West Virginia officials announced that a Raleigh County woman pleaded guilty to fraudulently obtaining workers’ compensation benefits exceeding $3,800.00. On May 15, 2007, a Raleigh County Grand Jury indicted Angel M. Delung, 34, of Shady Springs, W. Va., on one …
Hylant Group, the nation’s seventh largest privately held commercial insurance brokerage, recently named Patrick Savage as the regional chief operating officer in Michigan. His position will serve Hylant’s offices in Detroit, Ann Arbor and Grand Rapids, and he will be …
Worker’s Compensation Fund, one of Utah’s largest insurance companies, is working to recover a laptop stolen from an auditor’s car that held personal data records for some 2,800 people. The laptop was taken Dec. 9 while the car was parked …
Harvey Insurance Group, a Mid-Atlantic independent insurance broker, reported that Brian Dietrich has been named executive vice president. As a member of the senior management team at HIG, Dietrich will be responsible for oversight of the day-to-day operations and strategic …
Bermuda-based White Mountains Insurance Group, Ltd. announced that its subsidiary White Mountains Re has acquired Helicon Re Holdings, Ltd. for approximately $150 million. Helicon Re Holdings is the parent of Helicon Reinsurance Company, Ltd. It had “GAAP shareholders’ equity of …
XL Capital Ltd. announced that Clive R. Tobin will retire effective April 1, 2008 from his role as Chief Executive of the Company’s Insurance Operations. He will continue to assist XL with strategic opportunities in emerging markets. David B. Duclos, …
Standard & Poor’s Ratings Services has affirmed its ‘BBB’ counterparty credit and senior debt ratings on Bermuda-based Allied World Assurance Co. Holdings Ltd. and affirmed its ‘A-‘ counterparty credit and financial strength ratings on Allied World’s operating subsidiaries with a …
Hub International Ltd. announced that Hub International of California Insurance Services Inc. (HUB California) has acquired JRN Benefits, Inc. Financial terms of the acquisition were not disclosed. Based in Santa Barbara, Calif., the $1.2 million revenue broker provides employee benefits …
Standard & Poor’s Ratings Services has revised its outlook on San Diego, Calif.-based Arrowhead General Insurance Agency Inc. to negative from stable. At the same time S&P affirmed its ‘B’ counterparty credit rating on Arrowhead as well as its ‘B’ …
Schererville, Ind.-based Skelton & Carnegie Insurance Specialty Corp. recently merged with All Sure Co. and will operate as Skelton, Carnegie & Hitzeman. The two principals, James M. Skelton and Larry R. Hitzeman, with combined experience in excess of 65 years, …
