James R. Pender has resigned from Oswald Companies, concluding more than 50 years of service with the Cleveland based insurance agency. The company, which he led for several decades, was founded by his grandfather in 1893. Pender grew the small …
Zurich Financial Services Group Inc., which has been on a recruitment spree, said Rich Merski, a former AIG executive, is joining the insurer as head of federal affairs in the United States. Merski most recently managed Washington government affairs activities …
An Alabama attorney has filed a federal lawsuit against imprisoned attorney Richard “Dickie” Scruggs and several others, alleging they conspired with a former U.S. senator to bribe a state court judge and defraud him of millions in legal fees. The …
Harry Truman might have said it, Bill Clinton did quote it and George Bush, Sr. said he didn’t need the advice because he already had First Lady Barbara Bush but it simply goes like this: “If you want a friend …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Beazley Insurance Company, Inc. (BICI) of Farmington, Conn. with stable outlooks. Best noted that the “ratings reflect the significant …
Safeco Insurance and Ohio Casualty, both Liberty Mutual Agency Markets companies, recently announced key management appointments to lead their respective personal and commercial lines operations in their Mid-Atlantic territory. Matt L. Warye was named vice president, Safeco Insurance, and Mid-Atlantic …
LAAIA President Rivero Urges Agents to Strike Balance Between Technology and Direct Client Contact When the Latin American Association of Insurance Agencies was establishing itself in the late 1960s and early 1970s, most of the members were recent Cuban arrivals …
As finance chiefs gathered in Washington D.C. this weekend to work out what went wrong with the world economy, the refusal of the U.S. Treasury to rescue investment bank Lehman Brothers was being blamed as the straw that broke the …
In the latest byproduct of the widening global financial crisis, Citigroup Inc. will acquire the banking operations of Wachovia Corp. in a deal facilitated by the government agency that insures the country’s bank deposits. Wachovia Insurance Services is not included …
Iowa Gov. Chet Culver said July 22 that state officials have identified $1.2 billion in flood damage that hasn’t been met by disaster aid, and he’s asking Congress to move quickly to provide more assistance. Culver pointed to the federal …
