North Carolina News

Ohio Casualty Names Donald McKee New CFO

Ohio Casualty Corp. has named Donald McKee its new CFO, effective Sept. 19. The Fairfield, Ohio-based company said McKee will fill a slot left empty since April 1, 2000, when CFO Barry Porter retired. Elizabeth Riczko, the company’s COO, had …

Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’

Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not, since the base …

Fear of the Unknown-The Mold Issue Raises More Questions Than Answers

Editor’s Note: This is the second installation of a two-part series dealing with the rising issue of toxic mold claims. See IJ, Aug. 27, 2001, for Part I. Part II Determining causation A major aspect of the ongoing mold-related lawsuits …

Fear of the Unknown–The Mold Issue Raises More Questions Than Answers (Part II) By Catherine Tapia

By Catherine Tapia This is the second installation of a two-part series dealing with the rising issue of toxic mold claims, which continues its exploration of specific mold-related lawsuits in California: determining causation, calling in the experts and getting educated. …

Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’

Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not, since the base …

Incoming NAPSLO President Focuses on Regulatory Issues, Technology

When John Latham steps down as president of the National Association of Professional Surplus Lines Offices (NAPSLO) in San Antonio later this month, Tapley O. Johnson, Jr., will take on the office as incoming president and continue moving the organization …

Argonaut Group Inc. Acquires Holding Company

Argonaut Group, Inc. has completed the previously announced acquisition of Front Royal, Inc., an insurance holding company headquartered in Morrisville, N.C. for $165 million in cash. The acquisition of the Front Royal insurance companies will add to Argonaut Group’s growing …

P/C Insurance Mass-Marketers to Gather in Scottsdale for IMMA Conference

Property/casualty insurance mass-marketers with agencies and carriers will address timely industry issues such as marketplace and carrier instability — and survival tools — at the 2001 Annual Conference of the International Mass Marketing Association (IMMA). The conference will be held …

Acceptance Insurance Cos. Completes Sale of P/C Businesses To McM Corp.

Acceptance Insurance Companies Inc. completed the sale of two wholly owned insurance companies to McM Corporation, a Raleigh, N.C.-based insurance holding company and owner of Occidental Fire & Casualty Company of North Carolina and Wilshire Insurance Company. In addition, McM …

ICAT Positions Pair of Underwriting Managers

Catastrophe insurance specialist International Catastrophe Insurance Managers, LLC (ICAT) has named Shannon King Regional Underwriting Manager for California and Cathy Schablitsky Regional Underwriting Manager for Florida. King currently serves as ICAT’s Regional Underwriting Manager for Florida. As such she has …