has announced its initial executive appointments to its newly-created Global Client Executive team. Those assigned to the team will “work collaboratively with clients and distribution partners in major markets around the world to respond to their needs …

People

Insurance broker Lockton Southeast recently added Veronica Corkan to its team of benefits experts as vice president and unit manager in Atlanta. She joins Lockton after having served as a senior health and welfare consultant at Towers Perrin. Corkan has …

Georgia Republican’s Bill Would Curb Insurance Execs’ Political Contributions

A Republican lawmaker who is running for governor in Georgia has introduced legislation to ban executives of insurance companies from contributing to a political campaign for the office of state insurance commissioner or to any campaign conducted by an incumbent …

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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …

Georgia Truckers Support Cargo Theft Investigation Unit

Georgia Governor Sonny Perdue has commended a state trucking association for donating to the state unit charged with investigating cargo theft. The Georgia Motor Trucking Association has donated $16,000 to the Georgia Bureau of Investigation’s Major Theft Unit. The MTU …

Georgia Bill Would Restrict Insurance Executives’ Political Giving

A Republican state lawmaker who is running for governor in Georgia has introduced legislation to ban executives of insurance companies from contributing to a political campaign for the office of state insurance commissioner or to any campaign conducted by an …

A.M. Best B+ (Good) Rated Contractor GL Insurance Carrier Expanding to 35 States

National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …

E-mails Suggest Georgia Insurance Chief Oxendine Had Interest in Probe

Georgia Insurance Department staffers raised questions about an investigation into an Iowa-based insurer and noted Commissioner John Oxendine’s “personal interest” in the complaint against the company filed by a doctor who later became a major campaign donor, according to e-mails …

Georgia Governor Backs Appointed, Not Elected, Insurance Chief

Georgia Gov. Sonny Perdue’s proposal to appoint — rather than elect — four statewide constitutional officers has run headlong into opposition. Critics from both parties said the plan was unlikely to win the needed two-thirds vote in the Legislature and …