September 20, 2010
Former AIG Chief Executive Officer Martin Sullivan, who was ousted three months before the U.S. government bailed the insurer out, is joining Willis Group Holdings PLC. Sullivan will head a new unit – Willis Global Solutions– that will oversee brokerage …
September 20, 2010
$66,500 The refund that an Indiana insurance agent Timothy Allen Craig will pay to poultry farmers in Mississippi under a settlement announced by Insurance Commissioner Mike Chaney. Chaney said the refund will go to 500 insured farmers for inspections of …
September 20, 2010
When companies go out of business, their leaders often blame something other than their own performance for the failure. Lehman Bros.’s CEO Richard Fuld said his compensation package had nothing to do with his firm’s death in 2008. Ken Lay …
September 16, 2010
Goldman Sachs Group Inc. was hit with a gender bias lawsuit by three women who said Wall Street’s most profitable bank maintains an “outdated corporate culture” that systematically deprives women of pay and promotions available to men. The plaintiffs are …
September 15, 2010
South Carolina’s governor, Mark Sanford, and its insurance commissioner, Scott Richardson, were both in Columbia this week to help Aflac Group Insurance announce a major expansion of the Group’s presence in the city. Aflac Group Insurance has leased another 27,000 …
September 15, 2010
A Florida judge said Tuesday he would hear arguments Dec. 16 on a lawsuit by 20 U.S. states seeking to block President Barack Obama’s overhaul of the U.S. health care system. U.S. District Judge Roger Vinson, who is weighing a …
September 14, 2010
AssuranceAmerica Corporation announced today that Sheree Williams has joined AssuranceAmerica Corporation as its Senior Vice President and Chief Financial Officer effective September 13, 2010. Ms. Williams was most recently VP of Finance at 21st Century Insurance and Financial Services (previously …
September 14, 2010
A.M. Best Co. has downgraded the issuer credit rating of Southern General Underwriters Insurance Company (SGU) Marietta, Georgia, to “bbb” from “bbb+” and affirmed the financial strength rating of B++ (Good). Concurrently, A.M. Best Co. has affirmed the financial strength …
September 7, 2010
Brokers Insurance Group (BIG) has named Justin McAdara a director. McAdara has a diverse background, including realtor, insurance marketing representative and professional musician. He was a top producing real estate agent in Rancho Cucamonga, Calif., for over a year when …
September 6, 2010
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Contractors Preferred Program Market Detail: Tangram Consulting and Underwriting Services Contractors Preferred Program is a …