March 27, 2009
The former CEO of Louisiana’s state-backed insurance company wants the criminal case against him moved from East Baton Rouge to Jefferson Parish. Terry Lisotta’s lawyer, David Courcelle, said the fraud case should be in Jefferson Parish because that’s the home …
March 20, 2009
Thoits Insurance of San Jose, Calif., has promoted Paul Saich to CEO, effective immediately. Saich replaces Don Way, who has been with Thoits for 44 years, and will remain as chairman of the board. Saich joined Thoits Insurance in 1996 …
March 19, 2009
The head of the nation’s most vilified corporation sat before irate lawmakers at a U.S. congressional hearing Wednesday and was assured, “We don’t intend to harass you.” Then the harassment began. Edward Liddy, chairman and chief executive of insurer American …
March 18, 2009
American International Group CEO and Chairman Edward Liddy is among those scheduled to testify before a House subcomittee today on Capitol Hill. The hearing of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises will be …
March 18, 2009
The chief executive of Ohio-based auto insurer Progressive Corp. received 8.8 percent less compensation in 2008 mainly because he declined to accept a performance-related bonus, as investment losses led to the company’s first annual loss in 26 years. Glenn Renwick, …
March 18, 2009
American International Group CEO and Chairman Edward Liddy was among those scheduled to testify before a House subcomittee March 18 on Capitol Hill. The hearing of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises will …
March 17, 2009
Arch Reinsurance Company announced that John Rathgeber has been appointed Chairman and CEO and Tim Olson has been appointed President and COO as of March 1, 2009. Rathgeber previously served as President and CEO and Olson as Chief Underwriting Officer …
March 16, 2009
Glencairn, the Property, Casualty, Accident and Health broker within Faber & Dumas, the third-party wholesale insurance broker of the Willis Group, announced that Tony Pickering has joined Glencairn Energy as Deputy Chairman, effective immediately, reporting to its Chief Executive Alan …
March 16, 2009
Brotherhood Mutual Insurance Co. in Fort Wayne, Indiana announced several changes to its board of directors including naming Mark Robison, president and CEO, as named chairman of the board. James Blum, who retired from his role as company president in …
March 12, 2009
Blue Cross Blue Shield of North Dakota has fired its president and chief executive officer after coming under fire for a Caribbean retreat attended by more than 30 sales employees and guests. Mike Unhjem has been the Blues’ top executive …