East News

Travelers’ Career Program Reaches Out to Underrepresented Students

Six years ago, Lorena Martinez arrived in Hartford, Conn., seeking opportunity. A native of Peru, able to speak little English, Martinez found employment with a local hotel. While there, Martinez quickly realized the barriers she faced in getting ahead without …

XL Group Announces Promotion for Marine Business in Northeast

XL Group plc has promoted James Thielebeule to regional vice president and manager for the Northeast region of its marine business. In his new position, Thielebeule will manage growth strategy, producer management, and personnel management for all ocean marine and …

Delaware’s Captive Insurance Program Graduates Its Inaugural Class

Delaware’s captive insurance risk management certificate program is graduating its first class of 25 participants today.This new program was jointly created by Delaware’s insurance department and University of Delaware.

Conn. Commissioner: New Law Improves Oversight of Global Insurers

Connecticut Insurance Commissioner Thomas Leonardi praised passage of two new laws that give the state greater financial oversight of large, globally active insurance companies and makes the state a more attractive place for international reinsurers to do business. Governor Dannel …

BMS Group Exec Joins New York-Based U.S. RE as Senior VP

Pearl River, N.Y.-based global reinsurance broker U.S. RE Corporation appointed Victor Marques as senior vice president. U.S. RE said Marques brings more than 25 years in the field to his new role at the company’s expanding brokerage operations. Marques was …

Hampton, Virginia, Declares Local Emergency for Areas Hit by Tornado

The city of Hampton, Virginia, has declared a local emergency for the areas affected by last Friday’s tornado.Officials estimated that last week’s tornado caused more than $4.3 million in damages. But they said they do not expect to reach the …

Virginia Activists Press Banks for Foreclosure Aid

Nearly 1,000 homeowners in Prince William County and the cities of Manassas and Manassas Park, Virginia, have been identified as eligible for assistance in the $25 billion national mortgage settlement announced this year, two banks reported at a community meeting …

AIG’s Chartis Launches Hospitality and Leisure Industry Practice Group

AIG’s property/casualty division Chartis announced the launch of its hospitality and leisure industry practice group, which will provide specialized insurance and risk management products for the hotel, amusement, gaming, restaurant, resort and theme park segments. Lance Ewing, former vice president …

Highmark, Pennsylvania’s Largest Health Insurance Co., Names New CEO

Pittsburgh-headquartered health insurance giant Highmark Inc. has named Dr. William Winkenwerder as the company’s new chief executive officer.The appointment comes two months after previous CEO, Kenneth Melani, was fired in wake of a scandal. Melani was fired after getting into …

GE Executive Joins Erie Insurance as New Chief Investment Officer

Erie, Penn.-based Erie Insurance Group appointed Brad Postema as senior vice president and chief investment officer.In his new role, Postema will be responsible for the investment strategies of Erie Insurance Exchange, its underwriting subsidiaries and Erie Indemnity Company.

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