It may seem a simple solution to the brewing U.S. retirement crisis: Get people to work until 70 before retiring and 85 percent will have the money they need for retirement. They will save more during additional years in jobs …
Four directors will retire from the Kansas Insurance Department on Dec. 5. The retirements announced on Nov. 25 come as Insurance Commissioner Sandy Praeger prepares to leave office in January. Department spokesman Bob Hanson says the retirements were all planned. …
The board of directors of the Surplus Lines Stamping Office of Texas (SLSOT) announced the retirement of Philip R. Ballinger as executive director after 22 years of distinguished service. He will remain in the post until Jan. 2, 2015. Ballinger …
The Chubb Corp.’s board of directors announced Thursday that John D. Finnegan, Chubb’s chairman, president and chief executive officer, will remain in his current roles until the end of 2016, breaking a Chubb policy that senior executives should retire at …
Insurance wholesaler Highland Risk Services has partnered with Ironshore to provide liability insurance for the Empirical Risk program, which is designed specifically for continuing care retirement communities (CCRCs). CCRCs combine at least three levels of care – independent living, assisted …
On Jan. 31, 2013, the 167 independent insurance agencies representing Fremont Insurance Co. presented Richard E. Dunning with a special recognition for his contributions and service as retiring CEO of Fremont Insurance Co. In his honor, a donation was also …
Delaware Insurance Commissioner Karen Weldin Stewart expressed concern for soon-to-retire Baby Boomers (those born between 1946 and 1964), many of whom will face the uncertain prospect of finding alternative health insurance coverage until they reach the age of 65 when …
Unions representing state workers in New York have filed a federal lawsuit Wednesday against the Cuomo administration challenging an increase in health insurance contributions for thousands of retirees. According to the unions, the unilateral change raised rates another 2 percent …
Swiss Re’s Board of Directors announced that Stefan Lippe has decided to step down as CEO of Swiss Re in the course of 2012. The board also indicated it expects to name his successor soon. Walter Kielholz, Chairman of the …
Business property insurer FM Global said Vice Chairman Ruud Bosman will retire in November after 40 years with the company. Upon Bosman’s retirement, several planned leadership changes will take place at FM Global. Jonathan Hall and Thomas Lawson, both executive …
