BB&T Corporation in Winston-Salem, N.C. said it would acquire brokerage and investment banking firm Bergen Capital Inc. Bergen Capital will become part of Richmond, Va.-based Scott & Stringfellow, a wholly owned brokerage and investment banking subsidiary of BB&T Corp. The …
The opening of a Charlotte, N.C. branch office and the assignment of Rich Abraham as its branch manager has been announced by ACE USA of Philadelphia, the U.S.-based retail operating division of the ACE Group of Companies. Abraham will work …
In a detailed new investigation, National Public Radio examined the U.S. Department of Agriculture’s recent allegations that some farmers across the country cheated the U.S. Treasury and insurers out of $160 million last year. Interviews with 50 individuals in eight …
James River Group Inc. in Chapel Hill, N.C. reported a net loss of $9.5 million for the third quarter of 2005 compared to net income of $3.0 million for the third quarter of 2004. The net loss for the third …
Steven C. Mansfield is the newest member and branch manager of the South Jersey Branch of DVUA of New Jersey, Inc., announced Edward Levy, president and chief executive officer. Mansfield will be responsible for managing all aspects of DVUA’s South …
Rhonda Cabrinha Rhonda Cabrinha, vice president of Ellis Moreland Ellis Inc. in Syracuse, New York, was named the Insurance Person of Distinction during the recent annual Syracuse I-Day event. Cabrinha rose through the ranks to become an owner of Ellis …
A number of Mid-Atlantic states are forming what they are calling the All Hazards Consortium to increase preparedness by enabling emergency management participants to share strategies and integrate planning. The AHC, a not-for-profit organization, emerged from last year’s All Hazards …
Credit-based insurance scoring has been a contentious legislative and regulatory issue in the world of insurance for at least the last three or four years, but the nature of the debate has changed, Robert Detlefsen, National Association of Mutual Insurance …
Cathy DeCoulaz Jim Shevlin has been named assistant vice president and regional business development manager for ACE USA’s Southeast Region. ACE USA is headquartered in Philadelphia, Pa. Marta Reeves Based in Atlanta, Shevlin will manage distribution, product sales and marketing …
Barbara Carey ACE USA announced two appointments in its ACE Casualty Risk Unit. William Hazelton has joined as senior vice president and underwriting manager for ACE Environ-mental Risk, and Mitchell Schmidt is now senior vice president and underwriting manager for …
