Aon Corp. recently announced that Michael S. Flanagan has been named managing director within the Aon Technology Group and Michael C. Lamprecht has been named senior vice president within the Aon Financial Services Group. Both the Aon Technology Group and …
Standard & Poor’s Ratings Services has assigned its ‘BBB+’ insurer financial strength rating to Dongbu Insurance Co. Ltd. (Hawaii Branch) with a stable outlook. “The rating reflects Dongbu Insurance’s good competitive position in Korea, strong capitalization, and solid operating performance,” …
The Hanover Insurance Group has appointed Kristen Albright to chief actuary. In this role, she will be responsible for all actuarial functions company-wide and serve as a member of the company’s operating committee. Albright joins The Hanover from Liberty Mutual, …
Chicago, Ill.-based Geo. F. Brown & Sons, Inc. recently announced the appointment of Brian J. Murphy as vice president, Brokerage Operations. Mark Strong, president of Geo. F. Brown and Sons, said that “Brian’s main charge will be to significantly grow …
The Texas Department of Insurance Division of Workers’ Compensation (DWC) announced final disciplinary actions taken by Commissioner of Workers’ Compensation Albert Betts during June and July 2007. The final actions include orders assessing administrative penalties totaling $153,427 for violations of …
The Chubb Group of Insurance Companies announced it has introduced its admitted excess flood insurance policy in Texas. With the inclusion of Texas, Chubb has launched its flood insurance products in 27 states and the District of Columbia as part …
Austin, Texas-based Medicus Insurance Co. recently announced its entry into the professional medical liability insurance market in Illinois. Supporters of more companies entering the Illinois market credit the passage of the Illinois Tort Reform Act, signed by Gov. Blagojevich in …
The U.S. Department of Justice is weighing whether to intervene in a lawsuit that accuses insurance companies of overbilling the federal government for flood damage from Hurricane Katrina, a judge who unsealed the case on Monday said. A team of …
Michael McAndrews would like to know what business Allstate has telling him he must buy wind and hail coverage — or else. McAndrews received a letter July 12 that said Allstate will not renew his homeowner’s coverage for fire and …
Governor says stop “Insurance companies shouldn’t use someone’s illness as an excuse to raise profits. It’s wrong and we intend to stop it.” — Illinois Governor Rod Blagojevich comments on health insurers in the state raising premiums, during an event …
