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Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered in metro-Atlanta, was established in 1977 and has been an MGA focused …

With new governors could come new commissioners in Mass., Md., N.Y.

Newly elected Democratic governors in Massachusetts, New York and Maryland are expected to name their own insurance commissioners, although it’s to early to know who the successors might be, according to insurance industry insiders. The industry will see many new …

Declarations

Declarations Darrell West, a political science professor at Brown University in Rhode Island, commenting on Democrats with seniority being positioned after the midterm election to become chairs of influential committees in Congress. Martin O’Malley, newly elected Democratic governor of Maryland. …

ELECTION REPORT

45 CONGRESSIONAL CLOUT U.S. Rep. Paul Kanjorski of Pennsylvania is among a number of Northeast Democrats poised to chair key insurance committees in Washington. Maryland Gov. Martin O’Malley 44 Massachusetts Gov. Deval Patrick 44 New York Gov. Eliot Spitzer

10 N.Y. agents protest incidents as red flags

Should mere incidents affect pricing? 10 Laptop stolen from broker HRH deals with lost data on Villanova N1 Employee crime: big threat to small firms More than one in three firms experience theft N1 Commercial premiums continue to fall All …

Wal-Mart Expands $4 Generic Drugs to 11 More States

Wal-Mart Stores Inc. is expanding its $4 generic prescription program to 11 additional states and adding 17 more prescriptions to the program. The world’s largest retailer added 502 stores to those offering the discounted medications. The new states added Thursday …

Mass. Adopts ‘High Net Worth’ Exclusion for Insolvency Fund

Massachusetts Gov. Mitt Romney (R) has signed legislation that creates a high net worth exclusion into the state law governing the fund that covers claims when an insurer becomes insolvent. A high net worth policyholder is defined as one with …

Verizon Wireless, Insurers Fined for Violations in Washington

Washington Insurance Commissioner Mike Kreidler has fined Verizon Wireless Services LLC of Bedminster, N.J., $25,000 for failing to sell service contracts under its legal corporate name, a violation of state insurance law. State law requires the company to conduct business …

Health Insurers Offer $300 Billion Plan for Covering Uninsured

Health insurance companies proposed a national $300 billion plan this week aimed at getting coverage for all uninsured children in three years and for most adults within 10. The plan includes tax breaks for the working poor and increased spending …

Northeast’s SAN Group Network Signs Up 24 New Agencies; Total Tops 190

The Northeast agency newtork, SAN Group, Inc.,reports that it has added 24 new member agencies in 2006 through the third quarter. With the SAN affiliation,agencies gain access to additional markets, increased profit sharing, excess compensation opportunities, training, consulting services, marketing …