Wilkes-Barre, Penn.-based GUARD Insurance Group named Eitan Ajchenbaum as chief financial officer and treasurer, replacing Jeffrey Picker who retired in April after nearly 20 years of service. In his new role, Ajchenbaum will oversee all accounting and finance activities as …
Insurer Highmark Inc. on Monday completed a $604.2 million bondholder buyout of troubled West Penn Allegheny Health System at 87.5 cents on the dollar. The buyout, in which Highmark acquired just over 85 percent of the outstanding principal amount of …
American International Group Inc. (AIG) has named Jeremy Johnson as president and chief executive officer of its excess and surplus (E&S) lines unit, Lexington Insurance Co. in Boston. Johnson replaces David Bresnahan, who left AIG Friday with three other AIG …
The Insurance Industry Charitable Foundation (IICF) Boston chapter launched its grants program by hosting its first-ever grant fundraising event April 11 in Boston. The new Boston chapter is part of the IICF Northeast division, which makes its grants in the …
His work has immersed him in events that read like a roster of recent catastrophes, from 9/11 to the Gulf oil spill. Now, Kenneth Feinberg is adding the Boston Marathon bombings to that list. The Massachusetts native and attorney is …
INTTRA, a global multi-carrier shipping network for ocean freight, has launched a new member service that enables shippers to purchase cargo insurance from marine insurance specialist, FP Marine Risks, via INTTRA’s e-commerce platform. INTTRA members can elect to purchase cargo …
Agency and brokerage principals and CSRs and all other employees: You are invited to participate in a unique Agency Operations & Profit Survey that takes less than 10 minutes to complete and will provide you with key information on how …
Florida legislators, drivers, and reporters want to know when the savings are coming from the Personal Injury Protection (PIP) reform law enacted in 2012. So do we. PIP is a money-loser for car owners and insurance companies. According to a …
The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has launched HSB CyberOne, a new cyber risk insurance coverage for small businesses. The new product expands HSB’s suite of products and services designed to protect smaller …
As lawmakers in the state of Washington consider moving some part-time government workers out of a state-sponsored health plan and into an insurance exchange developed under the nation’s new health care overhaul law, officials in Oklahoma and Arkansas say there …
