Operations News

Treasury chief Paulson vows review of U.S. financial services regulation

The Bush administration plans to review the U.S. government’s regulatory system for financial institutions with the goal of making changes to better reflect modern markets. Treasury Secretary Henry Paulson said the review, which will be conducted by officials at his …

People and Places

The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president and chief operating officer of Hartford …

People and Places

Cary Schneider, senior vice president of the Insurance Information Institute, has been elected executive vice president by the organization’s board of directors. Schneider assumes new responsibilities for directing the internal operations of the I.I.I. while continuing to manage the I.I.I.’s …

Federal court to hear Nationawide’s Miss. storm surge appeal

Nearly 52 percent of U.S. urban Interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual highway performance report. “Gridlock isn’t going away,” said David …

Fraud Roundup

Five contractors arrested in Lake Tahoe California Insurance Commissioner Steve Poizner announced the results of the first undercover operation stemming from the Angora Fire in South Lake Tahoe. The operation took place at a residence in the disaster area that …

Wis. SECURA Insurance Named to Ward Group’s Top 50

SECURA Insurance recently announced that the company has been named to Ward’s 50 group of top performing property and casualty insurance companies for 2007, marking the fourth consecutive year SECURA has been included on the prestigious list. SECURA was chosen …

MarshBerry Names Plasket VP, Agency/Broker Division

Kel Plasket has joined Marsh, Berry & Co. as vice president to coordinate their new Agency/Broker Operations Division. Plasket has 25 years of hands-on experience in all areas of agency operations including sales manager, agency owner, CEO, and operations consultant …

Ala.: ProAssurance Recognized in Ward’s 2007 Survey

Birmingham, Ala.-based ProAssurance Corp. is included in the 2007 Ward’s 50, a prestigious list which recognizes top performing property-casualty insurance companies. ProAssurance is the only specialty medical malpractice carrier to be included in Ward’s 2007 list. The Ward Group analyzed …

Hylant Group Names Vice President, Claims Counsel in Cleveland Office

Michelle Lafferty recently joined Hylant Group as vice president in the Cleveland, Ohio, office serving as the Corporate Claims Practice leader and Claims counsel., the company announced. Lafferty is responsible for overseeing the claims division and coordinating best practices to …

Wetern National Insurance Named to 2007 “Ward’s 50”

Western National Insurance Group recently announced that it has been named to the 2007 Ward’s 50 benchmark group of top performing property/casualty companies in the U. S.. The award recognizes Western National for achieving outstanding financial results in the areas …