Utah News

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. Karate Sports & Fitness Insurance, a national underwriting facility specializing in sports and fitness facilities, …

Business Moves

Higginbotham & Associates, ATMD Higginbotham & Associates announced a partnership with Allred-Thompson-Mason-Daugherty (ATMD) in an effort to broaden its Texas presence. ATMD is a general lines insurance agency based in Wichita Falls, Texas, with two offices in Granbury and Henrietta, …

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. Canine Security Nuts & Bolts: MarketScout is offering coverage for bomb and drug sniffing dogs. …

People

San Diego-based Barney & Barney LLC named Jim O’Connell principal. He also will serve as director of development for programs, specialty insurance solutions. In that role, he is responsible for both regional and nationwide expansion of new and existing programs. …

Public Broker Stocks Down in Dec. as 2007 Closes With 205 M&A Deals

Stock Prices: Brokerage stocks mimicked the overall uneasiness of the stock market during January. Hilb Rogal & Hobbs (NYSE:HRH) traded down 11.2 percent while Arthur J. Gallagher traded up 5 percent. Overall the sector was down 8 percent year-to-date. M&A …

Magnitude 6.0 Earthquake Strikes Northeastern Nevada

A strong earthquake struck near the northeastern Nevada town of Wells Thursday, causing major structural damage to some older masonry buildings, igniting small fires and bursting windows in homes and businesses. According to reports, the shock was felt in 225 …

Larson & Rosenberger Merges Calif. and Utah CPA Firms

Utah-based CPA firm Larson & Co. announced a merger with Los Angeles-based Rosenberger Schwartz & Co. The merged firm, Larson & Rosenberger, combines 32 years of insurance auditing and tax expertise, as well as regulatory compliance advisory services. Individually, the …

N.M. Tribe Sues Regulator Over Leavitt’s Corp. Status Reinstatement

The Mescalero Apache Tribe in Santa Fe, N.M., contends it overpaid millions of dollars for insurance, alleging the state let an insurance agent operate after the agent was accused of submitting fraudulent documents to sell policies. The tribe has sued …

Arthur J. Gallagher Acquired Utah’s Taylor Benefits

Arthur J. Gallagher & Co. acquired Taylor Benefits located in Holladay, Utah. Terms of the transaction were not disclosed. Doug Taylor and his associates will continue to operate in their current location under the direction of Norbert Chung, western regional …

Lawsuit Presses Mich. Lawmakers to Allow Licenses for Legal Immigrants

When Michigan officials recently reinterpreted state law to stop nonresidents from getting driver’s licenses, critics said it had an unintended consequence. The crackdown, intended to target illegal immigrants, also affected legal immigrants who are not permanent residents, including employees from …