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

Zurich’s Haugh Named COO, Global Unit North America

Zurich announced that Ann Haugh will become chief operating officer for Global Corporate in North America (GCiNA) effective Sept. 1, 2007. Haugh’s primary responsibility will be executing on the GCiNA strategy and managing operating results to ensure alignment with the …

Arch Names Vonnahme EVP Surety; Schmalz to Retire

Arch Insurance Group, a subsidiary of Arch Capital Group Ltd., announced that Mark C. Vonnahme has joined its leadership team as the executive vice president responsible for its surety business. Vonnahme succeeds Brian Schmalz who will retire at year-end. Schmalz, …

Oregon Supreme Court Rules SAIF Not Immune from Lawsuits

The Oregon Supreme Court ruled the State Accident Insurance Fund Corp. can be sued for violations of federal constitutional rights. The court said that SAIF can be considered a “person” under federal law and, unlike state agencies, is not immune …

Safeco Reports Q2 Income of $186.4 Million

Seattle-based Safeco has reported net income for the second quarter of 2007 of $186.4 million, compared with net income of $199.7 million for the same period in 2006. Operating earnings were $175 million for the quarter, compared with $204.2 million …

Browns Rebuild Flooded Locker Room

The Browns plan to have their locker room rebuilt and their stadium ready for Cleveland’s first preseason game after a waterfall containing thousands of gallons of water and some sewage flooded the eight-year-old structure. Old pipes in Cleveland’s water system …

Mich. Forest Wildfire Damages Homes, Forces Evacuations

A wildfire that started in eastern Michigan’s Huron National Forest and spread across 500 acres forced the evacuation of 100 residents and damaged at least three homes, police said July 30. State police Sgt. Tim Gronda said the fire was …

Ind. Woman Accused of Stealing Soldier Son’s Insurance Charged Again

A Portage, Ind., woman who had pleaded guilty to stealing $250,000 in life insurance money after her son died in Iraq was scheduled to be sentenced on Aug. 17. Janie Lee Espinoza’s son, Army Spc. Roy Buckley, died April 22, …

FEMA: La. Sees Drop in New Flood Policies

A large number of people who bought flood insurance after the devastating 2005 hurricane season have not renewed their policies, according to Federal Emergency Management Agency figures. About 100,000 new flood insurance policies were sold in Louisiana after hurricanes Katrina …

Ark. Agents Honor Progressive’s Claims Department

The Professional Insurance Agents (PIA) of Arkansas named Progressive’s Arkansas claims unit as the 2007 “Claims Department of the Year” following a vote by the more than 250 independent insurance agency members in the state. More than 70 claims representatives …

Fleming to Head Business Development at Cunningham Lindsey U.S.

John Fleming has been appointed vice president and director of Business Development and Marketing for Dallas-based independent insurance claims services firm Cunningham Lindsey U.S. (CLUS), the company announced. Fleming, a 35 year veteran of the industry, has spent the past …