September 1, 2010
Washington, D.C.-based specialty insurer Clements International has named Tarun Chopra as vice president of finance. Chopra has 17 years of experience in finance, accounting, strategy and mergers and acquisitions leadership with companies — including Fannie Mae, Whirlpool Corp. and Ernst …
September 1, 2010
Despite the devastation from Hurricane Katrina in 2005, Louisiana Insurance Commissioner Jim Donelon says the state’s insurance market is stronger now and that the “outlook for continued market recovery is positive.” Donelon credited several key factors for the market’s recovery, …
September 1, 2010
ProAssurance Corp., headquartered in Birmingham, Ala., and Austin, Texas-based American Physicians Service Group Inc. (APS) announced that ProAssurance plans to acquire all the outstanding shares of APS in an all-cash transaction for $32.50 per share. The transaction is expected to …
September 1, 2010
A federal judge says a suburban Philadelphia school district embroiled in a laptop spying scandal must pay a family’s lawyer about $260,000. Lower Merion School District was ordered Monday to pay attorney Mark Haltzman for work done in a civil …
September 1, 2010
Showing your home’s storm damage to an insurance adjuster should be a feeling of relief rather than high anxiety. An adjuster arriving at your residence means you are that much closer to having your home repaired and your life returned …
September 1, 2010
A new highway and traffic survey says nearly 90 percent of Connecticut motorists are using their seat beats, a statistic Gov. M. Jodi Rell says is an all-time high for the state. Rell announced Sunday that a National Highway Traffic …
September 1, 2010
Markel Corp. announced that it has promoted John Latham to president, wholesale division, and Steve Girard has been promoted to executive vice president, southeast regional operations. Latham will continue to oversee Markel’s regional offices located in Virginia, Texas, Arizona, California, …
September 1, 2010
The long, flowing black hair that tumbles out of NFL star Troy Polamalu’s helmet and down his back has been insured for $1 million by Head and Shoulders, the shampoo brand that is endorsed by the Pittsburgh Steelers player. The …
September 1, 2010
The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency specializing in property/casualty and life/health insurance, and financial planning, has opened three new branch locations in Texas. Darrell Barfield and Tom Sowell have opened a new branch location …
September 1, 2010
A group of 19 U.S.-based property/casualty reinsurers wrote $12.3 billion of net premiums during the six-months ended June 30, 2010, a decrease from the $12.8 billion net premiums written in the first six months of 2009. According to a survey …