August 12, 2005
Clark Consulting, a national firm providing integrated compensation, benefits and financing solutions, will combine its executive benefits, banking and insurance company practices into a single unit to serve those markets. The new practice will be led by Les Brockhurst, current …
August 12, 2005
Louisiana Attorney General Charles C. Foti, Jr., will be the keynote speaker and will help kickoff the first annual ScamJam on Aug. 17, 2005, in Acadiana. The AG’s office said the one-day event is aimed at educating consumers about the …
August 12, 2005
Aetna and the Aetna Foundation will grant $175,000 to the trauma unit of Chicago’s John H. Stroger, Jr. Hospital. The grant will fund development of a model program of culturally appropriate end-of-life care, including palliative care, that can be shared …
August 12, 2005
Standard & Poor’s Ratings Services announced that it has affirmed its “BBB-” counterparty credit and senior unsecured debt ratings on Willis Group Holdings Ltd. and has revised the outlook to stable from negative. The rating actions could be an indication …
August 12, 2005
Royal & Sun Alliance, the U.K.’s second largest commercial insurer, had a good first half of 2005. Operating results rose 79 percent to 329 million pounds ($594 million), compared to 184 million pounds ($332 million) for the first six months …
August 12, 2005
A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating (ICR) of “aa-” of the core companies of the U.K.-based AVIVA Group. Best also affirmed the “a” ICR of the …
August 12, 2005
Calif.-based Risk Management Solutions will open an office in Hamilton, Bermuda. RMS made the announcement at a market seminar on the island that focused on recent technical developments in catastrophe modeling relevant to the insurance and reinsurance industry. The company …
August 12, 2005
Willis Group Holdings Limited announced that the suspension of the license of its Guangzhou, China, branch office to accept new business has now been lifted. Willis said the “suspension related to a misunderstanding in which representatives of the China Insurance …
August 12, 2005
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating (ICR) of “a” for U.K.-based W.R. Berkley Insurance (Europe), Limited, with a stable outlook. “The ratings reflect WRB’s strong capitalisation …
August 12, 2005
Standard & Poor’s Ratings Services announced that it has affirmed the long-term “A” insurer financial strength and counterparty credit ratings on Allianz Australia and its affiliate Allianz New Zealand, and has revised the rating outlook on the two companies to …