The Main Street America Group announced today Gregg Effner has joined the company as assistant vice president of distribution management. Effner, who has 30 years of property-casualty industry experience, will be based at the company’s corporate headquarters in Jacksonville, Fla., …
Iowa Gov. Chet Culver said he will request federal funds to help eastern Iowa recover from tornadoes that struck last week. Culver said he will seek Presidential Disaster Declarations for Louisa and Muscatine counties, both of which were hit hard …
Tower Group, Inc. reports that Steven G. Fauth, a director of Tower Group, Inc. and senior vice president of claims of its insurance subsidiaries, will resign from these positions to pursue other professional opportunities. The company said his responsibilities will …
GNY Insurance Companies has expanded its business operations in the Midwest. The company is currently adding staff to better handle the business growth that began when it started writing in the Midwest earlier this year, according to Warren Heck, GNY …
C.V. Starr & Co. announced that Jeffrey M. Hafter has been promoted to president, replacing William J. Weichold, who retires after a 24 year career with the company. Hafter, 41, was recently executive vice president of C.V. Starr & Co. …
A former paralegal at a New York law firm has been indicted on charges of posing as a licensed attorney and stealing more than $284,000 from his employer. Brian Valery practiced law at Anderson Kill & Olick for about two …
A report published by Standard & Poor’s Ratings Services with the rather lengthy title “Established Regulatory & Legal Environment Gives Malaysian Takaful Market The Edge Over Gulf Cooperation Council, But Competition Will Hit Earlier,” examines the two markets. S&P initially …
Standard & Poor’s Ratings Services has revised its outlook on Russia-based insurer Neftepolis Insurance Co. LLC to positive from stable, “as a result,” said the announcement, “of closer integration with Russia-based SOGAZ Insurance Group, with which the company merged in …
Willis Group Holdings Chairman and CEO Joe Plumeri, at a press conference in Shanghai, spoke of the global broker’s commitment to the Chinese market. “We are focusing our business on domestic companies so that we can make a difference in …
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Russian insurer Ingosstrakh Insurance Co. to “BBB-” from “BB+,” and affirmed its “ruAA+” Russia national scale rating. The outlook is stable. “The upgrade …
