Kansas City, Mo.-based Ascension Insurance, Inc. has announced the appointment of P. Stephen Harris as its general counsel. Founded in August 2007, Ascension has garnered an initial $50 million in private equity funds to pursue a consolidation strategy focused on …
Dale Simmon of the Simmon Insurance Agency in Lansing has been named president of the Michigan Association of Insurance Agents (MAIA). As president, Simon will work with the MAIA board of directors and staff to implement policies in the areas …
A Seattle accident that killed a visitor from Connecticut celebrating his 25th anniversary has drawn attention to the lack of regulations governing pedicabs, some of which have been criticized for reckless pedaling. Peter Dzioba, 60, a father of four from …
A jury has awarded $8.5 million to the widow of a Modesto, Calif., man who died on the day a surgeon was going to discharge him from the hospital. Because of medical malpractice limits, 38-year-old Holly Stinnett likely will receive …
Liberty Mutual’s Responsibility: What’s Your Policy? television ad campaign has enjoyed great success on television, generating lots of buzz for the company. The campaign has earned free publicity including mentions on The Tonight Show and MSNBC. But the Boston-based insurer …
Aon Risk Services, the retail brokerage and risk management unit of Aon Corp., announced Stuart Rover has joined the firm’s Los Angeles office as senior account executive. In this role, Rover is responsible for servicing client needs, expanding client relationships …
A.M. Best Co. has commented that the issuer credit rating (ICR) of “a-” of Philadelphia Consolidated Holding Corp. of Bala Cynwyd, PA is unchanged as a result of the recent announcement that Japan’s Tokio Marine Holdings, Inc. has entered into …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Hong Kong-based HSBC Insurance (Asia) Limited with a stable outlook. “The ratings reflect HSBC Insurance’s sound underwriting earnings, leading market presence …
Bermuda-based Validus Holdings, Ltd. announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). “The registration statement, which became effective upon filing with the SEC, will permit the company to offer …
(Washington, D.C.) Clements International announces it has been formally accepted as an association member of the Council of Insurance Agents and Brokers (CIAB). Being a member of the CIAB enhances Clements’ ability to build professional relationships with other industry leaders. …
