Cincinnati, Ohio-based American Empire Surplus Lines Insurance Co. (AESLIC) has named Frederick J. Woebse president and chief operating officer. He succeeds Robert Nelson, who was named chairman and chief executive officer, until the time of Nelson’s retirement in July 2010. …
The company had ‘demonstrated to the Director that it has implemented operational changes necessary to improve its business practices.’ The Missouri Department of Insurance has lifted its restrictions on the Chicago-based auto insurer, Universal Casualty Co., allowing it to start …
Washington, D.C.-based Clements International, which specializes in insurance for U.S. expatriates and international organizations, announced four promotions. Dan Tuman, former vice president of commercial insurance, is now vice president of insurance sales. He joined Clements International in 2000 and has …
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. Insurance for Nonprofits Market Detail: Alliance of Nonprofits for Insurance, Risk Retention Group (ANI-RRG) insures …
Western National Insurance Group of Edina, Minn., recently announced plans to affiliate with Wisconsin American Mutual Insurance Co. of Fond du Lac, Wis. The transaction is expected to close before fall 2010. It is anticipated that Wisconsin American will continue …
Standard & Poor’s Ratings Services is keeping its ‘A’ counterparty credit and financial strength ratings on Reserve National Insurance Co. on CreditWatch with negative implications. “We had placed these ratings on CreditWatch negative after Unitrin Inc. announced that it had …
A three-day U.S. Senate standoff over efforts to overhaul financial regulation ended on Wednesday as Republicans dropped efforts to block a Democratic bill in exchange for a handful of concessions. A deal to proceed came after Democrats threatened to keep …
Hiscox USA has opened a Southeast regional office in Atlanta, Georgia. The office, which is led by Robert Gadaleta will serve as a regional hub for brokers in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. …
Cedar Rapids, Iowa-based insurance company United Fire & Casualty Co. reported a dip in premiums earned in the first quarter of 2010 compared with that in the same period in 2009, but total revenues and net income rose. In the …
Equity Risk Partners (ERP), an insurance brokerage and employee benefits consulting firm focused exclusively on the needs of the private equity industry, has added Charles Blackmon as senior principal – Executive Liability in its Chicago, Ill., office. Blackmon joins Equity …
