December 22, 2008
Tulsa, Okla., fire officials say initial damage estimates after a raging industrial fire at a petroleum recycling facility at the Tulsa Port of Catoosa may be close to a half-million dollars. But Fire Capt. Michael Baker says they managed to …
December 18, 2008
Risk Reducers, a division of Swett & Crawford which specializes in placement of workers’ compensation coverage, has expaned into the California market with plans to expand nationally, the company said. Brian Barrilleaux, vice president of Risk Reducers said, “A California …
December 16, 2008
Hallmark Financial Services Inc. (Hallmark), based in Fort Worth, Texas, reported its subsidiary TGA Insurance Managers Inc. (TGA) will start issuing excess and surplus lines policies through its affiliate Hallmark Specialty Insurance Company (HSIC) in Texas and Louisiana, beginning Jan. …
December 10, 2008
One day after it stole the long-time chief executive officer of giant surplus lines insurer Lexington Insurance Co., specialty insurer Ironshore Inc. announced that another former Lexington executive, Shaun Kelly, has been appointed chief executive officer of U.S. Operations. Kelly …
December 9, 2008
Specialty insurer Ironshore Inc. has named Kevin Kelley its chief executive officer. Bob Deutsch, the company’s founding CEO, will become Ironshore’s president. Kelley has been the longtime CEO of Lexington Insurance Co., which under his leadership became the largest excess …
December 9, 2008
American International Group (AIG) has named Peter Eastwood as president and chief executive officer of leading surplus lines insurer Lexington Insurance Co., a unit of AIG Commercial Insurance. Eastwood assumes management responsibility for Lexington from Kevin H. Kelley, who has …
December 4, 2008
Hiscox Ltd., an international specialist insurer, announced that it is expanding its US business and refocusing its reinsurance portfolio to take full advantage of market opportunities. The Group also noted that its ratings have been upgraded by Standard & Poor’s …
December 2, 2008
Following the closing of its acquisition of the UK-based Benfield Group, Aon has announced that it has created a new global specialty business unit – Aon Specialty. The bulletin described the new operation as “a strategic move designed to take …
November 17, 2008
Mildred Hull and her husband, Stanley, were in their mobile home near Oklahoma 19 when a 20-inch natural gas pipeline exploded about 3 a.m. Nov. 14, destroying the couple’s home and two others, authorities said. Mildred Hull had burns on …
November 13, 2008
Cleanup is continuing after an oil well explosion near Duncan, Okla., on Nov. 5 spewed petroleum product onto nearby homes. The explosion occurred at a well three miles west of Duncan. Ron Smith, a field supervisor for the Oklahoma Corporation …