A plea deal may be in the works for the former chief executive of Louisiana’s state-run property insurance company. Defense attorneys and state prosecutors said they have been talking about a possible plea bargain for Terry Lisotta, who was indicted …
Willis Group Holdings Chairman and CEO Joe Plumeri, speaking to a meeting of insurance executives at Willis’ London headquarters, reiterated the broker’s long standing position that it would not accept contingent commissions. Plumeri explained that disclosure of broker and agent …
Santa Maria & Co. Risk and Insurance, a Walnut Creek, Calif.-based provider of risk management services, has named a new chairman, and has made two new hires and a promotion. Randolph L. Tom joins the company as non-executive chairman of …
C.V. Starr & Co. (California) has appointed Michael Garrison president and CEO. The company is an indirect wholly owned subsidiary of C. V. Starr & Co. Inc., and provides comprehensive casualty insurance solutions to a range of specialty classes, including …
Georgia Insurance Commissioner John Oxendine has begun a criminal investigation into the business practices of M. Clark Fain, III, the former chief executive officer of Southeastern U.S. Insurance, Inc. (SEUS), a workers’ compensation company. The investigation follows an Oct. 27 …
Irvine, Calif.-based Superior Access Insurance Services Inc. (SAIS), an online wholesaler of insurance products and services, named Tom Crawford chairman of the board of directors. Before joining Superior Access, Crawford served as chairman of the board and president and CEO …
Veteran insurance executive Maurice “Hank” Greenberg bristles ever so slightly when asked about his upcoming 85th birthday. “There are two types of birthdays — chronological and biological. Doctors tell me biologically I am 25 years younger,” the former AIG chief …
Former AIG CEO Maurice “Hank” Greenberg said the rising tide of questions about the government’s 2008 rescue of the insurer could be the catalyst for a dramatic overhaul of the bailout. “I believe that for the first time there is …
Steve Crawford has been named president and chief executive officer at Grinnell Mutual Reinsurance Company located in Grinnell, Iowa. For the past two years, Crawford has served as the company’s chief operating officer. During Crawford’s 34-year career at Grinnell Mutual …
Grange Insurance, based in Columbus, Ohio, named Robert V. James, 55, as president and CEO effective Jan. 18. Retiring president and CEO Phil Urban will serve in an advisory capacity until Feb. 26 to ensure a seamless transition of responsibilities. …
