Monthly Archives: <span>June 2011</span>

Swiss Re Sets Out Revised Leadership Structure

Swiss Re is completing what it described as “adjustments to its leadership structure to reflect the company’s new legal entity set-up.” As of May 20, 2011, Swiss Re Ltd is the holding company of the Swiss Re group of companies. …

May Storms Cause Estimated $322M in Damage in Ohio

The Ohio Insurance Institute says storms in late May caused damage estimated at $322 million or more around the state. The industry group for property and casualty insurers estimates 68,000 or more insurance claims have been filed because of the …

Hooper Named CEO of UK’s Cooper Gay & Co.

Cooper Gay Swett & Crawford Ltd (CGSC) announced the appointment of Shaun Hooper as CEO of Cooper Gay & Co Ltd, the Group’s Lloyd’s and London market broker. He has been serving as interim CEO of the company since December …

State Farm Wants 8% Homeowners Rate Increase in Louisiana

State Farm Fire & Casualty Co., Louisiana’s largest insurer of homes, is asking state insurance regulators for permission to boost premiums by an average 8.5 percent. In a filing released by the state insurance department, State Farm said the requested …

Liberty Mutual Appoints Huerta CEO of Liberty Seguros Spain

The Liberty Mutual Group has named Enrique Huerta CEO of Liberty Seguros Compania, de Seguros y Reaseguros, S.A. (Liberty Seguros Spain), effective July 1, 2011. José María Dot, the current President of Liberty Seguros Spain, who will retire at the …

Best Upgrades ACE Limited and Subs Issuer Credit Ratings; Affirms FSR’s

A.M. Best Co. has upgraded the issuer credit ratings (ICR) and senior debt ratings to “a” from “a-” for Zurich-based ACE Limited and ACE INA Holdings Inc. Best has also upgraded the ICR to “aa” from “aa-” and affirmed the …

Oklahoma City Homeowners Blame City for Flood Damage

Homeowners in a northwest Oklahoma City neighborhood that had severe flooding in June 2010 say the city is to blame for the flooding. The city denies the claim. At least 17 households filed flood damage claims with the city in …

Erger and Miller Join Lockton in Kansas City

Kansas City, Mo.-based independent insurance broker Lockton Companies LLC has expanded its construction and design team with the addition of Karen Erger and Tom Miller. Erger joins Lockton’s Design and Construction Unit as vice president, director of Practice Management. She …

Louisiana’s Stonetrust Adds Dileo, Bowen to Management Team

Stonetrust Commercial Insurance Co., a Louisiana-based workers’ compensation insurer, has added Michael G. Dileo and Ron Bowen to its management team: Dileo has been named vice president of Underwriting for Stonetrust. A graduate of Louisiana State University, he has more …

North San Diego County Insurance Association Names Officers

The Insurance Women of North San Diego County, an affiliate of the International Association of Insurance Professionals, has installed new officers for 2011-2012. They are: President Carola Erb of State Farm, Dale Long Agency; Vice President Sharyn Maldonado of Petra …