Latest Human Resources Headlines

Heffernan Names Assistant VP in Portland, Launches HR Consulting Program

Jul 8 2008 // Heffernan Insurance Brokers has launched a new human resources consulting program and appointed Lisa Banducci leader of its new service offering. Banducci will work out of Heffernan’s Walnut Creek office, but the new...

Jul 7 2008 // People McQueary Henry Bowles Troy LLP (MHBT) added Jim Anderson as senior vice president in the Dallas-based firm’s property/casualty group. Anderson will oversee the production and account management of...

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Jul 7 2008 // Richmond, Va.-based insurance broker Hilb Rogal & Hobbs Co. promoted F. Michael Crowley to president and chief operating officer. As president, Crowley has been responsible for HRH’s retail operations. In the...

Ironshore to Buy Lloyd’s Pembroke; Best Sees No Rating Change

Jul 1 2008 // Ironshore Inc. announced from Bermuda that it has signed a sale and purchase agreement with Chaucer Holdings PLC and the management of Pembroke for the £17 million ($34 million) cash purchase of Pembroke Managing...

Insurance Agents Advised to Learn from Professional Employer Organizations

Jun 24 2008 // As insurance agents and brokers search for ways to respond to the continuing soft market, they would be wise to follow the example of professional employer organizations (PEOs) that are winning over small and mid-sized...

Despite Slowed Economy, Employee Benefits Remain Stable in 2008

Jun 23 2008 // Despite recent challenges to the economy, employers are managing to maintain a balance in employee benefits, according to the 2008 Employee Benefits Survey from the Society for Human Resource Management (SHRM) at its 60th...

Aon Names Soeteman-Reijnen Managing Director – Europe, Middle East, Africa

Jun 18 2008 // Aon Risk Services has appointed Marguerite Soeteman-Reijnen as managing director, head of broking excellence for Aon Europe, Middle East and Africa (EMEA), with immediate effect. The bulletin from Aon’s London office...

ACE Chooses Shaw as Chief Underwriter-Global Markets, Tempest Re Chairman

Jun 18 2008 // ACE has announced the appointment of Matthew Shaw as Chief Underwriting Officer, ACE Global Markets (AGM). He will also become the Chairman, ACE Tempest Re Europe, where he was previously Managing Director. He will report...

Jun 16 2008 // People Dallas-based Colemont Insurance Brokers promoted Su Young to vice president in Colemont’s Texas office. Young joined Colemont in 2001 as part of the Texas financial services team and is located in Houston. She...

S&P: U.S. Insurers Sitting with Excess Capital Face Rocky Road

Jun 16 2008 // U.S. insurers, in an industry awash in excess capital, face a stretch of turbulence that won’t soon abate, according to analysts at a recent Standard & Poor’s Ratings Services...

Analysts: U.S. Insurers Sitting with Excess Capital Face Rocky Road

Jun 5 2008 // U.S. insurers, in an industry awash in excess capital, face a stretch of turbulence that won’t soon abate, according to analysts at a Standard & Poor’s Ratings Services conference this...

Willis Risk Manager Conference Examines Brazil, China Energy Sector

Jun 4 2008 // Willis recently hosted a conference of senior risk managers from the US oil and gas industry at its inaugural Global Risk Challenge seminar in Houston. They concentrated on finding out more about some of the major...

J. Smith Lanier Names New Managing Director in Tennessee

Jun 2 2008 // West Point, Ga.-based J. Smith Lanier & Co. added Mark Benson as the new managing director in its Knoxville, Tenn. office. Benson will oversee all sales, financial expenses and personnel in Knoxville. Benson joined J....

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Jun 2 2008 // Markel Corp.’s Board of Directors elected Anthony F. (Tony) Markel vice chairman and Paul W. Springman president and chief operating officer. Markel served Markel Corp. for more than 40 years, most recently as...

Insurance Brokerage Barney & Barney Completes Merger with Saylor & Hill

May 7 2008 // Barney & Barney LLC, a San Diego-based insurance brokerage, has closed its merger with Saylor & Hill Co., an Oakland, Calif.-based brokerage. The combined companies will work together to provide insurance, risk...

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May 5 2008 // Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete. Ryan founded Aon, which has...

A Soft Market Solution: MGAs and Risk Sharing

May 5 2008 // Part1: Retaining limited underwriting risk could offer MGAs a way to bolster revenue Editor’s Note: The following is part one of a discussion of the risk retention options available to MGAs, the sundry variables...

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May 5 2008 // Grange Mutual Casualty Co. announced that Randy Montelone will retire at year end after 29 years of service with the company. Tom Welch, current president of Grange Life Insurance Co., a Grange subsidiary, assumes the role...

S&P Reports on the ‘Evolving World of Property/Casualty Securitizations’

May 2 2008 // A report from Standard & Poor’s Ratings Services analyzes the catastrophe bond and reinsurance sidecar markets, which, S&P concludes, have “experienced sharp surges of activity after 2005.”...

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Apr 21 2008 // Novato, Calif.-based Fireman’s Fund Insurance Co. named Michael LaRocco president and CEO. He will report to Chuck Kavitsky, president and CEO of Allianz of America, parent of Fireman’s Fund, and will also...