The Seibels Bruce Group Inc., a property/casualty insurance holding company based in Columbia, S.C., announced that Charles H. Powers has assumed the position of chief executive officer. Powers also currently serves as the company’s chairman of the board and has …
In an interview with the French financial journal La Tribune, AXA’s CEO, Henri de Castries indicated the company had no plans to raise additional capital and had sufficient funds on hand to continue its development. AXA, along with a number …
The Insurance Education Foundation (IEF) announced the selection of Jack Clanton as Chief Executive Officer. “Jack Clanton brings a wealth of insurance industry experience to his new role,” IEF Chairman, William Lebo, said. “We look forward to IEF’s continued growth …
Gary Wendt announced yesterday that he was stepping down as the CEO of Conseco, the troubled Indianapolis-based financial services provider, but will remain as Board Chairman. Bill Shea, the current President and COO will replace him Wendt has been at …
In a letter to the United States Senate and Chairman Paul Sarbanes, the Independent Insurance Agents & Brokers of America (IIABA) is commending the Chairman in seeking a quick resolution to the present terrorism reinsurance legislation being discussed. Below is …
Marsh & McLennan Companies, Inc. (MMC) announced that John Sinnott, chairman and CEO of Marsh Inc., the company’s risk and insurance services business, will retire from the firm in July 2003. Ray Groves, president and COO of Marsh Inc., will …
Lloyd’s Chairman Sax Riley told an audience of 600 insurance professionals in Milan, Italy that the way in which business organizations manage the risks they face is becoming an increasingly important factor in the price they pay for their insurance. …
Credit Suisse (CS), the parent company of U.S. investment bank Credit Suisse First Boston (CSFB) and the Winterthur Group, has ousted its Chairman and CEO Lukas Mühlemann, following a number of negative developments. Mühlemann, the former Chairman and CEO of …
The board of directors of Boca Raton, Fla.-based NCCI Holdings Inc., a workers’ compensation products and services provider, appointed Stephen Klingel as president and CEO of the company. Klingel is currently senior vice president—Commercial Lines, with The St. Paul companies. …
The Professional Insurance Agents of New York (PIANY) will be jointly sponsoring the 2002 CEO Agency Conference with the New York Insurance Association and the Young Insurance Professionals Network. The event will feature a panel discussion allowing for critical interface …
