Monthly Archives: <span>July 2009</span>

Brown Named CEO of Aon Limited

Aon Limited, the UK subsidiary of Chicago-based Aon, announced the appointment of Rob Brown as CEO, subject to the approval of the UK’s Financial Services Authority (FSA). He will continue in his role as CEO of Aon Corporate & Affinity, …

Flagstone Re Makes Offer for IPC Re

Bermuda-based Flagstone Reinsurance Holdings Limited has tossed its hat into the ring of potential merger partners for IPC Re. The company announced that it has made an offer to the Board of IPC Re to acquire all of the company’s …

Keeling Named Guy Carp President, CEO – International Operations

Guy Carpenter & Company announced that it has named Henry Keeling as President & Chief Executive Officer of International Operations, effective August 1, 2009. He will also chair Guy Carpenter’s International Board and will be responsible for its operations in …

London American Risk Specialists Offers Haz Mat Haulers Coverage

Houston, Texas-based London American Risk Specialists Inc. is offering a new market for hazardous waste transporters/haulers for hire or transporting own product between commercial locations (no residential delivery). Typical loads include chemicals, petroleum products, hazardous waste solvents, contaminated soil or …

Economist: Midwest Economy Improves

A survey of business leaders in nine Midwestern and Plains states suggests that the region’s economy continues to show signs of improvement, but job losses persist. The Mid-America Business Conditions index released July 1 rose to its highest level since …

American Safety Insurance Acquires Oklahoma’s Victore Insurance Co.

Bermuda-based American Safety Insurance Holdings Ltd. reported that its American Safety Casualty Insurance Company (ASCIC) subsidiary has acquired, for cash, Victore Insurance Company (VIC), an Oklahoma domiciled admitted insurance company headquartered in Oklahoma City. VIC provides customized bonding solutions for …

Pape Appointed to Specialty Underwriters’ Alliance Board

Chicago-based Specialty Underwriters’ Alliance Inc. announced that Mark E. Pape has been appointed to its board of directors. Pape, a seasoned insurance executive, is currently a partner at Tatum LLC, the largest executive service firm in the nation focused on …

Louisiana Commissioner: Session Successful for Insurance Bills

Louisiana Commissioner of Insurance Jim Donelon says the recently adjourned 2009 Regular Session of the Louisiana Legislature was a success when it came to insurance legislation. The Department of Insurance (DOI) saw 20 out of its 21 proposed insurance bills …

Louisiana Workers’ Compensation Corp. Names Scholarship Recipient

Mary K. Stelly of Arnaudville, La., has been selected as the 2009 recipient of the Stephen W. Cavanaugh Scholarship, awarded annually by the Louisiana Workers’ Compensation Corporation (LWCC) to an outstanding Louisiana student majoring in an insurance-related field. Stelly will …

Farmers Acquisition of 21st Century Insurance Finalized

Los Angeles-based The Farmers Insurance Group of Companies has completed the acquisition of 100 percent of AIG’s U.S. Personal Auto Group, which includes 21st Century Insurance. In addition to 21st Century Insurance, the acquisition includes the former AIG Direct business …