The Independent Insurance Agents & Brokers of America (the Big “I”) has expanded its Capitol Hill staff by hiring Thomas C. Koonce as its new assistant vice president for federal government affairs, effective July 17. Koonce, previously the manager of …
Reinsurance broker John B. Collins Associates Inc. announced that David Galleger has joined the Dallas office of Collins as a vice president. Galleger will ” help meet the rapidly growing business opportunities and client demands we’re experiencing in the southern …
Argonaut Group, Inc., based in San Antonio, Texas, has expanded its Select Markets segment line of products and services to include the retail shopping center marketplace. Highlights include specialized benefits such as coordinated policies for comprehensive landlord-tenant liability coverage, signage …
Overland Park, Kan.-based Brooke Credit Corp., the finance subsidiary of Brooke Corp., announced selected June 2006 results. Michael Lowry, president, announced loan portfolio balances for Brooke Credit Corp. on June 30, 2006, totaled approximately $377.4 million, compared to loan portfolio …
AmerUs Group Co., a leading producer of life insurance and annuity products, confirmed today that it is engaged in discussions with Aviva plc regarding a potential acquisition of the company by Aviva. The Company said that there can be no …
The family of a boy who was shot to death by a boy in his foster home will receive a $100,000 settlement from the boy’s former foster parents, but a lawsuit against the state continues. The insurance carrier for former …
The New York-based Tower Group, Inc. announced that it has concluded, through commutation agreements, PXRE Reinsurance Company’s participation under various reinsurance agreements with Tower Insurance Company of New York covering the 2001, 2002 and a portion of the 2003 policy …
A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating of “a” of Bermuda-based Rembrandt Insurance Company, Ltd., a captive operation of Vitol Holding B.V. (Rotterdam), a global oil trading company. The outlook …
A.M. Best Co. has assigned a Best’s Syndicate Rating of “A” (Excellent) and an issuer credit rating of “a” to Lloyd’s Syndicate 2020, managed by Wellington Underwriting Agencies Limited (WUAL). The outlook for both ratings is stable. “The ratings reflect …
A.M. Best Co. has downgraded the issuer credit rating (ICR) to “bbb” from “a-” of the U.K.-based Wellington Underwriting plc (WU), the non-operating holding company of the Wellington group. At the same time, Best assigned debt ratings of “bbb-” to …
