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Swiss Re CEO Says Infrastructure Investment, Insurers Good Match

Swiss Re AG Chief Executive Officer Michel Lies called for the creation of a special infrastructure asset class to allow insurers to invest in projects such as roads and bridges. “If you take all the insurance industry, all the money …

White Appointed Director of Innovation at Accident Fund Holdings

Lansing, Mich.-based Accident Fund Holdings Inc. has appointed Jeffrey Austin White as director of innovation. White will lead the newly created innovation team in identifying opportunities for the business to generate revenue and improve operations while leveraging solutions backed by research, …

Maine Bureau of Insurance Recovered $3.4M for Consumers in 2014

Maine Insurance Superintendent Eric Cioppa said the state Bureau of Insurance recovered nearly $3.4 million on behalf of Maine consumers and businesses in 2014. More than $2.4 million was recovered for consumers by the Bureau’s Consumer Health Care Division, and …

IFG Companies Promotes Lewis to Executive VP in Connecticut

IFG Companies has promoted Christopher M. Lewis to executive vice president. He is based in IFG’s Hartford, Connecticut, office. Over the past year, Lewis has served as IFG’s chief risk officer, where he has been responsible for developing and overseeing …

Third Point Re Picks Short Hills, N.J., as U.S. Subsidiary Location

Third Point Reinsurance Ltd., the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, has picked Short Hills, New Jersey, as the location for a new U.S. subsidiary. Shane Haverstick, senior vice president of operations, said he’s moving to the new …

California Court Rejects Insurance Challenge to Prop. 103

The Sacramento Superior Court issued a decision rejecting an insurance industry challenge on the California insurance commissioner’s regulations under Proposition 103 that limit the amount of advertising costs insurers may pass on to consumers through insurance premiums. California Insurance Commissioner …

USG Lauches New California Office With Tourtellott

USG Insurance Services Inc. has launched a new office in San Diego, Calif. and hired Michael Tourtellott as a producer and broker in the office. Tourtellott will handle commercial lines accounts nationally, with a focus on their product lines. Tourtellott …

Penn. Insurance Dept.: 2014 Was a Banner Year for Consumer Protection

The Pennsylvania Insurance Department said 2014 was a banner year for consumer protection. The department said its Office of Market Regulation concluded 2014 by collecting more than $4 million in penalties and fines and recovering approximately $295 million in restitution …

Campbell Named CIG’s Agency Development Manager for Northern California

Capital Insurance Group has named Dawnya Campbell agency development  manager for the Western portion of the Bay Area Territory in the Northern California Region. The Northern California regional team serves independent agents for agri-business, personal lines and commercial lines accounts. Campbell …

SASSI Introduces Workers’ Comp Coverage for Beauty Shops

The Salon and Spa Specialty Insurance agency (SASSI), is now offering workers’ compensation insurance coverage for salons, day spas, electrologists, beauty schools and barber shops. Available through RTW, Inc., the CompConnect program is available in most states. To meet the …

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