People
Richard G. “Dick” Clarke, senior vice president of J. Smith Lanier & Co. in West Point, Ga., has been elected 2009 president of RiskProNet International, a network of 25 independent insurance brokers in North America. Clarke is a veteran of …
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. Misc. Medical Malpractice Market Detail: NAS Insurance Services Inc. gives agents the ability to provide …
HOT Prospects Come in Unusual Packages
MyNewMarkets.com’s Top 10 Oddest Market Searches and Requests A “hot” risk from an agent’s view is the one sitting on his or her desk demanding immediate attention. Sometimes those hot prospects aren’t business owner policy or even standard-carrier-eligible; in fact …
Largent, Rosenberg Named Executive Officers at Ohio’s Westfield Group
Ed Largent is now chief administrative officer and Stuart Rosenberg is chief technology officer at Westfield Group of Ohio. Largent assumes responsibility for corporate oversight of human resources, information technology, training, and the internal audit department, as well as Westfield …
Ratings Roundup: American Family, Battle Creek, Central Co-op
A.M. Best Co. has revised its outlook to negative from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” for American Family Insurance Group (AMFAM), which includes American Family Mutual Insurance …
Reisling Joins Motorists Mutual Commercial Lines in Ohio, Michigan
Kelly Reisling is joining Motorists Mutual Insurance Co. as assistant vice president, Commercial Lines Division, responsible for the Ohio and Michigan territories. Reisling brings 20 years of experience to the position. Her track record includes managing teams of underwriters and …
Progressive CEO Receives $8.4M Compensation, Refuses Bonus
The chief executive of Ohio-based auto insurer Progressive Corp. received 8.8 percent less compensation in 2008 mainly because he declined to accept a performance-related bonus, as investment losses led to the company’s first annual loss in 26 years. Glenn Renwick, …
Top 5 Reasons Ohioans File Insurance Complaints
Claim denials from insurance companies were the number one complaint of Ohio insurance consumers in 2008, according to statistics released by the Ohio Department of Insurance. Nearly one-third of the 6,506 consumer complaints received by the department dealt with the …
Ohio Windstorm Losses in Feb. Reach Nearly $89M; Ike Losses Rise
Ohio’s Feb. 11-12 windstorm caused at least $88.9 million in damages, based on preliminary insured loss estimates from the Ohio Insurance Institute (OII), an insurance industry trade group. Widespread losses were reported by a number of Ohio insurers. Unseasonably warm …
People
San Francisco-based Wells Fargo & Co. announced its management team for the combined insurance businesses of Wells Fargo and Wachovia Corp. Reporting to Dave Zuercher, group head of International and Insurance Services, are Neal Aton, head of Wells Fargo Insurance …
