Zurich Financial Services Group announced that, effective June 1, Inga Beale (45) who currently serves as Head of Organizational Transformation and Mergers & Acquisitions (M&A) will assume the position of Global Chief Underwriting Officer. Mike Kerner (43) who currently serves …
Standard & Poor’s Ratings Services has revised its outlook to negative from stable on Franch composite insurer Groupama S.A. S&P also affirmed the Group’s ‘A+’ long-term counterparty and insurer financial strength ratings. “The negative outlook reflects our view of the …
The in-house watchdog for the U.S. Treasury Department’s massive financial rescue program is examining billions of dollars in counterparty payments made by bailed-out insurer AIG to major banks, such as Goldman Sachs, according to a letter obtained Tuesday. American International …
Ed Largent is now chief administrative officer and Stuart Rosenberg is chief technology officer at Westfield Group of Ohio. Largent assumes responsibility for corporate oversight of human resources, information technology, training, and the internal audit department, as well as Westfield …
Florida Governor Charlie Crist has named Marjorie Renee Hill of Tallahassee as Judge of Compensation Claims. Hill, 47, has served as the director of the First District Court of Appeal’s Workers’ Compensation Unit since July 2008. Previously she has served …
Higginbotham & Associates, an independent insurance brokerage firm based in Ft. Worth, Texas, added employee benefits brokers John Collins, Dana Jones and Rob Marsh to its managing director team for 2009, in recognition of their contributions to the firm. With …
Barney & Barney appointed Arlene Lieberman, a principal of the firm, to the board of directors. This governing board is made up of senior leadership and has responsibility for overall governance matters and setting strategic direction for the 100-year-old firm. …
The witch hunt that has engulfed AIG needs to be toned down. If for no other reason than it’s making the problem worse, not better. It also reduces the likelihood that U.S. taxpayers will get back any of the money …
World leaders clinched a $1.1 trillion deal on Thursday to combat the worst economic crisis since the Great Depression and said financial rules would be tightened to stop it happening again. U.S. President Barack Obama declared it a “turning point” …
The European Union has joined the Caribbean Catastrophe Risk Insurance Facility’s (CCRIF) 16 member governments – Canada, the World Bank, the United Kingdom, Bermuda, Ireland, France and the Caribbean Development Bank – in donating to the facility’s reserve pool. The …
