| Central Texas CPCU Society Chapter Names New Officers
The Central Texas Chapter of the Chartered Property Casualty Underwriters (CPCU) Society announced the newly elected officers for 2007-2008. The new officers are: President - Stephanie Harvey, senior underwriter of Texas Municipal League � IRP; President-elect - Kim Kimball, auto underwriting team leader of State Farm Insurance; Vice President - Michelle Kologinczak, leadership development associate of State Farm Insurance; Secretary - Meredith Hilverda, executive assistant of Mercury Insurance Group, and Treasurer - Chris Grunska, finance supervisor of State Farm Insurance. The Central Texas Chapter will be recognized for earning the Society's Gold "Circle of Excellence" for the last eight years during the CPCU Society's 63rd Annual Meeting and Seminars, Sept.
STATEMENT OF ATTORNEY GENERAL MARTHA COAKLEY REGARDING THE ...
BOSTON – Today, Attorney General Martha Coakley issued the following statement regarding the State Insurance Commissioner's decision in this year's auto insurance rate proceeding. "As we testified in May, we have concerns about whether the market in Massachusetts is prepared for rates to be set by competitive pricing at this time. We will await further details and regulations from the Commissioner as she has promised. The Attorney General's Office will be active in the regulatory process to ensure that the regulations protect consumers." "The role of the Attorney General's Office in the proposed new competitive rate-setting system will be to advocate for consumers on an insurer-by-insurer basis as carriers submit their proposed rates to the Commissioner for approval, as opposed to the current system where we have advocated for a lower standard rate for all carriers on an industry-wide basis. We are committed to carefully reviewing each of these submissions and taking action as needed to protect consumers and ensure that all drivers have access to affordable and adequate insurance coverage." Return to article list .
ASIA MARKETS: Most Asian Markets End Higher, Surviving Volatility
Most Asian stocks survived intraday volatility to advance Friday, with Chinese issues ending at a record high, but Japanese shares were a mixed bag as gains in exporters such as Sony Corp. were matched by losses for banking majors such as Mizuho Financial Group. An overnight rally on Wall Street and bargain hunting in stocks, following a sell-off Wednesday on concerns risks related to global credit markets were spreading to Asia, led the gains after most markets faced a roller-coaster ride during the session. In Tokyo, the Nikkei 225 indexslipped a modest 0.03% to end at 16,979.86, unable to stay about the psychologically important 17,000-point level, after it hit an intraday high of 17,102.07 during the session. The broader Topix indexrose 0.2% to 1,672.54.
Asbury Automotive Group Schedules Release of Second Quarter ...
NEW YORK, July 13 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today announced that it will release its second quarter 2007 financial results before the market opens on July 26, 2007. Senior management, including Charles R. Oglesby, President and CEO, and J. Gordon Smith, Senior Vice President and CFO, will host a conference call later that day, at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the Internet and can be accessed by logging onto http://www.asburyauto.com or http://www.ccbn.com. A replay will be available at these sites for 14 days. In addition, a live audio of the call will be accessible to the public by calling 800-500-3170 (domestic), or 719-457-2733 (international); no access code is necessary.
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