May 20, 2010
Senators have removed a North Carolina budget proposal provision that sought to shift decisions on insurance rates to the hands of a seven-member board. The Senate Appropriations Committee voted to delete lines that would have abolished authority of the insurance …
May 20, 2010
Pennsylvani-based insurer Millers Capital Insurance Co. has named Tamrah Grae Thomas as vice president and chief marketing officer. She has more than thirteen years experience in the property and casualty insurance industry, having most recently served in the area of …
May 20, 2010
John M. Glover Agency has acquired APS San Angelo Insurance Agency based in Waterbury, Connecticut. Terms of the deal were not released. APS San Angelo has been doing business in the Waterbury area for over 50 years. John Forlivio, president …
May 20, 2010
The Coalition for Competitive Insurance Rates (CCIR) has issued a bulletin commending the European Union for “speaking out against a controversial tax proposal on affiliated reinsurance included in President Obama’s FY2011 budget proposal. In a series of letters sent to …
May 20, 2010
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Platinum Underwriters Group and its members. Best also has affirmed the ICR of “bbb” of Platinum Underwriters Holdings, …
May 20, 2010
Bowring Marsh, the Specialist International Placement Broker at Marsh, has expanded its Asian presence with the opening in Tokyo of its eighth office, which will specialize in property, earthquake and business interruption risks. Marsh said the office will “place large …
May 20, 2010
Aon Benfield announced that it is “broadening its capabilities and bringing together its academic and industry research relationships under one banner – Aon Benfield Research.” Aon said the team will deliver “relevant research material and help re/insurers enhance their understanding …
May 20, 2010
GAB Robins announced that it is launching a suite of Broker Services to “help intermediaries work more efficiently and enhance the standard of their claims services for their clients at this year’s British Insurance Brokers’ Association (BIBA) conference.” The system …
May 20, 2010
HealthLeaders-InterStudy, a Nashville, Tenn.-based provider of managed care market intelligence, reports that the high uninsured rate in the Dallas, Texas, area is contributing to an increase in premiums employers pay to provide health benefits for their employees. According to the …
May 20, 2010
The California South Bay Chapter of the National Association of Insurance Women (International) elected its offices for the 2010-2011 term, begining July 1. Elected for a second term of office as president is Carleen Armstrong, commercial accounts manager with Driscoll …