Puerto Rico News

People & Places

Robert Campeau Irvine, Calif.-based SullivanCurtisMonroe Insurance Brokerage has appointed Robert M. Campeau as vice president, announced President John Monroe. Campeau specializes in property/casualty insurance for medical device companies. Campeau has more than 30 years of experience in the insurance industry. …

ISO: Insurers Will Pay Estimated $3.245 Billion on Hurricane Jeanne Claims

U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $3.245 billion for insured property losses from Hurricane Jeanne, according to preliminary estimates by ISO’s Property Claim Services (PCS) unit. Hurricane Jeanne struck Puerto Rico on Sept. 15 …

People and Places

William Hickey Chicago-based insurance industry investment banker Cochran, Caronia & Co. has named William Hickey its chief operating officer. Hickey is responsible for spearheading the firm’s strategic planning initiatives and overseeing all facets of operations. He leads the firm’s recruiting, …

Insurers: N.Y. Coastal Property Market Restored

While affordability is still an issue, insurance coverage is now widely available in coastal areas of New York, according to the New York Insurance Association (NYIA). Addressing a public hearing before the New York State Assembly Standing Committee on Insurance, …

Jurenek Joins Sales Team at Pan-American Life

New Orleans-based Pan-American Life Insurance Company announced that Suzanne Jurenek is the company’s new sales director for U.S. Life Sales. As director of U.S. Life Sales, Jurenek works with MGAs and producers to generate life, annuity and disability sales in …

Koches Joins AICPCU/IIA as Marketing Director

Sharon A. Koches has joined the American Institute for CPCU and the Insurance Institute of America as marketing director, southern region. She is responsible for marketing activities in her 12-state region, which involve maintaining relationships with organizations that use and …

PIA and The Hartford to Offer Members Joint Flood Insurance Program

The National Association of Professional Insurance agents (PIA) and The Hartford Financial Services Group, Inc. announced that they have teamed up to enable PIA member agents to offer their customers flood insurance through The Hartford. “PIA is happy to provide …

Several Dozen Puerto Rico Municipalities Designated for Tropical Storm Jeanne Assistance

The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has designated 54 Puerto Rico municipalities eligible for federal disaster aid to help homeowners, renters and businesses recover from the effects of Tropical Storm Jeanne. Michael …

Contractors Program

Nuts & Bolts: Victor O. Schinnerer & Company’s contractors program recently released new 2004 editions of its three policy forms: a stand-alone professional liability policy, a stand-alone pollution incident policy, and a combined professional and pollution liability form. The changes …

Jeanne Heads for Bahamas; Karl on the Horizon as South Regroups

After briefly gaining hurricane strength, Tropical Storm Jeanne’s wind speed slowed as it drifted West-Northwestward along the north coast of Hispaniola. Even the comparatively slow winds – around 65 mph (104 km/hr) – have been deadly, however. Two persons were …