December 9, 2009
Insurance broker IMA Inc. has named Pavlina Sustr an employee benefits account executive specializing in international accounts for IMA of Colorado based in Denver. IMA is part of IMA Financial Group Inc., a financial services company specializing in insurance, asset …
December 9, 2009
The Louisiana Recovery Authority is urging homeowners who suspect they might have contaminated Chinese drywall in their homes to report the problems to the state. A federal consumer product safety commission is asking each state to recount the incidents of …
December 9, 2009
Catlin Group Limited has announced two non-executive director changes. Guy Beringer has been appointed as a non-executive director effective from December 8, 2009, subject to election by shareholders at the Company’s Annual General Meeting in 2010. Michael Hepher is retiring …
December 9, 2009
Texas Insurance Commissioner Mike Geeslin has announced new board members for the Texas Windstorm Insurance Association (TWIA). House Bill (HB) 4409, passed by the 81st Texas Legislature in 2009, changed the composition of the nine member TWIA board. Previously, the …
December 9, 2009
A 20 percent cut in greenhouse gases by rich nations would be a “pretty good” result for a U.N. climate summit, even though it falls short of developing nations’ hopes, the head of the U.N. climate panel said on Tuesday. …
December 9, 2009
K&K Insurance Group Inc., based in Fort Wayne, Ind., reports that Ross T. Smith, the company’s president and chief executive officer, is retiring after a successful 40-year career in the insurance industry. Smith has been with K&K Insurance for more …
December 9, 2009
Global specialty insurer Torus announced that its parent, First Reserve Corporation, has agreed to amalgamate the business of its other major insurance investment vehicle, Sideris Re, within Torus. Sideris Re Holdings owns a Bermudan class 3 reinsurer and provides the …
December 9, 2009
Arbella Insurance Group, the third-largest auto insurer in Massachusetts, announced two promotions within the senior management team. Steve Jacobs will become vice president of Marketing and Tracy Hurley will assume the role of vice president of Claims. Jacobs assumes responsibility …
December 9, 2009
U.S. Senate Democratic healthcare negotiators said they agreed Tuesday to replace a government-run insurance option with a scaled-back non-profit plan and would seek cost estimates on the deal. “We have a broad agreement,” Senate Democratic leader Harry Reid told reporters, …
December 9, 2009
Standard & Poor’s Ratings Services has assigned its ‘A-‘ issue credit rating to Lincoln National Corp.’s (LNC) $300 million issuance of senior notes. S&P also affirmed its ‘AA-‘ counterparty credit and financial strength ratings on LNC’s life insurance operations (Lincoln) …