American International Group Inc. directors Virginia M. Rometty and Michael H. Sutton will not seek re-election at the insurer’s annual meeting, an AIG filing with the U.S. Securities and Exchange Commission showed on Tuesday. The company usually holds its annual …
Insurers and reinsurers may have weathered the global financial crisis comparatively well so far, but they could be facing another threat. “We’re not capitalized enough,” was the way Michael O’Halleran, executive chairman of Aon Benfield, put it at the recently …
Tustin, Calif.-based Yates & Associates Insurance Services Inc. announced that Evon Rios has recently joined the company to lead the professional liability underwriting team. Rios began her insurance career more than 20 years ago as a clerk working at a …
As the drought in the Southwest worsens, the wildfire season in Arizona grows longer, burning more acreage and threatening private property in forested areas. “The Arizona State Forestry Division estimates more than 4,000 homes, businesses, and other structures were threatened …
Denver-based IMA Financial Group Inc., a diversified financial services company specializing in insurance, asset and risk management with 450 employees and offices in six markets nationwide, announced today that Leanna Clark has joined the company as senior vice president of …
For decades, Massachusetts had some of the nation’s highest automobile insurance premiums and was the last state to have rates determined by the government, not the open market. That changed one year ago this week, as Gov. Deval Patrick and …
