March 30, 2007
A former campaign supporter of Alabamam Governor Bob Riley is suing him and other present and former state officials, accusing them of conspiring to drive him out of the insurance business. John W. Goff of Montgomery filed the suit last …
March 27, 2007
Attorney General Richard Blumenthal said today that the Connecticut Supreme Court has dismissed Mass Mutual’s appeal to stop him from publicly releasing the company’s internal investigative report on its former chief executive officer. Mass Mutual has until April 13 to …
March 26, 2007
Affordable Residential Communities Inc. of Englewood, Colo., closed its previously announced acquisition of Waco, Texas-based NLASCO Inc., a privately held property and casualty insurance holding company, and reported the promotion of Greg Vanek, NLASCO’s president and chief operating officer, to …
March 26, 2007
Affordable Residential Communities closes acquisition of Texas-based insurer Affordable Residential Communities Inc. of Englewood, Colo., closed its previously announced acquisition of Waco, Texas-based NLASCO Inc., a privately held property and casualty insurance holding company, and reported the promotion of Greg …
March 15, 2007
ACE Canada, a division of the ACE Group of Companies, has appointed Karen Barkley as president and chief executive officer. ACE Canada specializes in providing innovative and customized property, casualty and accident and health products to businesses and individuals nationally …
March 14, 2007
The CEO of the company that provides medical malpractice insurance to 1,450 physicians in West Virginia got an 18.5 percent pay raise last year, boosting his total compensation to $429,750, according to a report filed with the state insurance commissioner. …
March 13, 2007
HCC Insurance Holdings Inc. announced that J. Robert Dickerson has been elected as chairman of its Board of Directors and lead independent director. Dickerson, who is a retired tax attorney, is 65 years old and has served on the Board …
March 13, 2007
Travelers insurance said on Friday that it paid Chairman and CEO Jay S. Fishman $15.7 million last year, a period when calm weather fueled big profits for one of the nation’s largest commercial insurers. Fishman’s pay included a $1 million …
March 12, 2007
Susan M. Ivey, chairman and chief executive of Reynolds American Inc., received a compensation package valued by the company at $6.4 million for 2006, according to a proxy statement filed last week. Ivey received a salary of $1.14 million, incentive …
March 12, 2007
Lord Peter Levene, Chairman of Lloyd’s, reminded an appreciative audience in Singapore that “Asia is an exciting place to be right now. Its expertise and knowledge, combined with its vast population and low operating costs have led economists across the …