Yearly Archives: <span>2013</span>

Talent War Continues: XL Hires AIG’s Miller to Oversee Global P/C Claims

XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, hired David Miller as senior vice president and head of claims for international property/casualty coverage. Miller joins from American International Group Inc. and will work in London, reporting …

Judge Dismisses Suit Against Bank of America For Not Disclosing AIG Claims

Bank of America Corp. has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a $10 billion fraud case brought by American International Group Inc. In a decision made public on Monday, U.S. District Judge …

World Needs Insurance Industry to Be ‘Bold’ and ‘Sexy’ Now, PLUS Told

It’s time for the insurance industry to be “bold” and “sexy” in creating new insurance products and services to help the world deal with extreme risks that are becoming more common, according to a global authority on managing catastrophes and …

Cook Maran & Associates Appoints Account Executive in New Jersey

Cook Maran & Associates appointed Jeff Banasz as account executive. He is based in Cook Maran’s Marlton, N.J., office. Prior to joining Cook Maran, Banasz was an insurance broker/consultant with The Graham Company for more than five years. Previously, he …

Md.-Based Victor O. Schinnerer & Co. Names Senior Underwriting Manager

Chevy Chase, Md.-based underwriting manager Victor O. Schinnerer & Company Inc. has named Steve Cohen as senior underwriting manager for its management liability programs. In his new role, Cohen will oversee the growth and development of Schinnerer’s growing suite of …

IICF Northeast Announces Featured Speakers for Year-End Fundraising Dinner

The Insurance Industry Charitable Foundation (IICF) Northeast division announced three featured speakers who will be accepting grants for charities at its fundraising dinner on Wednesday Dec. 11, 2013 in New York City. The featured speakers are: Robin Roberts, co-anchor of …

Confie Head on McKinsey: M&As Indy Agents’ Salvation

It may not be quite as dire as a “merge or die” mindset, but the message from the head of Confie Seguros is that independent agents should take a hard look at the McKinsey report that claims local independent agents …

Noonan: Insurers Can Cover Terrorism Privately

A poll released last week by the Risk and Insurance Management Society — the trade association for risk managers of corporations, non-profits and local government agencies, who together are the major purchasers of commercial insurance — found the group’s membership …

Confie Seguros Acquires Palm Springs, Fla.-Based City Insurance Agency

Confie Seguros, a national group of personal lines insurance brokers, announced its acquisition of Insurance Group of American Inc. (d/b/a City Insurance of Palm Springs, Fla.) City Insurance was established in 2003 and specializes in the delivery and services of …

Confie Seguros Acquires DeFranco Insurance Agency in N.Y.

Confie Seguros, a national group of personal lines insurance brokers, announced its acquisition of DeFranco Insurance Agency Inc. in Niagara Falls, N.Y. DeFranco Insurance Agency specializes in the delivery and service of personal lines insurance products to the Niagara Falls, …