April 21, 2008
Agency Specialty Product Network, a unit of Aon Corp., has named five new regional vice presidents. Rob Romano will head the Northeast Region, which comprises Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont, New York City and Long Island. Romano …
April 21, 2008
2 Plead Guilty in Insurance Fraud Related Charges West Virginia officials sentenced two Kanawha County women on insurance fraud related charges, according to Insurance Commissioner Jane L. Cline. Tina Marie Browning, 40, of Eskdale, W. Va., was indicted on one …
April 21, 2008
People Mullis Newby Hurst L.P., an Addison, Texas-based provider of construction insurance and surety bonds in Texas, promoted Jan Johnson to senior vice president and director of insurance. Johnson, a 26-year veteran of the insurance industry, has served as vice …
April 21, 2008
P/C Consolidation “The logic of consolidation within the property and casualty industry, particularly in North America, may be gaining favor as the economy slows and as rates soften. However, our research suggests that analysts might not fully value these transactions …
April 21, 2008
Soft market, economic downturn, consumer advocacy translate into more work for agencies Insurance Journal‘s Editor-in-Chief Andrea Wells was at the Big “I” Legislative Conference in Washington, D.C., where she caught up with Robert Fulwider, an independent agent from Iowa who …
April 21, 2008
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. Liquor Liability Coverage Nuts & Bolts: Advanced E&S Insurance Underwriters recently announced the offering of …
April 16, 2008
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B-‘ (Fair) from ‘B’ (Fair) and issuer credit rating (ICR) to “bb-” from “bb+” of Interstate Auto Insurance Company, Inc. of Baltimore, MD, and has revised the outlook to …
April 15, 2008
At least two tornadoes have ripped across southern and eastern Iowa, with damage reported to a few homes and businesses. No injuries have been reported. Bill Nichols, a forecaster with the National Weather Service, says a tornado caused minor to …
April 15, 2008
Grange Mutual Casualty Co. announced today that Randy Montelone will retire at year end after 29 years of service with the company. Tom Welch, current president of Grange Life Insurance Co., a Grange subsidiary, will be assuming the role of …
April 14, 2008
A Cedar Rapids landlord who was convicted of insurance fraud has been charged with lying under oath during his civil trial in January. Robert Miell, 53, was ordered by a federal jury to pay up to $1.5 million to the …