Monthly Archives: <span>May 2007</span>

Insurers Praise Florida’s Home Mitigation Program

Property/casualty insurers say that Florida’s efforts to strengthen homes against storm damage are part of what is needed to improve the insurance situation for homeownrs. William Stander, assistant vice president and regional manager for the Property Casualty Insurers Association of …

Miss. Grants Rate Changes for Shelter, Brierfield

Mississippi Insurance Commissioner George Dale has approved rate changes for homeowners policies written by Shelter Insurance Co. and commercial policies written by Brierfield Insurance Co. The highest increase in some territories will be 35 percent. Shelter’s original rate filing had …

Cal-Regent Insurance Services sign 3 year agreement with QualCorp, Inc. for FormPlus Enterprise

Allen Beggs, President and Co-Founder of QualCorp, Inc. announced that Cal-Regent Insurance Services of San Diego, CA will be licensing the enterprise version FormsPlus for their office. The Task Cal-Regent Insurance Services will use FormsPlus Enterprise to issue commercial auto, …

United Heritage Acquires N.C.’s Alliance Mutual Insurance

Alliance Mutual Insurance Company, headquartered in Greensboro, N.C., and United Heritage Financial Group, Inc., based in Meridian, Idaho, have reached a preliminary agreement under which United Heritage will acquire Alliance. Alliance, founded in 1976, is a provider of property and …

W. Va. Vioxx Trial Set for October

A West Virginia civil trial in a lawsuit that blames the death of a Mingo County man on Merck & Co.’s prescription pain medicine Vioxx is scheduled for October. The lawsuit is similar to thousands of others filed across the …

Total Cost of Risk Continues Downward Trend, RIMS Survey Finds

The commercial insurance industry continued to experience an overall decline in total cost of risk in 2006 despite coastal property premium hikes, according to the 2006 Annual Benchmark Survey book from the Risk and Insurance Management Society (RIMS). The average …

Professional Program Insurance Brokerage Lowers Property Rates Nationwide

Due to the huge success and continued growth of all of their offered programs, combined with a catastrophe free season, Professional Program Insurance Brokerage has reduced their property rates nationwide. New rates take effect immediately for the 24 hour quick …

The Flood Insurance Agency Forms Agreement with BancInsure

The Flood Insurance Agency, Kalispell, Mont., has entered into an agreement with BancInsure Inc. wherein BancInsure will market TFIA’s total flood insurance compliance solution to new and existing bank clients. TFIA markets Federal Emergency Management Administration standard flood hazard area …

Topa Insurance Makes Two Staff Promotions

Topa Insurance Co. and Dorchester Insurance Co., Los Angeles, has promoted Patrick Sessions to vice president of claims. Sessions joined Topa in Sept. 2003 as operations manager, claims. Most recently, he was assistant vice president, claims. The company also named …

Task Force To Develop Mold and Moisture Management Standards

The PIA Western Alliance announced that the National Association of Moisture Management Professionals (NAMMP) has been formed to set mold and moisture management standards and protocols that should be adopted nationwide. One year ago, the PIA Western Alliance organized two …