March 8, 2007
The chairman of the Senate Finance Committee said Tuesday that he is pushing for an additional $50 billion over five years for a health care program that insures millions of children. That is more than double what the Bush administration …
March 7, 2007
The Bermuda-based White Mountains Insurance Group, Ltd. announced that Allan Waters has been elected CEO of its White Mountains Re Group, Ltd. He succeeds Tom Hutton, who remains Deputy Chairman of the White Mountains Re Board and will serve as …
March 7, 2007
State Farm Insurance’s chairman and CEO received an 82 percent raise after the company posted a record profit last year, a statement from the Bloomington-Ill.-based insurer said this week. Chairman and Chief Executive Officer Ed Rust Jr. got a $5.26 …
March 5, 2007
Greg Case, Aon’s president and CEO, told an attentive London audience (as summarized on the Lloyd’s web site – www.lloyds.com) that the City would retain its pre-eminence in the global risk and insurance market, but it needs to speed up …
March 2, 2007
The Board of Directors of Bermuda-based ACE Limited has elected the CEO of the Company, Evan G. Greenberg, to the position of Chairman of the Board of Directors, effective at the time of the Annual General Meeting in May 2007. …
February 27, 2007
Brian Storms, Chairman and CEO of Marsh Inc, speaking at the opening of the Marsh National Oil Company conference in Dubai, told delegates: “The world’s desire for environmentally-friendly energy sources appears to be rising faster than global temperatures. This is …
February 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 …
February 25, 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 …
February 22, 2007
Guy Carpenter & Company, MarshMac’s global risk and reinsurance specialist, announced that Chairman Salvatore D. Zaffino has retired from the firm. The bulletin said he would “continue in the role of Non-Executive Chairman of Guy Carpenter & Company, LLC. In …
February 21, 2007
HCC Insurance Holdings Inc. announced that Stephen L. Way, chairman and founder of HCC, is retiring from its Board of Directors. Frank J. Bramanti, chief executive officer of HCC, said, “On behalf of the entire Board of Directors, employees and …