August 25, 2005
Sky Financial Group Inc. announced the appointment of John S. Gulas as president and CEO of Sky Trust N.A. Additionally, Gulas will be responsible for Sky’s wealth management business, which include Sky Trust, Sky Retirement Services, Sky Investments and private …
August 25, 2005
Across the Southeast’s major metropolitan areas auto theft deceased dramatically in 2004, accompanied by a slight drop in auto theft nationally, according to the National Insurance Crime Bureau’s annual Hot Spots Report for 2004. These statistics should reflect positively on …
August 25, 2005
The owners of a Rhode Island nightclub where 100 people were killed in a 2003 fire are scheduled to go to trial Sept. 30 to determine whether they are able to pay tens of thousands of dollars to the families …
August 25, 2005
Swiss Re announced group net income of CHF 1.353 billion ($1.074 billion) for the first half of 2005, a 6 percent decline, compared to the CHF 1.441 billion ($1.144 billion) it earned in the same period of 2004. The world’s …
August 25, 2005
Concurrently with its 1st half earnings release (See related article), Swiss Re’s Board of Directors announced that Jacques Aigrain, currently Deputy CEO, has been appointed to succeed John Coomber, who will retire effective December 31 2005. Coomber will stand for …
August 25, 2005
Allied World Assurance Company, Ltd. [AWAC] has announced the following management changes: — Daniel Brandon has been promoted to the position of senior vice president, Professional-Specialty Lines Treaty Reinsurance — Mike McCrimmon has been promoted to the position of senior …
August 25, 2005
Typhoon Mawar is reported to be nearing Japan’s main island of Honshu. It is currently a category 2 storm with sustained winds of 105 mph (168 kph). Mawar’s path has been erratic and it’s still unclear whether or not it …
August 25, 2005
Bermuda-based Endurance Specialty Holdings Ltd., a global provider of property and casualty insurance and reinsurance, announced that Mark Silverstein has joined Endurance Services Limited as the company’s new Chief Investment Officer. He has 19 years of professional experience in investments, …
August 24, 2005
William Newton, president of Los Angeles-based Lemac & Associates announced that they have added a new market for residential contractors in California. With a Best’s rating of “A” VIII and a minimum premium of $25,000, this non-admitted market is priced …
August 24, 2005
Although yet to be unveiled, it appears the California Department of Insurance will be introducing the third iteration of its broker fiduciary responsibility regulations. American Agents Alliance Executive Director Ken Nigohosian said, “The Alliance has been working in tandem with …