The Insurance Educational Association (IEA) Board of Trustees announced that Roy Little has joined the association as president and CEO. Little comes to IEA from Frye Claims Consulting where he was president. Previously, Little served as vice president at ePolicy …
Neil Utley, the former chief executive of the U.K.’s Cox Insurance Holdings plc, who resigned in June 2004, has reached a preliminary agreement to takeover the company for £300 million ($577.6 million). A company bulletin said: “Cox announces that it …
The Netherlands-based Eureko group announced record profits for 2004. Consolidated net income, which includes capital gains, rose to 1.153 billion euros ($1.54 billion), while net income excluding capital gains doubled to 486 million euros ($650 million) from 243 million euros …
The Target Markets Program Administrators Association announced that Stephen Way, chairman and chief executive officer of HCC Insurance Holdings, will provide a keynote presentation titled: “Why should we buy your MGU””, at the association’s mid-year meeting scheduled for April 25-27, …
More than 100 homeowners, clutching manila file folders full of hurricane-related paperwork, newspaper reporters and other interested persons milled around the Fort Pierce, Fla. City Hall on March 11 waiting for Florida’s CFO Tom Gallagher to arrive for the “Consumer …
Thomas Comer, president and CEO of Swett & Crawford, announced to employees at the end of the business day on March 14 that he will be leaving the company, according to unidentified sources. The reason for Comer’s departure is unknown …
The fallout from the investigations into conflicts of interest and questionable practices in the U.S insurance business spearheaded by New York Attorney General Eliot Spitzer has reached into the board room of one of the world’s largest insurers and accelerated …
Lloyd’s Chairman, Lord Peter Levene, addressing a gathering of the Norwegian insurance industry, reminded his audience of the historic ties between the U.K. and the Scandinavian nation, observing that the two countries enjoyed a “a good business relationship.” He also …
By Chairman Warren Buffett’s own admission, Berkshire Hathaway Inc. did not have one of its best years in 2004. Last year, Berkshire’s book-value gain of 10.5% fell short of the S&P 500 Index’s 10.9% return. In his annual letter to …
Federal and state investigators are looking into a deal between American International Group Inc. and Berkshire Hathaway Inc.’s General Reinsurance unit in part because of the alleged involvement of AIG’s chairman and chief executive, The Wall Street Journal said on …
