August 11, 2009
Willis Aerospace, a division of Willis Group Holdings, has appointed Stephen Kisor to its global aviation team as executive vice president and head of the Willis Aviation office in Los Angeles. Kisor, who will be joining Willis from Aon, will …
August 10, 2009
Cincinnati, Ohio-based Great American Insurance Group’s Environmental Division has expanded its product line to include a combined general and pollution liability insurance product. This product offers cost efficient solutions to industries that have pollution exposure that is not adequately addressed …
August 10, 2009
In a decision announced Aug. 4, 2009, the Supreme Court of Ohio held that when a liability insurance policy defines a covered “occurrence” as an “accident,” a negligent act committed by an insured party qualifies as an “occurrence” in cases …
August 6, 2009
The Ohio Department of Insurance has revoked the insurance education provider contract and license of an agent the department found to be falsifying continuing education credit hours for hundreds of insurance agents. George Armstrong, owner of Professional Education Corporation (P.E.C.), …
August 5, 2009
Northeast personal lines insurer Plymouth Rock Assurance Corp. reported that Chris Olie will assume the role of president, a position currently held by Hal Belodoff. Belodoff will become chairman of Plymouth Rock Assurance Corp. and will continue his role as …
August 5, 2009
The Ohio Insurance Institute (OII) recently reported that premiums for homeowners and auto insurance in that state remain lower than the U.S. average. On its Web site, www.ohioinsurance.org, the OII released the following information regarding Ohio’s auto and homeowners insurance …
August 5, 2009
Cincinnati, Ohio-based Great American Insurance Group announced that its Alternative Markets Division has expanded its underwriting to include single entity captives. Highlights of Great American’s single entity captive model include: Target account premiums of $750,000 and higher Multi-line capabilities, including …
August 4, 2009
Ohio Department of Insurance Director Mary Jo Hudson announced the addition of Melissa Kuhn Wheeler to the agency’s policy department. Wheeler has five years of experience working with the Ohio General Assembly. Most recently, she served as Legislative Liaison for …
August 4, 2009
First-quarter bank holding company (BHC) insurance brokerage income of $3.03 billion was up 15.0 percent from $2.63 billion in fourth quarter 2008, which marked the lowest point of quarterly insurance income since 2005, according to the Michael White-Prudential Bank Insurance …
August 3, 2009
Top 20 Bank Holding Companies in Insurance Brokerage Fee Income (2008/Nationally) Rank 2008 Insurance Brokerage Fee Income Bank Holding Company Name City, State 1 $1.60 billion Wells Fargo & Co. San Francisco, Calif. 2 $1.21 billion Citigroup Inc. New York, …