Declarations
Better Protection Against Insolvency “We’ve long had the ability to intervene when a company is insolvent. … But to protect policyholders, we need to step in much sooner than that. This new law lets insurers know exactly what we’ll be …
Business Moves
Miller & Miller, Keystone Keystone Insurers Group’s newest Ohio partner, Miller & Miller Inc., of Dover, has become the group’s 23rd agency in Ohio and one of 212 independent agencies in six states that comprise and own Keystone. Established in …
People
Ohio-based Westfield Insurance Group selected James R. Clay as its next group leader and CEO. Clay currently serves as insurance leader and president. He has served the company for more than 30 years in numerous capacities. Clay will replace Robert …
Slowing Urban Sprawl, Adding Forested Land Curb Flooding: Study
Controlling urban growth and increasing forested land are the most effective ways to decrease future water runoff and flooding, according to a Purdue University study. Bryan Pijanowski, an associate professor of forestry and natural resources, used a model to simulate …
K&K Insurance Adds New Regional Sales Staff Across U.S.
Indiana-based K&K Insurance has added a regional sales force to develop new agent relationships while supporting existing K&K relationships with more than 6,000 agents and brokers across the United States. The new sales representatives include: James Algeo serves the Northeast …
Citizens Board Approves Pay for New CEO
The governing board for Louisiana’s property insurance company of last resort agreed to pay its next chief executive $264,000 a year.The Louisiana Citizens Property Insurance Corp. board approved the pay package for Richard Robertson without objection. Robertson will get a …
Meadowbrook Appoints Shallcross
Michigan-based specialty insurance program manager Meadowbrook Insurance Group Inc. has appointed John P. Shallcross as director of Investor Relations & Capital Strategies. Shallcross joined Meadowbrook two years, working primarily on special projects in the accounting and finance department. Prior to …
Michigan Oil Spill Bill Estimate up to $400M
Enbridge Energy Partners estimates cleanup and other costs from a massive oil spill from a Michigan pipeline could be $300 million to $400 million. The company made the estimate in a filing this week with the U.S. Securities and Exchange …
Employee-Owned Insurance Brokerage Opens Akron Office
Ohio’s oldest independent and largest employee-owned risk management and insurance brokerage firm has opened an office in Akron. Oswald Companies serves more than 50 clients collectively in Akron and Canton. Oswald’s newest Ohio location will be led by Paul Catania, …
North Dakota Flood Project in Hands of Landowners
Landowners are voting on a proposed $2.7 million flood control project to divert pooling sheet water away from the northeast North Dakota city of Michigan. Officials say the Michigan Spillway project also would relieve flooding on about 40,000 acres of …
