February 8, 2010
National insurance program administrator Thomco announced the promotions of John Clark and Monica Clark (not related) to senior vice president positions. Thomco, based in Kennesaw, Georgia, said the promotions are in recognition of their expanded duties and part of a …
February 7, 2010
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. Public Officials Liability Market Detail: Apogee Insurance Group a Berkshire Hathaway Group offers agents access …
February 7, 2010
As state legislators enact laws that ban phoning and/or texting while driving, a new study finds no reductions in crashes after hand-held phone bans take effect. Comparing insurance claims for crash damage in four U.S. jurisdictions before and after such …
February 7, 2010
$35,200 The reduced fine issued to Walt Disney World by OSHA for a serious violation that contributed to the death of a 21-year old worker during a summer monorail accident last July. 11.7% The latest rate increase on homeowners policies …
February 7, 2010
Fiesta Auto Huntington Beach, Calif.-based Fiesta Auto Insurance is combining its two business models — insurance and tax preparation — under one roof, quadrupling its presence to more than 80 locations. Launched in 1999 to provide auto insurance to Hispanic …
February 1, 2010
The Main Street America Group launched its new Main Line Business Owners Policy (BOP) property and liability product. The insurer also launched Main Street Station for commercial lines quoting and policy issuance system in Maine, Rhode Island, Vermont and South …
January 29, 2010
Georgia lawmakers are taking a closer look at texting while driving legislation proposed last week. Representatives on the House public safety committee debated the bill on Wednesday. At the end of the hour-long hearing, the bill was referred to a …
January 26, 2010
Florida’s state-backed property insurer will seek competitive bids on part of a contract to reinspect as many as 400,000 properties that have been awarded $700 million in mitigation discounts off their insurance premiums. Citizens Property Insurance Corp. said it would …
January 26, 2010
Tapco Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA specializing in high-volume, transaction-based excess and surplus insurance lines, is opening an underwriting service center in Dallas, Texas. Tapco veteran Ellen McBride will manage the Dallas office. McBride has more than 25 …
January 25, 2010
A 63-year-old former bookkeeper at a Dalton, Georgia insurance brokerage is facing federal charges she embezzled more than $1 million from her employer. Prosecutors say Carolyn Lynn Cherry of Chatsworth forged her supervisor’s signature on company checks from 2003 to …