June 8, 2010
London-based independent wholesale, reinsurance and specialist broker Cooper Gay and Atlanta-based U.S. wholesale broker Swett & Crawford confirmed in joint bulletins that they are in advanced deal discussions. Plans call for the combining the two companies into “a new group …
June 8, 2010
CNA Financial Corporation announced that it has completed the sale of its Argentinean subsidiary, CNA Aseguradora de Riesgos del Trabajo (CNA ART S.A.), to QBE the Americas, the Australia-based insurer and reinsurer. The sale price was $66.3 million, which CNA …
June 8, 2010
Cody Ritchie and other senior members of the BBVA Compass Insurance Agency of Tucson, Ariz., have acquired the firm’s assets to form a new company called Crest Insurance Group. The sale returns the agency’s ownership and management to Tucson. Ritchie …
June 8, 2010
Aon eSolutions, the technology solutions business of Aon Corporation and Aon Global Risk Consulting will offer public entities a holistic claims tool that combines browser-based claims technology with claims consulting services. The two-pronged approach is designed to help organizations optimize …
June 8, 2010
United Insurance Holdings Corp., a property and casualty insurance holding company, has announced that United Property & Casualty Insurance Company (UPC), a wholly-owned subsidiary, was approved to begin writing property and casualty insurance in the state of South Carolina as …
June 8, 2010
Navigators Insurance Co. and Victor O. Schinnerer & Co., Inc. have launched a non-profit D&O program. Schinnerer will act as program administrator for Navigators. The admitted filing of this countrywide program is currently under way and 44 states, the District …
June 8, 2010
California workers’ compensation total direct written premium (DWP) fell nearly 10 percent last year, dropping to a nine-year low of $6.9 billion, according to market share data from the National Association of Insurance Commissioners (NAIC) released by the California Department …
June 8, 2010
Midlands Management Corp. has introduced a public entity multi-line package designed for select public entity risks that want to gain more control over their casualty exposures by accepting a self-insured retention (SIR) and implementing a proactive claims management partnership and …
June 8, 2010
Seattle-based SeaBright Insurance Holdings Inc. announced that it has changed its corporate name to SeaBright Holdings Inc. to better reflect the different products and services offered by SeaBright’s subsidiary companies. The company’s New York Stock Exchange ticker symbol “SBX” will …
June 8, 2010
The Insurance Women of Los Angeles Inc. (IWLA) has installed its 2010-2011 cabinet: President Susan Fife, controller at Hoffman Brown Co.; President Elect Cynthia Andrachick, marketing specialist for Wells Fargo Insurance Services USA Inc.; Treasurer Sharon Rosenthal, account manager for …