Monthly Archives: <span>June 2015</span>

Willis Makes Leadership Appointments in Southeast

Willis North America, a unit of Willis Group Holdings plc, has made a series of senior appointments to its southeast business operations. Hiram Marrero has been appointed national partner of Willis’s South Region. He will be responsible for the firm’s …

NFP Acquires Chicago’s Schwartz Insurance Agency

Insurance broker and consultant, NFP Corp., has acquired Schwartz Insurance Agency Inc. (SIA), located in the Chicago area. SIA is a third-generation insurance broker specializing in commercial lines. The firm joins NFP Property & Casualty’s Midwest region, where Michael L. …

Midwest Employers Casualty Adds Branco as Medical Director

Midwest Employers Casualty Company (MECC), which specializes in excess workers’ compensation, has hired Dr. Fernando S. Branco as medical director. Branco will lead a team of six medical management consultants who work with third party administrators to implement interventions to …

Celebrating 10 Years, Willis of Austin Announces 10 New Hires

Announcing it is celebrating its tenth anniversary, risk advisor, re/insurance broker and human capital and benefits firm, Willis of Austin, also reported it has hired 10 new colleagues this year. The new hires in the Austin, Texas, office are: Matt …

Alliant in California Announces Investment from Stone Point Capital

Newport Beach, Calif.-based Alliant Insurance Services announced a significant equity investment from funds managed by Stone Point Capital LLC. In connection with the transaction, funds managed by Stone Point will become Alliant’s largest institutional shareholders. Following the transaction, Alliant’s existing …

Oregon Suit Seeks Homeowners Insurance for Disabled Owners of Pit Bulls

People with disabilities shouldn’t be turned down for homeowners insurance just because they have pit bulls for service dogs, a federal court lawsuit filed in Oregon says. Undercover testers who told an insurance company they had disabilities and used pit …

CIG in California Names Doll Vice President and Chief Actuary

Monterey, Calif.-based Capital Insurance Group has named Andrew Doll vice president and chief actuary. Doll began his insurance career as an actuarial analyst in 1990. Following that he began working for a national insurance company as a senior actuarial analyst, …

Mitilier Joins EPIC in Southern California

Edgewood Partners Insurance Center has named Vanessa Ruiz Mitilier a senior consultant and producer in the firm’s Southern California employee benefits consulting practice. Mitilier will be based in EPIC’s Irvine, Calif. office. She will be responsible for new business development …

Low Interest Rates Challenge European Insurers: A.M. Best Report

The low interest rate environment represents a significant challenge for insurers, according to a report published by A.M. Best. “European insurers are struggling to generate investment income as the majority of their invested assets are held in high-quality fixed-income securities,” …

Federal Agencies Issue Flood Insurance Rule for Lenders

Five federal regulatory agencies have signed off on a joint rule that modifies regulations for loans secured by properties located in special flood hazard areas. The final rule implements provisions of the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA) …