April 5, 2004
Boston-based Liberty Mutual Group announced that the sale of its Canadian personal lines business, consisting of private passenger automobile, homeowners and personal property insurance, to Meloche Monnex, Inc., a member of TD Bank Financial Group, has been completed. “The transaction, …
April 5, 2004
A recently released Swiss Re Sigma study has concluded that as the complexity of risk increases brokers face a greater demand for their services. The report entitled ‘Commercial insurance and reinsurance brokerage – love thy middleman’, examines developments in the …
April 5, 2004
New York State Comptroller Alan Hevesi said he has withdrawn his subpoena of a state office that had refused to submit to an audit of its books. The state insurance department has agreed to participate in the first step of …
April 5, 2004
Pointing to doctors who say the cost of practicing medicine in Rhode Island is becoming prohibitive, Gov. Don Carcieri has proposed capping the amount of money medical malpractice victims can receive for pain and suffering. The governor’s proposed legislation would …
April 5, 2004
Caryn Siebert Caryn Brenna Siebert has been selected as president and CEO of Orange, Calif.-based Carl Warren and Company. Siebert previously served as vice president & national director of claims operations at Safeco Insurance Company. Siebert, an attorney and former …
April 5, 2004
Dan Pettigrew Caliber Collision Centers, which operates collision repair facilities in California and Texas, named Dan Pettigrew as executive vice president of Operations. In this position, Pettigrew assumes responsibility for the oversight of all center operations in California and Texas, …
April 5, 2004
Patrick Gallagher Patrick Gallagher was appointed president and CEO of Florida-based American Superior Holding Co. and its affiliates. Gallagher comes to American Superior with 38 years of insurance experience including executive positions with Poe Financial Group, American Modern Insurance Group …
April 5, 2004
Evan Greenberg The board of directors of Bermudan insurer ACE Ltd. has elected its president, Evan G. Greenberg, to the additional post of CEO, effective May 27, 2004. Greenberg was formerly a top executive at American International Group and is …
April 5, 2004
Grace Marrano The Protector Group Insurance Agency of Worcester, Mass., has three new additions to its management staff. Grace H. Marrano is the new employee benefits manager. She is responsible for managing employee benefits account managers, as well as policies …
April 5, 2004
Many recent media accounts would have us believe that prior loss history reports have single-handedly caused an availability crisis and have halted the sale of existing homes. One of the most contentious issues surrounding homeowners insurance this year is insurer …