Insurance holding company W. R. Berkley Corp. reported net income for the third quarter of 2009 of $98 million, compared to a net loss of $28 million for the third quarter of 2008. Operating income for the third quarter of …
AIG Chief Executive Robert Benmosche has moved to assure employees that recently appointed U.S. pay czar Kenneth Feinberg will not attempt to claw back compensation. “It is important that all of you know that the Special Master’s jurisdiction is quite …
The board of directors of California’s State Compensation Insurance Fund today announced that it has appointed Doug Stewart, Chief Risk Officer, as president and CEO on an interim basis, replacing outgoing CEO Janet D. Frank. “The board is very confident …
The Bermuda-based Max Capital Group Ltd. announced the appointment of Adam Mullan as Chief Executive Officer of Max at Lloyd’s Ltd., the Lloyd’s managing agent for Syndicates 1400, 2525 and 2526. The appointment is subject to the approval of the …
Southwest Insurance Partners Inc (SWIP) reported that Arthur Seifert has joined the group as chief executive officer of Houston-based Bunker Hill Insurance Agency (BHIA), its wholly owned underwriting agency subsidiary. Seifert has a BA from Colgate and has been in …
Hartford Financial Services Group Inc. named a former Bank of America Corp. executive to be its new CEO, and he already has plans to introduce enhanced risk management after record losses at the 199-year-old insurer. Liam McGee, former head of …
Willis Group Holdings announced the appointment of Hugh Powell as CEO, Latin America, for Willis Facultative. He will have responsibility for Willis’ facultative reinsurance business across the entire region and will join the Executive Committee of Willis Facultative. The committee …
LOS ANGELES – City of Hope’s National Insurance Industry Council (NIIC) will honor James L. Weidner, chief executive officer of Cooperative of American Physicians Inc. (CAP), with The Spirit of Life® Award, City of Hope’s most prestigious philanthropic honor. Weidner …
Bermuda-based Montpelier Re Holdings Ltd. announced that Anthony Taylor will continue to serve as Chairman of the Board of Directors of the Company in a Non-Executive capacity effective January 1 following expiration of his current service agreement. He joined Montpelier …
United Fire & Casualty Company, headquartered in Iowa, announced that Jack B. Evans, currently vice chairman of the company’s board of directors, has been named interim chairman. Evans immediately assumes the post left vacant by the untimely passing of J. …
