Colonial Properties Trust announced that Alabama-based Infinity Property and Casualty Corporation will relocate its corporate headquarters to Colonial Center at Colonnade on or prior to April 1, 2005. Infinity Insurance Company has leased 100,721 square feet, or 65 percent of …
Maryland Insurance Commissioner Alfred Redmer, Jr., is encouraging Maryland agents to take advantage of the free two-hour workshops being offered by the National Flood Insurance Program (NFIP) on Nov. 24-25. The workshops are designed to help insurance professionals, whether novice …
Cincinnati-based insurer American Financial Group, Inc. has completed its merger with its subsidiary, American Financial Corporation. The merger significantly increases AFG shareholders’ equity and simplifies the structure of the company and its subsidiaries. Holders of over 75 percent of AFC’s …
Texas Mutual Insurance Company President Russ Oliver announced that the Texas Restaurant Association (TRA) received a group dividend from Texas Mutual worth approximately $523,000. According to Oliver, the TRA group dividend is separate from the approximately $25 million in dividends …
Combined Group (www.combinedgroup.com), a Carrollton, Texas-based managing general agency, announced a new Texas nonsubscription policy, which features an admitted $5 million CSL high limits Comprehensive Employers Indemnity (CEI) policy form with an “A” rated carrier. The Combined Group’s Chief Executive …
Heartland Marketing Group Inc. (www.standardmarkets.com) announced it is moving its home office to the fifth floor of the Chase Bank Building in Addison, 5050 Quorum Road, Suite 500, Dallas, Texas 75254. The company’s phone and fax numbers will remain the …
The U.K.’s leading insurance association, the Chartered Insurance Institute, announced that it has surpassed its 2003 membership target of 68,000 individuals 6 weeks early. It currently has 68,209 members, compared to 66, 432 at the end of December 2002. CII …
Bermuda’s XL Capital Ltd announced that Robert Lusardi, the CEO of XL Financial Products and Services, and David Shea, the unit’s CFO, have been appointed interim CEO and COO, respectively, in the office of the chairman of XL Weather & …
A.M. Best Co. announced that it has affirmed the financial strength rating of B++ (Very Good) of Malaysia’s Labuan Reinsurance Company Ltd. (Labuan Re), with a “stable” outlook. “The rating reflects Labuan Re’s improving underwriting performance, conservative investment portfolio and …
The Board of Directors of Bermuda-based White Mountains Insurance Group, Ltd. announced the election of Lowndes (Lon) Smith and Allan Waters as directors, and Jack Byrne as Chairman of the Executive Committee. Smith is the retired Vice Chairman of The …
