Republican state Sen. Ralph T. Hudgens will be the new Georgia insurance and fire safety commissioner. Hudgens defeated Democrat Mary Squires, garnering 54 percent of the vote to 42 percent for Squires. Hudgens will succeed fellow republican John Oxendine as …
A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable for the ratings of Germany’s Hannover Rueckversicherung AG (Hannover Re) and its related debt issues and rated subsidiaries. Best also affirmed the financial strength rating …
Bermuda-based Montpelier Re Holdings Ltd. reported operating income of $0.86 per share, $60.7 million total, and comprehensive income of $1.28 per share, $90.8 million total, slightly higher than the net income figure due to the inclusion of other income items. …
Bermuda-based Alterra Capital Holdings Limited reported net income of $82.8 million, or $0.70 per diluted share, for the third quarter of 2010, compared to net income of $95.3 million, or $1.64 per diluted share, for the same quarter of 2009. …
The Cooper Gay Swett & Crawford Group (CGSC) announced that the company has accepted the resignation of Jim Summers, CEO of the Group’s UK based Lloyd’s broker, Cooper Gay & Co. Ltd. Toby Esser CGSC Group Chief Executive, will take …
Los Angeles-based Mercury General Corp. reported net income of $96.8 million in the third quarter, compared with $157.7 million for the same period in 2009. For the nine months of 2010, net income was $175.8 million compared with $368.8 million …
Irvine, Calif.-based SullivanCurtisMonroe has added Mark Jewell as an account executive in its Pasadena Office. Jewell joins SCM from Sun Life Financial Group, where he was an executive consultant. Prior to his transition to the insurance industry, he spent 16 …
Brown & Brown Inc. has announced the asset acquisition of Seattle-based Rogers & Norman Inc. Established in 1956, and with annual revenues of approximately $3.2 million, Rogers & Norman offers insurance products and services to businesses and individuals throughout the …
California voters have elected Assemblyman Dave Jones to be the state’s next insurance commissioner. Jones, a Democrat, won 51 percent of the vote to defeat Republican Mike Villines, who was favored by the insurance industry. Jones will succeed Republican Steve …
San Diego, CA, 11/03/2010 – ARROWHEAD General Insurance Agency, Inc., a leading provider of property and casualty insurance programs and one of the nations largest program managers, is pleased to announce the acquisition of program manager Alexander Anthony Insurance Agency, …
