New Mexico News

Election Will Mean New Faces in State Insurance Commissioner Jobs

Tuesday’s elections could have ramifications for a number of state insurance commissioner posts across the country. Nationwide, 11 commissioners are directly elected but there are only four such elections tomorrow; the rest of commissioners are appointed, most by governors or …

Mutual of Enumclaw to Purchase Nevada-Based Insurance Companies

Enumclaw Insurance Group of Enumclaw, Wash.,announced the signing of a definitive agreement to purchase 100 percent of the stock of Chicago-Vegas Holding Co., which owns Nevada General Insurance Co. (NGIC) and Auto Insurance America Insurance Agency (AIC). Both Nevada General …

Cincinnati Insurance Co. Enters Connecticut

The Cincinnati Insurance Co., the lead property/casualty subsidiary of Cincinnati Financial Corp., will begin writing business in Connecticut through Rose & Kiernan Inc., an independent insurance agency serving Danbury, Conn. The agency is a branch of Rose & Kiernan Inc. …

New Mexico Insurance Division Receives Consumer Assistance Grant

The New Mexico Public Regulation Commission’s Division of Insurance will get $226,000 in federal funds to bolster consumer assistance efforts at the regulatory agency. The grant, which was made available through the Department of Health and Human Services’ (HHS) Office …

The Power of More

Why the Time is Right for Agency Networks They go by many names — networks, alliances, franchises, clusters and aggregators — but all have similar goals. Aggregator groups have been around the insurance industry for more than three decades but …

New Markets

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. Trucking Market Detail: USAssure Insurance Services. Inc. provides monoline or package program for commercial automobile. …

People

K&K Insurance, based in Ft. Wayne, Ind., named Todd Bixler president and CEO. Bixler joined K&K Insurance in 1986 as controller, responsible for financial reporting and accounting operations. His subsequent positions of increasing responsibility with K&K included chief financial officer, …

Lawsuit: Gas Drilling Fluid Ruined Pennsylvania Water Wells

Thirteen families in the heart of the gas-rich Marcellus Shale say their water wells have been contaminated by poisonous fluids blasted deep underground by a drilling company using a technique at the center of a fierce nationwide debate. A faulty …

New Markets

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. Contractors Preferred Program Market Detail: Tangram Consulting and Underwriting Services Contractors Preferred Program is a …

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 …