June 5, 2006
State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states—26—has …
June 5, 2006
Surgeons General Liability Nuts & Bolts: Avreco is now offering Bariatric and General Surgery Physicians Professional Liability coverage. Eligible risks must be certified by the American Board of Surgery or the American Osteopathic Board of Surgery, and also a member …
June 5, 2006
Zurich announced that Oliver Ade has been named regional executive for the company’s North Central Region. Ade will be responsible for all business operations within the region, including profit-and-loss objectives, developing strategic marketing initiatives, and strengthening relationships with distributors and …
June 5, 2006
The Idaho Department of Insurance has issued a cease and desist order against Sinclair Insurance Co. Ltd. and N.M. Sim Management Ltd. In early April 2006, the Idaho Department of Insurance received information indicating that Sinclair Insurance Co. Ltd., through …
June 2, 2006
Phil C. Gallagher, a long-time Florida insurance agent, litigation consultant and expert witness passed away peacefully in Miami June 1. Gallagher, 79, was surrounded by his family at the time of his death. Phil was a well-known insurance industry veteran, …
May 30, 2006
Results from the second annual GMAC Insurance National Drivers Test suggest licensed Americans lack basic driving knowledge and exhibit alarming behaviors on the road. The study revealed that one in eleven drivers–nearly 18 million people–would fail a state drivers test. …
May 26, 2006
David Greenberg has been named president and chief executive officer of Rhode Island-based Brokers’ Service Marketing Group. In his new capacity, Greenberg, who is a partner in the life insurance and financial services brokerage, will oversee daily operations while directing …
May 23, 2006
Berkshire Hathaway said it has completed its acquisition of Applied Underwriters, an integrated workers’ compensation service firm β and all of its subsidiaries including its North American Casualty insurance companies. “As anticipated, our new relationship with Berkshire Hathaway is generating …
May 22, 2006
If you’ve been writing agricultural and farm insurance for years and think you know everything there is to know about the business, don’t bet the farm. Farm exposures have changed dramatically in the past 50 years and require sophisticated liability …
May 22, 2006
If you’ve been writing agricultural and farm insurance for years and think you know everything there is to know about the business, don’t bet the farm. Farm exposures have changed dramatically in the past 50 years and require sophisticated liability …