December 13, 2011
Advocate Reinsurance Partners LLC, a privately owned reinsurance intermediary firm headquartered in Dallas, has added Cory Anderson as a partner. Anderson has worked in the reinsurance sector for more than a decade. He was most recently with Aon Benfield in …
December 13, 2011
As few as 12 different Chinese groups, largely backed or directed by the government there, do the bulk of the China-based cyberattacks stealing critical data from U.S. companies and government agencies, according to U.S. cybersecurity analysts and experts. The aggressive, …
December 13, 2011
Texas-based Frost Insurance announced it will acquire Stone Partners Inc., a human resource consulting firm that specializes in compensation, benefits and outsourcing services, effective Jan. 1, 2012. Stone Partners will operate as a division of Frost Insurance. Originally established as …
December 13, 2011
The insurance industry is likely to see more robust mergers-and-acquisitions activities in 2012, according to a New York investment and research firm. In 2011, the M&A deal volume started off relatively slowly, followed by a notable pick up in the …
December 13, 2011
With inadequate pricing levels for commercial lines, low interest rates and severe catastrophe losses, it’s high time insurers focus on underwriting discipline, said a veteran insurance executive. Mario Vitale, co-chief executive officer of Aspen Insurance, said more and more insurers …
December 13, 2011
The broker/specialty markets division at Church Mutual Insurance Co. has expanded opportunities for brokers and agents with experience in the senior living market. Specifically, the insurer is looking to add producers in Connecticut, Maine, Massachusetts, New Hampshire, New York, North …
December 13, 2011
Primerica Inc. said Citigroup had begun a public offering of its remaining stake in the life insurer, a little over a year after the company was spun-off from the bank through a public listing. Primerica, which went public in 2010 …
December 13, 2011
Newly disclosed records show U.S. Labor Department officials stopped independent investigators from questioning how federal regulators handled methane leaks from the floor of the Upper Big Branch mine several times before last year’s disaster. In April 2010, 29 men died …
December 13, 2011
Even though China gets most of the headlines, there’s been slow, but steady, progress for private insurers in Asia’s other billion plus people country – India. Although its rate of growth has slowed recently, mirroring the slowdown in the global …
December 13, 2011
The Florida Underwriter magazine has published its last issue. “Unfortunately, the double demons of our state’s falling economy and the dominance of the Internet over print products have brought us to this difficult decision. This will be the magazine’s final …