Monthly Archives: <span>June 2008</span>

Marsh Names Cameron UK CFO

Marsh announced the appointment of Angus Cameron as CFO of Marsh UK. He will join Marsh on August 18 and will report both to Martin South, CEO of Marsh UK and Marc Vassanelli, CFO of Marsh in Europe, the Middle …

Marsh Previews Report on Captives; Finds Higher Retentions

Marsh has released key findings from its Financial Institutions – Captive Benchmarking Analysis report, to be published in September. The bulletin described the study as the “most in-depth review of the use of captive insurance companies by global financial institutions.” …

China-U.S. Release Results of Strategic Economic Talks

The United States and China wrapped up two days of talks on Wednesday under a so-called “strategic economic dialogue” set up two years ago to ease tensions over trade and economic issues. They reported the following results. INVESTMENT TREATY NEGOTIATIONS: …

Nielsen Joins Thoits Insurance as CFO

San Jose, Calif.-based Thoits Insurance Service Inc appointed Eric Nielsen chief financial officer. Nielsen’s financial experience spans more than 20 years. He started his career as an accountant with KPMG Peat Marwick. He worked in the real estate industry when …

AIG Private Client Group Expands Wildfire Protection Services

AIG Private Client Group, a division of the personal lines property and casualty insurance subsidiaries of American International Group Inc., announced that its Wildfire Protection Unit service has doubled the number of trucks in its fleet and expanded its reach …

California State Fund Appoints Shiroma Program Manager

Matthew Shiroma has been promoted to program manager of the newly created contracts and purchasing department for California State Compensation Insurance Fund. The department oversees the purchasing of capital equipment, contracting for services, and contract management and administration. Shiroma joined …

Ind. Farm Bureau Named Grassroots Network Company of the Year

Indiana Farm Bureau Insurance, a long-time, active member of the Insurance Institute of Indiana, has been recognized by the association as the Institute’s Insurance Grassroots Network Company of the Year. The company was also honored as the recipient of the …

Grand Jury in West Virginia Indicts Mercer County Man on Insurance Fraud

A West Virginia court indicted a Welch, W.Va. man on two felony counts of filing a false claim with an insurance company, according to Insurance Commissioner Jane L. Cline. A Mercer County Grand Jury indicted Aaron D. Brown, 42, on …

Tennessee Implements Scrap Metal Theft Prevention Program

Tennessee Department of Commerce and Insurance Commissioner Leslie Newman named the members that will serve on an advisory committee for the department’s scrap metals registration program. The advisory committee is as follows: Don Denbo will be representing the industry, Bruce …

South Carolina Woman Pleads Guilty in Fires that Affected Several Homes

An Irmo, S.C. woman pleaded guilty but mentally ill to charges of setting a series of fires that destroyed four homes and damaged several others. Kimberly Wooten entered the pleas June 16 and will be sentenced July 21. Defense attorney …