Jennifer King has joined San Diego-based Cavignac & Associates as an account manager. In her new position, King is charged with servicing all aspects of the firm’s commercial insurance accounts, including underwriting financial files and fulfilling specific policy requests. King …
Alliant Resources Group Inc. (Alliant), an insurance brokerage and financial services distribution company, announced the acquisition of Calif.-based Austin, Cooper & Price Insurance Agency Inc. (ACP). ACP is a full-service property and casualty agency focusing on property, liability, workers’ compensation …
Chicago-based CNA Financial Corporation announced that it has completed its previously announced plan to sell $750 million of a new issue of preferred stock, called Series H Cumulative Preferred Stock, to Loews Corporation, the owner of 90% of CNA’s outstanding …
Ann Weber, General Counsel for the National Association of Independent Insurers, has written an open letter to Will Connaghan, the Editor of the St. Louis Daily Record in response to an article that appeared in the December 13th Issue entitled …
Swiss Re announced that its Board of Directors has appointed Ann Godbehere as CFO, effective 1 April 2003, succeeding John H. Fitzpatrick, who’s been named to head Swiss Re’s Life & Health Business Group. Godbehere, a Canadian, currently serves as …
Inreon, the Internet trading platform for reinsurers and intermediaries founded by Munich Re and Swiss Re, announced that a “growing number of global reinsurance groups, including new Bermuda start-ups, have identified the Internet as a key channel for receiving 2002/3 …
Bermuda-based Endurance Specialty Holdings Ltd. announced the formation of a wholly-owned U.S. subsidiary, Endurance Reinsurance Corporation of America (Endurance Re). The new company has been granted a license as a New York domestic insurer for all lines of property and …
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of The Guarantee Company of North America, based in Montreal, and has upgraded the financial strength rating to A- (Excellent) from B+ (Very Good) of its U.S. subsidiary, …
Lloyd’s announced that it has issued accreditation to four new brokers, including the first from India, as part of its ongoing initiative, launched in 2001, to widen access to the London market. The brokers are CK Re, Harman Wicks & …
Over $700,000 dollars were paid in claims for two traffic deaths that never occurred in a case that involved phony police reports created in order to process claims, according to the San Diego Union Tribune. An Allstate insurance claims adjuster, …
