Pawtucket, R.I.-based Narragansett Bay Insurance Company recently named Todd Hart as the new chief executive officer. Narragansett Bay founder Nick Steffey, who has stepped down from the CEO role, will continue as executive chairman. As the new CEO, Hart will …
Healthcare Ruling Brings Cheers… “It’s a victory for the American people because it sustains a law that gives families security, holds insurers accountable and helps Americans get the care they need.” —Mass. Gov. Deval Patrick’s comment on the U.S. Supreme …
American International Group Inc. said it will resume using its brand name in public in a move to recognize the company’s turnaround, Reuters reported. The insurer, which received $182 billion in government bailouts during the financial crisis, has all but …
Widespread misunderstanding regarding the proper use of certificates of insurance has led to new changes relating to their use, according to Virginia’s Bureau of Insurance. The changes went into effect July 1. The Bureau reported that some private and public …
A wildfire that has scorched tens of thousands of acres and damaged homes in north-central Nebraska continued to burn on Saturday, July 21. The Norfolk Daily News said the fire was burning in parts of northern Brown County and southern …
Spirit AeroSystems in Wichita, Kan., estimates its insurance claim from an April tornado will be about $400 million. The company said that it took a $55 million charge, or 26 cents per share, in the second quarter for expenses related …
More than 81,000 Ohio families will be getting health insurance rebates this summer that will total $11.3 million across the state, a newspaper reported. The average refund will be $139, but some of the 81,500 families will receive hundreds of …
United Benefit Advisors (UBA), based in Indianapolis, Ind., announced it has appointed Thomas Mangan as chief executive officer. Mangan is a 20-year veteran in the employee benefits field, with vast experience in corporate leadership and an extensive background that spans …
Columbus, Ohio-based State Auto Financial Corp. announced it estimates the company’s second quarter 2012 results will include between $33 million and $36 million in pre-tax net catastrophe losses. During the quarter ended June 30, 2012, 13 catastrophe events in the …
Pasadena, Calif.-based Bolton & Company has joined forces with Reaume Financial Group, an independent insurance agency providing employee benefit services in Southern California. As part of the transaction, Reaume President Bradley G. Reaume will join Bolton & Company as executive …
