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Tennessee Fines Agency Operator $187K, Revokes License for Defrauding Clients
Mar 22 2018 // A Tennessee insurance agency operator has been fined $187,000 in civil penalties and had his producer’s licensed revoked for defrauding clients, according to the Tennessee Department of Commerce & Insurance...
Ratings Recap: Standard Casualty, Principal Financial, NAICO
Nov 16 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer crediting rating “a-” of Texas-based Standard Casualty Company, both with stable outlooks. Best explained that...
Sorenson is New I.I.S. Chairman
Jun 23 2010 // The Board of Directors of the International Insurance Society (IIS), at their annual meeting in Madrid, announced the election of Norman R. Sorensen, President – International Asset Management and Accumulation,...
Aschenbrenner to Retire as Principal Financial Group Division President
Nov 19 2009 // Des Moines, Iowa-based Principal Financial Group announced that John Aschenbrenner, president of its insurance and financial services division, will retire at the end of 2009 after more than 37 years with the...
QBE to Acquire Hannover Re’s US Praetorian Subsidiary
Dec 13 2006 // Australia’s QBE Insurance Group has agreed to purchase the Praetorian Financial Group (PFG), the US operation of Hannover Rueckversicherung AG (Hannover Re) for US$800 million, subject to regulatory approvals. QBE...
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