December 4, 2006
The parent of Employers Insurance Co. of Nevada has won state authorization to convert from a mutual to a publicly traded stock company — and in the process give its 6,500 members cash and stock that could add up to …
December 4, 2006
Fox Point Programs based in Wilmington, Del., has partnered with underwriters at Lloyds of London to offer errors and omissions insurance for securities brokers-dealers. The coverage provides protection against allegations of wrongful acts committed by the insured as well as …
December 4, 2006
Companies that help businesses track and search their e-mails and other electronic data are experiencing a surge of interest in the wake of federal rule changes that clarify requirements to produce such evidence in lawsuits. Roger Matus, chief executive of …
December 4, 2006
Kelly Turton, founder and former president of Freeway Insurance Services, has been named CEO of Wizard Lizard LLC in Irvine, Calif. Steve Triano, the former director of software development at Freeway has been named CTO of Wizard Lizard. Turton brings …
December 4, 2006
People with employer-sponsored health coverage choose to enroll in traditional plans over consumer directed products, which have been touted as a way to lower health care costs, according to a survey released Friday. The study also found that 39 percent …
December 4, 2006
Willis Group Holdings, an insurance broker, has added three senior level executives in its Denver office. The appointments of Dennis Miceli, senior vice president and employee benefits practice leader; Brian Janeck, senior vice president; and Bethany Ross Peterson, vice president …
December 4, 2006
A number of factors including Solvency II and Basel II legislation in Europe and rating agency enterprise risk management (ERM) criteria in North America are driving the economic capital trend and insurers are becoming increasingly active in this space, according …
December 4, 2006
Strategic Independent Agents Alliance (SIAA) announced that Cumberland Insurance Group, LLC of Cookeville, Tenn. has established Independent Agents Alliance of Tennessee as an SIAA Master Agency. As a master agency, the Independent Agents Alliance of Tennessee will make SIAA benefits …
December 4, 2006
The insurance subsidiary of Northeast Bank, Northeast Bank Insurance Group, Inc. has acquired the Palmer Insurance Agency of Turner, Maine. Palmer has six employees and generated $4 million in gross premiums over the past year. The current leadership, including owner …
December 4, 2006
Rental car companies are not liable for accidents that result from their unknowingly leasing a car to a motorist who lies about having a valid driver’s license, the Mississippi Supreme Court has ruled. The court, in a recent 5-4 decision, …