Acordia, the insurance brokerage subsidiary of Wells Fargo & Co., has promoted Cameron Rudolph to managing director for its Arizona operations. Rudolph has been in the insurance industry for 14 years. He joined Acordia in 2001 in Alaska managing Risk …
ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, announced that James J. Malloy has been appointed senior vice president and regional executive officer for ACE USA’s Southwest Region. Based in Dallas, Malloy will be responsible …
A new national survey reveals that 57 percent of American drivers admit they don’t use their turn signal when changing lanes, but what is most startling are the excuses drivers gave. According to Response Insurance, a national car insurer, 42 …
St. Paul Travelers reported the completion of a study that examines the type of claims involved in general liability and property losses in its Eagle 3 golf insurance program. The study analyzed some 21,000 such losses incurred by more than …
Munich Re AG, the world’s largest reinsurer by gross premiums, said Tuesday its fourth-quarter profit quadrupled and its annual earnings rose despite the furious series of hurricanes that struck the Gulf of Mexico last year. The company said its sale …
A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of Lancashire Insurance Company (Lancashire) under review with negative implications. Concurrently, A.M. Best has placed the ICR of “bbb-” of …
HCC Insurance Holdings Inc., headquartered in Houston, Texas, reported it has received regulatory and Lloyd’s of London approval to its previously announced acquisition of 23.6 percent shareholding in Heritage Underwriting Agency Plc. and had closed the transaction for an undisclosed …
Long-time insurance agent Bennie H. Kile Jr. of the Kile Insurance Agency in Sistersville, W.Va. has been indicted on seven insurance fraud felony counts according to Insurance Commissioner Jane L. Cline. A Fraudulent scheme covers multiple acts and victims. Each …
Maclean, Oddy & Associates Inc. announced it has appointed Eddie Wills to the position of assistant vice president and manager of the Underwriting Management Company of Maclean, Oddy & Associates. She will be headquartered in Dallas, Texas. Wills has over …
Austin, Texas-based American Physicians Service Group Inc. announced revenue increases for the fourth quarter and year-end 2005. APS is a management and financial services firm with subsidiaries and affiliates, which provide: medical malpractice insurance services for doctors; and brokerage and …
