January 11, 2016
Outsourcing company Xchanging Plc said it did not expect a superior cash offer from Ebix Inc and urged shareholders to accept a bid from U.S.-based Computer Sciences Corp. Insurance software company Ebix had in November made a 450 million pound …
January 11, 2016
Zurich Insurance Group AG will appoint Mario Greco, the head of its Italian rival Assicurazioni Generali SpA, as chief executive officer, Swiss newspaper SonntagsZeitung reported, without saying how it got the information. While Greco, an insurance-industry veteran, hasn’t yet been …
January 11, 2016
West Virginia’s attorney general has accused one of the nation’s largest pharmaceutical drug wholesalers of flooding the state with tens of millions of prescription pills in violation of state law. Attorney General Patrick Morrisey on Friday announced a lawsuit against …
January 11, 2016
Alliant Insurance Services, a nationwide specialty insurance brokerage firm, has added renewable energy expert Bob Gary to its Energy and Marine Group as senior vice president. Gary will oversee business development and program design for a national portfolio of clients. …
January 11, 2016
Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, announces the hiring of Steven Hand. Hand joins TUMI as bokerage director and will be responsible for managing the company’s wholesale brokerage division. He has more than 25 years of experience …
January 11, 2016
Texas is dealing with approximately $1.2 billion in insured losses so far from nine confirmed tornadoes that struck the Dallas metro area on Dec. 26, 2015, and killed 11 people, according to preliminary estimates from the Insurance Council of Texas. …
January 11, 2016
The number of fatal auto pedestrian accidents in Texas has risen 36 percent since the Texas Department of Transportation began keeping the records in 2010, recently released National Highway Traffic Safety Administration statistics show. Overall traffic fatalities in Texas rose …
January 11, 2016
Allstate Regional Counsel Robert Zeman has been elected to serve as chairman of the board of directors of the Insurance Council of Texas (ICT). His term began Jan. 1. Zeman has served on the ICT board of directors since 2007, …
January 11, 2016
As the state braced for significant flooding from heavy rains in the Midwest, the Louisiana Department of Insurance reminded National Flood Insurance Program (NFIP) policyholders in Louisiana of an approaching deadline regarding flooding that occurred in Spring 2015. The Federal …
January 11, 2016
San Antonio, Texas-based wholesale insurance broker, Quirk & Company, announced the passing of its president and CEO for the past 41 years, Robert (Bob) C. Quirk. Born in 1946, Quirk graduated from the University of Texas at Austin in 1967 …