April 5, 2004
Evan Greenberg 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 …
April 1, 2004
Iowa is the first state this year to pass credit-based insurance scoring legislation based on the National Conference of Insurance Legislators’ (NCOIL) model act. The governor is expected to sign the legislation, the Property Casualty Insurers Association of America said …
April 1, 2004
Jack Cassell “was pretty happy just being a producer,” and he had been since entering the insurance business in 1979. But he saw an opportunity when the agency he was working for, Wichita, Kan.-based Manning & Smith Insurance was acquired …
March 31, 2004
United Fire & Casualty Company announced it will close its New Orleans Regional Office and consolidate its business with that of the company’s regional office in Galveston, Texas. All of the office’s administrative and underwriting operations will be transferred to …
March 30, 2004
A combination of heat, pressure and explosives was used last February to blow to smithereens the baseball involved in a play that some Cubs fans say cost their beloved team a trip to its first World Series in 58 years. …
March 30, 2004
A host of personal lines issues — ranging from credit scoring to a commissioner-requested data call to state fines on drivers with no proof of auto insurance — headlined the Michigan Association of Insurance Agents (MAIA) convention last February and …
March 24, 2004
Des Moines, Iowa-based Hawkeye-Security Insurance has named Michael Connell as its new president and CEO. Hawkeye-Security is a member of Boston-based Liberty Mutual’s regional agency markets program. Connell was promoted to CEO from his position as regional vice president in …
March 24, 2004
West Bend Mutual Insurance Co. announced it reached a record $1 billion in assets during 2003, making it one of about 90 insurers to reach that level, according to a statement from the Wisconsin-based carrier. The company said the increased …
March 22, 2004
To say today’s human resource managers are getting the squeeze is the understatement of the year. They are forced to do more with less, yet at the same time, they need to provide more options. In a recent study conducted …
March 22, 2004
Following a week of intense negotiations, the Iowa Senate approved a bill to restrict credit-based insurance scoring by a vote of 49 to 0. A coalition of industry advocates, led by captive-agent carrier State Farm, successfully amended the bill to …