Aon Risk Solutions, the risk management business of Aon Corp., has issued its first in depth report analyzing the threat posed by pirates. It points out that with the end of the monsoon season pirate activity usually increases. It also …
A report from catastrophe modeling firm AIR Worldwide notes that “Extratropical Storm Maria made landfall as a minimal Category 1 hurricane on Newfoundland’s Avalon Peninsula near Cape Pine on Friday afternoon about 4:00 pm local time (2:30 pm EDT) after …
State Auto Insurance’s previously announced Austin, Texas, claims facility is now operational, the company reported. The following individuals serve on the claims team at the Austin facility: Sandra Robinson, claims supervisor, has 30 years of experience as an all lines …
Sharon A. Poradzisz has been promoted to vice president of personal lines claims and Wade D. Rankin has been promoted to commercial claims manager at the Founders Insurance Co. of Des Plaines, Ill. Poradzisz has 16 years of insurance industry …
Metropolitan areas in Colorado and Oklahoma have the distinction of making up more than half the list of top 10 hail-prone areas in the U.S., according to a recently released study. The list, which was compiled by CDS Business Mapping, …
The size of the U.S. municipal bond market shrank to $2.89 trillion in the second quarter of 2011 from $2.91 trillion in the first quarter, Federal Reserve data showed Friday. It was the second quarterly contraction in a row, although …
Preferred Concepts, LLC, a national insurance program administrator and specialty broker, has reorganized into three: Preferred Underwriting, Preferred Brokerage and Preferred Advantage. In addition, the firm will enhance its online agent/broker platform. The company’s three new divisions work across the …
Wells Fargo Insurance Services has acquired Procomp Benefit Resources Inc., an employee benefits brokerage and consulting firm based in Hazlet, N.J. Terms of the transaction were not disclosed. The acquisition will allow Wells Fargo Insurance Services to further expand its …
Global insurance broker Marsh has appointed Bill Pieroni to the role of chief operating officer, effective Sept. 19. Pieroni comes from State Farm where he served as senior vice president. In his new role at Marsh, he will be responsible …
Kyle Bridgwater has been named account manager/administrator for San Diego-based risk management and insurance brokerage Cavignac & Associates. Bridgwater is responsible for daily policy maintenance and servicing, and assisting with client insurance policy renewals. His immediate focus is on construction …
