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ACE Names Furgueson President, Multinational Client Group for Int’l. P/C

The ACE Group announced the appointment of Michael Furgueson to the newly created post of President, Multinational Client Group, ACE Overseas General. He will be responsible for leading the company’s commercial property and casualty insurance capabilities targeted to large multinational …

SEC Settlements Declined in 2009 For Second Straight Year

The number of Securities and Exchange Commission settlements declined for the second consecutive fiscal year in 2009, with 626 defendants, compared to 673 in FY 2008, according to the global consultng firm, NERA Economic Consulting, in its fiscal year-end SEC …

Mitchell Joins Arch London Property Team

Arch Insurance Europe announced that Alex Mitchell has joined the Property Underwriting team as UK Retail Property Manager. He will be contributing to the development of Arch Europe’s Property Insurance offering by targeting clients in the UK Retail and UK …

Los Angeles-area’s Steve Brooks and Tri County Merge

Steve Brooks, President of Steve Brooks Insurance Services based in Westlake Village CA, and Eric Bossuk, President of Tri County Insurance based in Calabasas, CA, have announced that the two companies will be merging, effective January 1, 2010. Bossuk will …

PartnerRe Cross-Lists on NYSE, Euronext Paris Stock Exchange

Bermuda-based PartnerRe Ltd. announced its successful cross-listing on both the NYSE and Euronext Paris stock exchanges. The company said the cross-listing facility, effective immediately, is consistent with its “commitment to providing investors with a Euro-denominated, European-listed trading platform for PartnerRe …

Chartis Expands Personal Security Services for High Net Worth Clients

Chartis is offering expanded personal security services from its Private Client Group. The insurer has introduced two complimentary resources, emergency preparedness services and access to Insite Security, to supplement Private Client Group’s property and liability insurance offerings for high net …

PartnerRe Completes PARIS RE Acquisition

Bermuda-based PartnerRe Ltd. announced that it has completed its acquisition of 100 percent of the outstanding common shares of PARIS RE Holdings Limited, following the approval by PARIS RE’s shareholders of the previously announced merger [See IJ web site – …

Rathbun Named Medical Director at Louisiana Workers’ Comp. Corp.

Katharine C. Rathbun, MD, MPH, is now serving as medical director for Louisiana Workers’ Compensation Corporation, the company announced. Dr. Rathbun will be responsible for providing medical support for programs involving claims management, utilization review, and medical networks. She will …

New NIP Program Targets Funeral Homes Nationwide

NIP Programs, a division of NIP Group, Inc., has a new specialty insurance program designed to serve the funeral industry nationwide. The new program is called FuneralPro and covers property, business autos like limos and hearses, and a variety of …

Total Wages in Louisiana Were Up by 6.8% in 2008

The “Louisiana Employment and Wages – Annual Report 2008,” published by the Louisiana Workforce Commission, shows that total wages in the state of Louisiana were up by 6.8 percent over 2007. The publication contains 2008 covered employment and total wages …

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