Monthly Archives: <span>April 2006</span>

Western Security Surplus Adds March as Broker

Western Security Surplus Insurance Brokers Inc., Pasadena, Calif., has added Tony March to its underwriting staff as broker. March began his insurance career in 1988 at The Sullivan Group in Seattle as junior underwriter and rotated through a number of …

California State Compensation Insurance Fund Names Acker Human Resources Manager

Andreas Acker, 37, has been appointed human resources manager for California’s State Compensation Insurance Fund. Acker started his State Fund career in 1992 when he joined the organization’s human resource department as a personnel consultant. In 1999 he was promoted …

Hawaii Says Stolen Records Could Lead to Thousands of ID Thefts

Hawaii revealed that more than 43,000 people, nearly half of them government employees, are at risk of identity theft. The case involves the making of unauthorized copies of insurance company records that list the names and Social Security numbers of …

TD Banknorth Continues Expansion in N.J. with Interchange Acquisition

TD Banknorth Inc., headquartered in Portland, Maine, is acquiring Interchange Financial Services Corporation for $480.6 million in an all cash transaction. Headquartered in Saddle Brook, New Jersey, Interchange had $1.6 billion in assets and $1.3 billion in deposits at December …

Mass. Couple Charged in Glass-Eating Insurance Fraud

A Massachusetts man was arrested on charges that he, along with his wife, submitted false insurance claims that they had ingested glass found in food they had eaten at restaurants and grocery stores in Massachusetts, Rhode Island, Maryland and the …

Doyle Named CEO at National Union; Maleno Advanced at American Home

American International Group, Inc. announced that John Q. Doyle, president of American Home Assurance Company, has also been named AIG senior vice president for domestic general insurance and president and chief executive officer of National Union Fire Insurance Company of …

ACE Europe Enhances Liability Cover for Investment and Fund Managers

ACE European Group is launching an enhanced range of covers as part of its Elite Investment Management Insurance product. This is in response to increased exposure to litigation and a growing demand for the investment and fund management sector to …

Hanover Names Leonelli for VP for Conn., R.I.

The Hanover Insurance Group, Inc. has named Daniel J. Leonelli, regional vice president for commercial lines for the company’s Connecticut and Rhode Island territory. Leonelli will work out of the The Hanover’s Glastonbury, Connecticut office, reporting directly to Michael Christiansen, …

China Launches Nationwide Insurance Overhaul to Promote Growth

The China Insurance Regulatory Commission (CIRC) said it will begin thorough investigations into the country’s insurance companies this month to promote the healthy growth of the fledgling insurance market. The three-year project is aimed at comprehensively examining the practices in …

Philly Insurance Agent Wins Seat in Italy’s Parliament

A Philadelphia insurance agent and a Chicago bakery owner, both newly elected to Italy’s parliament, say Italians living abroad should gain new recognition now that they for the first time have their own representatives. “I hope Italians get to know …