On the day when billionaire investor Warren Buffett was interviewed by investigators and said he told them everything he knew, Maurice Greenberg, former chairman of American International Group, revealed that he would not be able to answer questions when he …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) and has assigned an issuer credit rating of “aa-” to the Bermuda-based XL Capital Group and its subsidiaries. Best also said it has affirmed XL …
Advisen Ltd., a provider of analytics, benchmarking and market information to the commercial insurance industry, and Assurex Global, a privately held risk management and commercial insurance brokerage group, have announced a new strategic partnership designed to offer Advisen’s services to …
Zurich’s U.S.-based unit will provide political risk insurance for construction and operation of a modern silver and tin mining operation in Bolivia. The Overseas Private Investment Corporation (OPIC) is co-insuring the project with political risk coverage. Zurich’s political risk unit …
Bermuda-based PartnerRe Ltd. has announced final settlement of the accelerated share repurchase announced by the Company in December 2004. “Deutsche Bank AG London Branch has completed its purchase of 2 million shares of PartnerRe common stock,” said the announcement. “The …
Brown & Riding Insurance Services announced that Ben Hernandez has joined the company as vice president of Finance and Administration. Hernandez brings 30 years of experience in the insurance industry to Brown & Riding. Most recently, he served as COO …
An investigation by the California Department of Insurance Investigation Division resulted April 8 in the arrest of a Costa Mesa insurance agent. William Earl Stone was arrested at his Costa Mesa business office and transported to the Orange County Jail …
Lockton Companies, an independently owned insurance broker, has appointed Mark Blocker to the post of vice president, Employee Benefits Consultants. Blocker will focus on client development and will be based in Chicago. During Blocker’s 28 year career, he has held …
William “Twig” Branch has been appointed as the Leavitt Group’s vice president of Development, southeastern states. Branch will help build the Leavitt Group in the southeastern United States, operating out of Charlotte, North Carolina. The Leavitt Group currently has three …
Dan Ramsey, president and CEO of the Independent Insurance Agents of Oklahoma sent a message to agents in that state encouraging them to attend IIAO Day at the Capitol on April 27, 2005. Urging agents to become actively engaged in …
