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Grinnell Mutual Names Crawford President and CEO

Steve Crawford has been named president and chief executive officer at Grinnell Mutual Reinsurance Company located in Grinnell, Iowa. For the past two years, Crawford has served as the company’s chief operating officer. During Crawford’s 34-year career at Grinnell Mutual …

The Hanover Insurance: Focused on Niches, Says More Acquisitions Likely

The Hanover Insurance Group Inc.’s CEO Frederick H. Eppinger expects the western United States to be a key growth driver for the super-regional insurer in the next several years. Having just entered into a renewal rights agreement with OneBeacon Insurance …

Minnesota Commissioner Appoints Morris, Priester to JUA

Minnesota Commerce Commissioner Glenn Wilson has appointed Kenneth Morris of Woodbury, and Edward Priester of Burnsville, to the Minnesota Joint Underwriting Association. The two new appointees will begin their term on Jan. 19, 2010, and serve until Aug. 15, 2013. …

How 84-Year Old Insurance CEO Greenberg Stays In Fighting Shape

Veteran insurance executive Maurice “Hank” Greenberg bristles ever so slightly when asked about his upcoming 85th birthday. “There are two types of birthdays — chronological and biological. Doctors tell me biologically I am 25 years younger,” the former AIG chief …

Ohio Partially Upholds Workers’ Comp Ruling Against Former AG Aide

A committee has partially upheld the state’s decision that a former top aide to fallen Attorney General Marc Dann improperly classified workers at his private construction company when determining his workers’ compensation obligations. Anthony Gutierrez had appealed the decision by …

Ex-AIG CEO Greenberg Sees Hope for Overhaul of Bailout

Former AIG CEO Maurice “Hank” Greenberg said the rising tide of questions about the government’s 2008 rescue of the insurer could be the catalyst for a dramatic overhaul of the bailout. “I believe that for the first time there is …

Feds Say Arkansas Pastor’s Abuse Victims Entitled to $2.7M Each

A government witness said Jan. 13 that the five young woman who testified last year that evangelist Tony Alamo took them as a “wife” and sexually abused them as minors should receive $2.7 million each for physical and mental pain …

Calif. Earthquake Damage To Top $28M, ‘State of Emergency’ in Humboldt County

California Gov. Arnold Schwarzenegger has declared a state of emergency in the Northern California county struck by a weekend earthquake, saying damage from the magnitude-6.5 temblor was expected to top $28 million. Saturday’s quake “disrupted utilities and caused damage to …

Arrowhead General Insurance Offers Commercial Package in Calif.

Arrowhead General Insurance Agency of San Diego has a new commercial package available in Cailfornia. As part of the commercial contractor suite of products, the Commercial Package product offers more than 170 eligible classes including garden apartments, commercial real estate …

Wall Street Barons Concede Failures, Offer No Apologies

Wall Street’s chiefs acknowledged taking on “too much risk” and having “choked” on their own cooking, but stopped short of an apology as they sparred with a commission looking into the financial crisis. The first public hearing of the Financial …

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