It happens all across the country: people purchase used cars without realizing they were totaled in crashes, floods and other disasters. These buyers end up paying more than the car is truly worth, often face steep repair bills, and — …
Wholesale insurance brokerage firm Swett & Crawford in Atlanta has appointed Rick Spivey as marketing manager for Risk Reducers, a workers’ compensation unit acquired by Swett & Crawford in January. Risk Reducers writes workers’ compensation and specialized property and casualty …
Aon Corp. said that Richard Resnick, formerly of the Willis Construction practice, has joined Aon Construction Services Group as regional director of wrap-ups. In his new position, Resnick is responsible for providing oversight, direction and strategic leadership to Aon’s wrap-up …
Narragansett Bay Insurance Co. in Pawtucket, Rhode Island, has added Mark Talerico as chief risk officer. Overseeing Narragansett Insurance’s distribution of risk in homeowners insurance, Talerico will guide the company’s exposure management. Prior to joining Narragansett Bay, Talerico worked as …
West Chester, Pa.-based Venture Insurance Programs, a national program administrator, recently named Michael Rogers as executive vice president and managing director of a new specialty property unit. Rogers will establish a start-up program for Venture specializing in the production and …
Lester B. Knight, an independent director since 1999, has been elected non-executive chairman of the board of Aon Corp. Knight, 50, succeeds Patrick G. Ryan, Aon’s executive chairman and founder, who previously announced his intention to retire on Aug. 1, …
ACE Limited reported that it has completed the previously-announced re-domestication of the company from the Cayman Islands to Zurich, Switzerland. ACE said it continues to be registered with the Securities and Exchange Commission (SEC) and prepare its financial statements in …
Labor unions representing more than 1,000 workers at the four-star Greenbrier resort in West Virginia have given what they call a comprehensive contract proposal to management. Harold Bock is chief negotiator for the nine unions involved. He said that while …
Houston-based HCC Insurance Holdings, Inc. reported that it has reached a settlement with the U.S. Securities and Exchange Commission over its stock option granting practices. HCC said it consented to a permanent injunction against future violations of the reporting, books …
Paul McCulloch joined American E&S Insurance Brokers as senior vice president and broker in its Nashville, Tenn. office. McCulloch will focus on building national programs and facilities. With more than 20 years in the insurance industry, McCulloch specializes in financial …
