Columbus, Ohio-based State Auto Financial Corp. announced preliminary estimates of losses due to second quarter 2010 catastrophe storm activity. The company expects second quarter 2010 results will include between $55 and $60 million in pre-tax catastrophe losses. STFC has averaged …
Towerstone, Inc., a wholesale insurance broker and managing general agency, has launched Towerstone National Energy Program, a new insurance program for the energy sector. The program is exclusive to Towerstone through the insurance carrier Hallmark Specialty Insurance Company. The Towerstone …
America First Insurance, a Liberty Mutual Agency Markets regional company headquartered in Richardson, Texas, has appointed Thornton Cornell to vice president, Finance. Cornell will direct the annual business planning process, oversee month-to-month financial reporting and analysis, and develop strategies for …
Los Angeles-based Mercury General Corp. announced that on Monday, Aug. 2, 2010, it will release results for its second quarter ended June 30, 2010. The company will host an investor conference call and Web cast that same day at 10 …
CNA Financial Corp., based in Chicago, has appointed Don Wehrkamp as Commercial Underwriting officer for its Kansas City territory. In this role, Wehrkamp will ensure that the full complement of CNA’s products and services are presented to every account. He …
The early appearance of Hurricane Alex, which hit Mexico and the Gulf coast of the U.S., was, according to experts at Swiss Re, “a relatively unusual occurrence in June and could signal a very active hurricane season.” Insured losses, caused …
Western National Insurance Group announced that it has met all regulatory and legal steps to finalize its affiliation with Wisconsin American Mutual Insurance Co. of Fond du Lac, Wis. Wisconsin American will continue to operate as a separate entity, with …
QBE’s European division announced that Petko Tonchev has been promoted to General Manager for Central and Eastern Europe and Felix Jenny will take up the interim position of General Manager of QBE‟s German operation. Both roles are effective immediately. They …
The Illinois Department of Insurance has announced that on July 26, 2010, it will implement the State-Based Systems (SBS) licensing system. SBS will allow producer licensing functions to be completed electronically through a Web-based system. Through SBS, an insurance producer …
The board of American International Group is set to meet this week to consider the future of its AIA unit, with a public float seen as the most likely outcome, sources said on Tuesday. An initial public offering of AIA, …
