Terrie E. Troxel, president and chief executive officer of the American Institute for CPCU and Insurance Institute of America, announced he will resign effective Oct. 31, 2005. An insurance professional and educator, Troxel became the Institute’s fourth president and CEO …
The University of Georgia, in partnership with the American Society of Appraisers, offering the Personal Property Appraisal Certificate Program. The program covers comprehensive personal property valuation in fine arts, antiques, and more. This four-course, sequenced series is offered in Nov. …
San Diego County Superior Court Judge George W. Clarke has sentenced Valley Center businessman John Presley to three years formal probation and ordered him to pay $37,669 in restitution to California’s State Compensation Insurance Fund, which insures his business. Presley, …
The Chubb Group of Insurance Companies has launched complimentary luxury risk mitigation services for its high-net-worth and family office customers. Designed to help protect and enhance the affluent lifestyle, these services include access to personal security consultants, travel safety experts, …
Vesta Insurance Group, Inc. announced that its preliminary net loss estimate from Hurricane Wilma for its subsidiary, Florida Select Insurance Company, is expected to be in the range of $4.5 to $8.5 million, after recovery from its 50 percent quota …
President Bush has approved Gov. John Lynch’s request to declare a major federal disaster in New Hampshire areas affected by the recent floods. As a result, residents, municipalities, businesses and the state are eligible for Federal Emergency Management Agency and …
Connecticut lawmakers moved closer this week toward making it a felony for the owner of a commercial vehicle to knowingly operate it without insurance. Responding to a fiery 20-vehicle crash in Avon that killed four people last July, the state …
By a vote of 228-184 on Thursday, the House of Representatives favorably approved H.R. 420, the Lawsuit Abuse Reduction Act (LARA). The legislation, introduced by Representative Lamar Smith (R-Texas), would penalize attorneys, law firms, or parties who file frivolous lawsuits, …
ProCentury Corporation reported after-tax losses for the third quarter from hurricanes Katrina and Rita of approximately $6.0 million, or $0.46 per diluted share, net of expected reinsurance and including estimates of internal cost to settle the claims, premiums to reinstate …
Tropical storm Beta, the 23rd named storm of the current season, is churning the waters of the Caribbean off the coast of Nicaragua. According to the latest bulletin from Miami’s National Hurricane Center, Beta is moving slowly north/northwest at about …