Monthly Archives: <span>September 2014</span>

New Mexico’s Green Chile Crop Endangered by Weather

Wet weather in recent weeks has left some of New Mexico’s green chile crop in danger. The Las Cruces Sun-News reported that a hail storm last week was the latest in a spate of precipitation to plague chile fields in …

North Carolina Big ‘I’ Names Georgia’s Knight As CEO

The Independent Insurance Agents of North Carolina (IIANC) has named Aubie W. Knight as its new chief executive officer. Knight, currently CEO of a neighboring Big “I” association, the Independent Insurance Agents of Georgia (IIAG), will join the IIANC staff …

ProAssurance, Pro-Praxis Introduce Excess Package for Complex Healthcare Risks

ProAssurance Corp. of Birmingham, Ala., has launched a new suite of excess insurance coverages, ProAssurance Complex Medicine, or ProCxM, for large healthcare facilities and organizations. This new package of coverages and related services will allow the company to respond more …

ACE Expands Europe Surety Team With Villette Appointment

ACE Group has announced the appointment of Charles Villette as surety underwriting manager in Germany, as it further expands its surety capabilities in Europe’s biggest economy. Charles Villette will be responsible for the growth and development of ACE’s surety portfolio …

Rachel Cotton Appointed Real Estate Director at RSA

RSA, the London-based insurer, has appointed Rachel Cotton as real estate director for RSA’s Risk Managed Business. Cotton has worked at RSA for over 25 years across a variety of areas including technical and specialist claims, sales and marketing for …

Milliman Opens Office in South Africa

Milliman Inc., the Seattle-based global consulting and actuarial firm, is opening an office in Cape Town, South Africa. The office will be led by industry veteran David Kirk and will serve Sub-Saharan Africa. The Cape Town location is a reflection …

Atlas General Insurance Services, LLC, Named One of the Best Places to Work in Insurance in 2014 by Business Insurance

San Diego, Calif. (Sept. 30, 2014) โ€“ Atlas General Insurance Services, LLC, has been named one of the Best Places to Work in Insurance by Business Insurance. Atlas General was recognized for its excellence in providing a productive and enjoyable …

China’s Fosun to Invest in European, Japanese Insurers

Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is considering making more bets on insurers outside its home country, Chief Executive Officer Liang Xinjun said. “We prefer investing in insurance companies in Europe and Japan,” Liang …

Departure of Bill Gross From Pimco Stuns Allianz

It was 2:28 p.m. in Munich on Sept. 26, and Bill Gross, in charge of $2 trillion as chief investment officer at Pacific Investment Management Co., had just announced that he was joining Janus Capital Group Inc., a struggling stock …

Specialty Insurance Group, Britton Gallagher Offer Pyrotechnics Program

Specialty Insurance Group (SIG), a member of the Everest Re Group Ltd., and independently operated insurance brokerage firm Britton Gallagher have together launched a new insurance, loss control and safety program for the pyrotechnics market. The strategic partnership with Britton …