United States News

State Auto Western Region Promotes Alvord, Adds Macier in Arizona

State Auto’s Western Region promoted Kathy Alvord and added Linnea Macier in Arizona. Alvord was promoted to business insurance underwriter reporting to Brad Timmerman, sales manager for the Arizona, Colorado and Utah markets. Her career began in 1984 with CNA …

Fraud Bureaus Report Sharp Rise in Fake Health Plans

Bob Harper thought he’d found a better health-insurance deal. The Oklahoma man bought coverage from an outfit called American Trade Association (ATA). The price seemed affordable, and he thought he’d save decent money while maintaining a solid healthcare safety net. …

Lloyd’s Marine Underwriters Examine How to Comply with Iran Sanctions

Underwriters from London’s marine insurance market are looking at how to comply with fresh sanctions being imposed on Iran, a senior Lloyd’s Market Association (LMA) official said on Friday. Iran, the world’s fifth-largest crude oil exporter, depends on its seaborne …

Coastal Trends

As the hurricane season gains momentum, a new U.S. Census Bureau report, Coastline Population Trends in the United States: 1960 to 2008, helps put into perspective the number of Americans living along the coast who could be affected by storms …

Congress’s inability to act leaves many in flood prone areas vulnerable – for the second time this year and the fourth in 12 months’ time. When it rains it pours, as the saying goes. By extension, one could say that …

People

EPIC (Edgewood Partners Insurance Center) added Tina Brink as a senior account executive in its Folsom, Calif., office, and Lori Perry as a senior account executive in its San Francisco office. Brink brings more than 18 years of experience in …

West Faces High Wildfire Potential

Arizona Wildfire Incurs $1.8 Million in Claims An Arizona wildfire that has burned 15,075 acres and incurred $6.9 million in claims to date might be the first example of the fire risks the Western United States are facing in 2010. …

USLI Expanding with Retail Agent Distribution; No Longer Exclusively Wholesale

After years of doing business exclusively though wholesale brokers, United States Liability Insurance Group (USLI) is expanding its distribution to work directly with retail insurance agencies. “We are expanding our distribution to include retailers on a selected basis,” Chairman, CEO …

Rough Road for Trucking in the New Economy

Rising Taxes, Inflation Will Force Insurance Market to a ‘Déjà vu All Over Again’ The insurance industry has a long history for cyclical price adjusting, featuring long periods of marginal to inadequate premiums followed by relatively brief, startling and disruptive …

Near National P/C Carriers Identified for 2010

The Demotech Company Classification System Shows 62 Carriers Meet Critieria The original criteria and objective definition for the Near Nationals was established in the Feb. 12, 2007 issue of Insurance Journal. The Demotech Company Classification System categorizes insurers into one …