Florida’s property/casualty insurers appear to have adequate reinsurance and capital in place to withstand at least two major storms this season but their overall fate could hinge on whether they are allowed to raise their premiums as much as they …
Pennsylvania-based Keystone Insurers Group has appointed David C. Keller as vice president for carrier relations. Keller, is a 25-year veteran of the insurance industry, spent the last four years with Harleysville Insurance Group as relationship manager for KIG, and eight …
A federal judge has approved a $550 million settlement between Goldman Sachs and the U.S. Securities and Exchange Commission related to civil fraud allegations in a subprime mortgage product. U.S. District Court Judge Barbara Jones said she and the Southern …
The Association of British Insurers has confirmed that Kerrie Kelly is stepping down from her role as Director General to return to Australia for personal reasons. Maggie Craig, Director of Life and Savings at the ABI, will serve as acting-Director …
A Fulton County judge tossed an attempt by two insurance companies that sought to block an ethics investigation into contributions to Republican gubernatorial hopeful John Oxendine. Judge Kimberly Esmond Adams said in her ruling last Friday that the commission has …
Florida-based insurance agency Brown & Brown Inc. reported that it earned net income for the 2010 second quarter $41,185,000, an increase of 1.3% from the $40,668,000, for the 2009 second quarter. Total revenue for the quarter ended June 30, 2010 …
Reno, Nev.-based Employers Holdings Inc., whose subsidiaries are specialty providers of workers’ compensation insurance focused on small businesses, will review the company’s second quarter 2010 financial results during a conference call and webcast Thursday, Aug.5, 2010, at 10:30 a.m. PDT. …
Moody’s downgraded Ireland’s sovereign bond rating by one notch to Aa2 on Monday, citing weaker growth prospects and the high costs of rebuilding the country’s crisis-hit banking system. The rating agency, which cut Ireland from Aa1, said the outlook was …
Bailed-out insurer American International Group named former Prudential plc Chief Executive Mark Tucker as head of its Asia life insurance business, AIA, and said it would seek to list AIA on the Hong Kong stock exchange. The abrupt removal of …
UK-based Broker Miller Insurance Services Limited, which specializes in both insurance and reinsurance, announced a number of senior appointments to its reinsurance business unit. Former Guy Carpenter Managing Director Adrian Stewart will join Miller to “help lead the expansion of …
