January 30, 2012
Heffernan Insurance Brokers has hired Karen Albanese office as senior vice president in its Orange County, Calif. office, focusing on benefits strategy and administration. Albanese will work out of Walnut Creek, Calif.-based Heffernan’s Los Angeles branch, expanding Heffernan’s reach in …
January 30, 2012
Global business processor Xchanging announced that Barnabas Hurst-Bannister will join the Xchanging Ins-Sure Services board as a non-executive director in March. He has broad experience with the London and the Lloyd’s market, having served as the chairman of Traveler’s Syndicate …
January 30, 2012
MetLife, Inc. announced that it has agreed to acquire the life insurance businesses of UK-based Aviva plc in the Czech Republic (Aviva Czech Life) and Hungary (Aviva Hungary Life), and its life insurance and pension businesses in Romania (Aviva Romania …
January 30, 2012
The International Insurance Society’s (IIS) annual conclave in June in Rio de Janeiro will see the launch of an initiative in partnership with the United Nations Environment Program Financial Initiative (UNEP FI) of the “Principles for Sustainable Insurance.” The IIS …
January 30, 2012
Wellpoint and RLJ Insurace Services have developed a strategic alliance that will enhance and expand Wellpoint’s supplier diversity offerings. The two companies will work together to offer medical stop loss products and services to group customers that are looking to …
January 30, 2012
State and federal programs offer homeowners in North Jersey’s flood-ravaged areas a buyout. But the combination of red tape and limited funding is keeping many from that promise and a fresh start in a new and drier location. Nelly Della …
January 30, 2012
Chubb Corporation said its commercial insurance renewal rates were up 6 percent in the 2011 fourth quarter, as the pace of renewal rate increases continues to accelerate. Chubb also said it secured renewal rate hikes in professional liability lines for …
January 30, 2012
New Jersey Gov. Chris Christie announced this morning that Banking and Insurance Department Commissioner Tom Considine will leave his post on Feb. 10.Considine, who became the Garden State’s top insurance and financial regulator in March 2010, plans to return to …
January 30, 2012
Contingent commission payouts to insurance agencies are estimated to be 12 percent higher in 2012 than 2011, a new study says. The study by the Ward Group also found that carriers are continuing to increase their volume and premium requirements …