American International Group Inc. announced that Michael E. Roemer will join the company as director of internal audit and will be appointed a senior vice president. Roemer succeeds Keith L. Duckett, who has been named AIG vice president of administration. …
New Jersey Division of Criminal Justice Director Vaughn McKoy announced that a Gloucester County man has pleaded guilty to theft and falsifying records for fraudulently collecting more than $11,000 in workers’ compensation benefits while employed. According to Insurance Fraud Prosecutor …
Bermuda-based American Safety Insurance Holdings Ltd. has reported that earnings from insurance operations increased to $3.0 million in the second quarter of 2005 from a loss of $1.7 million for the same quarter in 2004. Net earnings for the second …
Safeco declared a regular dividend of $0.25 per share on its common stock. The dividend is payable Oct. 24, 2005 to shareholders of record on Oct. 7, 2005.
Bermuda-based Endurance Specialty Holdings Ltd., a provider of property and casualty insurance and reinsurance, announced the appointment of Therese Vaughan to its Board of Directors. Dr. Vaughan became the Robb B. Kelley Distinguished Professor of Insurance and Actuarial Science at …
The McIntyre Group, based in Cherry Hill, N.J., has added Michael A. Geiger to its account management team. Geiger will be responsible for overseeing large clients with complex risk exposures at The McIntyre Group. Geiger has extensive experience in task …
Cincinnati, Ohio-based American Financial Group Inc. (AFG) reported net earnings for the 2005 second quarter of $81.6 million ($1.04 per share), significantly above the $55.9 million ($.75 per share) reported for the second quarter of last year. The increase results …
Encino, Calif.-based NAS Insurance Services is introducing a new program whereby property owner/manager insureds can add Tenant Discrimination Liability Insurance to their property insurance for $500 additional premium. The Tenant Discrimination limit is $1,000,000 per claim and in the aggregate. …
The Florida Attorney General’s Office is investigating why Arthur J. Gallagher & Co. sent a $1.3 million refund check to the City of Gainesville, Fla. to reimburse the city for overcharges that took place over 14 years. The Attorney General’s …
Cypress Benefit Administrators, an Appleton, Wisc.-based third-party insurance administrator, has purchased H.E.P. Admistrators of Oconomowoc. Terms of the sale were not disclosed. Customers of H.E.P. in Wisconsin, Illinois and Iowa will have more product and technology options, Cypress said. Cypress …
