March 24, 2004
PIA Management Services Inc. announced the recent selection of Kenneth Bessette as its president and chief executive officer succeeding outgoing President James E. Reed who had held the position for the past 20 years. The organization’s Board of Directors announced …
March 16, 2004
Caryn Brenna Siebert has been selected as president and CEO of Orange, Calif.-based Carl Warren and Company. Siebert previously served as vice president & national director of claims operations at Safeco Insurance Company. Siebert, an attorney and former general counsel, …
March 11, 2004
The board of directors of Bermudan insurer ACE Ltd. has elected its president, Evan G. Greenberg, to the additional post of CEO, effective May 27, 2004. Greenberg was formerly a top executive at American International Group and is the son …
March 10, 2004
Federal Insurance, a subsidiary of Chubb Corp., has been ordered to assume the legal costs of Tyco International Ltd., Chairman L. Dennis Kozlowski, who’s currently on trial, along with ex-CFO Mark Swartz, in Manhattan on charges they looted the company …
March 10, 2004
MarketScout released its barometer for the month of February, noting rate reductions among other topics. According to Richard Kerr, chairman and CEO, of MarketScout, “The Lloyds and London Companies market is easing. Despite the almost $1 billion in January claims …
March 4, 2004
Bermuda-based Montpelier Re Holdings Ltd. announced that its Chairman, President and CEO, Anthony Taylor, has adopted a written plan in accordance with Rule 10b5-1(c) under the Securities Exchange Act of 1934 for the purpose of selling limited amounts of his …
March 4, 2004
Massachusetts has a capacity crisis not just an auto market crisis which is being played out most vividly on Cape Cod and could spill over into other lines if more and bigger companies are not attracted to the state, according …
March 1, 2004
Bermuda-based Montpelier Re Holdings Ltd. announced that Anthony Taylor has been appointed Chairman of the Board of Directors. Retiring Chairman, Jack Byrne, commented: “Anthony is the driving force behind our lovely success since the Company was founded just two and …
February 20, 2004
Duarte, Calif.-based City of Hope, a world-renowned research and treatment center for cancer and other life-threatening diseases, announced the appointment of Philip L. Engel, former president of Chicago-based CNA Insurance Companies to chairman of the board of directors. A widely …
February 12, 2004
Philadelphia-based PMA Capital announced a net fourth quarter loss of $20 million, or 64 cents per share, compared with a net loss of $10.4 million, or 33 cents per share, for the fourth quarter of 2002. The Company also announced …