U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes — the eighth lowest cost in a decade and the seventh lowest frequency for the same period, according to preliminary analysis …
A judge in Tulsa is calling off former Oklahoma Insurance Commissioner Carroll Fisher’s tax-evasion trial that was to start Feb. 11. Associate District Judge Dana Kuehn says Fisher must have another preliminary hearing to determine if there is enough evidence …
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. Small Residential General Contractors Nuts & Bolts: NSM Insurance Group is offering coverage for general …
Stock Prices: Aon Corp. (NYSE:AOC) continued to outperform the sector, up a remarkable 43.1 percent year-to-date. The company reported third quarter 2007 results at the end of October. Net income increased 92 percent to $204 million for the third quarter, …
Connecticut’s insurance commissioner is a ‘small government kind of guy’ with big company kind of experience Thomas Sullivan has switched sides — sort of. Before being named Connecticut’s insurance commissioner last year, Sullivan spent years as an insurance industry executive, …
$72 Million The value of assets seized from Martin Frankel, a former financier convicted of stealing from insurance companies. Outgoing Mississippi Insurance Commissioner George Dale said the assets were seized by the FBI and the Internal Revenue Service as a …
South Carolina Gov. Mark Sanford named state Sen. Scott Richardson as the director of the Department of Insurance about one year ago, replacing Eleanor Kitzman. Richardson was elected to the South Carolina Senate in 2000, and previously served in the …
Brown & Brown, Turner & Associates Through a subsidiary, Brown & Brown Inc. acquired Tecumseh, Okla.-based Turner & Associates Insurance Agency Inc. Turner & Associates, with annualized revenue of approximately $1.7 million, specializes in the oil and gas industry. The …
Dallas-based regional insurer, The Republic Group, appointed Jim Drawert to the new position of vice president – Industry Relations. Additionally, Cathy Link has joined Republic as chief underwriting officer. Drawert joined Republic in 2003 as vice president – chief underwriting …
The insurance industry traditionally is bullish on education, networking and sharing professional experiences with colleagues and business partners. After all, the industry is largely made up of “people” people who thrive on connecting with their clients, as well as their …
