Direct Line, the UK’s largest motor [auto] insurer run by government-owned Royal Bank of Scotland, is a takeover target for private equity groups looking to pre-empt what would be one of the biggest initial public offerings in London this year. …
Willis Group Holdings announced that it has been issued a full commercial lines license to conduct insurance intermediary services in Guernsey under the Insurance Managers and Insurance Intermediaries Bailiwick of Guernsey Law, 2002. Willis noted that it is the “only …
After a hiatus of nearly two years, Rick Bondurant has rejoined the Independent Insurance Agents of Texas (IIAT) staff as director of management resources. In this role, Bondurant is responsible for developing, implementing and managing strategic agency management initiatives and …
Michigan Gov. Rick Snyder and his fellow Republicans could find themselves knee-deep in health care issues soon when lawmakers briefly return after a five-week break. Snyder needs to get reluctant House Republicans on board with his efforts to create an …
USG Insurance Services Inc., a national wholesaler and MGA, has expanded its Allied American Underwriters operations in Benton, Ark., and added Stephanie Reilly as a producer/broker specializing in workers’ compensation. Reilly most recently held the position of workers’ compensation underwriter …
Terre Haute, Ind., officials are considering new regulations on dances organized by event promoters, saying they are worried about violent incidents that have happened at some of them. A proposed city ordinance would require organizers to obtain city permits, have …
A company has pledged $100,000 to create an endowed professorship in the Insurance and Risk Management program at the University of Central Arkansas. Officials say the contribution by AMC/Fairmont will go toward the Dr. John Bratton Endowed Professorship. AMC/Fairmont president …
Homeowners insured by traditional insurance companies will pay $54 on average next year on their insurance policies to cover bond payments being made by state-backed Louisiana Citizens Property Insurance Corp., which had to borrow nearly $1 billion to pay claims …
Dissatisfied with the answers he’s received from the group itself, U.S. Rep. Ed Royce, R-Calif., is turning to Federal Insurance Office Director Michael McRaith with a request that his office, a branch of the U.S. Treasury Department, review the regulatory …
The Insurance Women of Richmond, VA, recently installed new executive officers. Melanie Miller, systems analyst at Argo Group International Holdings, now serves as the association’s new president.Andrea Savedge, senior underwriter and commercial lines team leader at Commonwealth Underwriters Ltd., was …
