American International Group (AIG) named Peter Eastwood president and CEO of Lexington Insurance Co., a unit of AIG Commercial Insurance. Eastwood assumes management responsibility for Lexington from Kevin H. Kelley, who has left the company. Eastwood joined AIG in 1991 …
Westminster American Insurance Co. of Maryland has named Craig Heuman as marketing director. Heuman has over 30 years of experience as a production underwriter for Harford Mutual Insurance Co. He is responsible for developing business in Maryland, Pennsylvania and Washington, …
Former Iowa Insurance Commissioner Therese M. Vaughan, Ph.D., has been named chief executive officer of the National Association of Insurance Commissioners (NAIC), effective Feb. 18, 2009. Vaughan replaces Catherine J. Weatherford, who left the NAIC in July 2008. Andrew Beal, …
Former Iowa Insurance Commissioner Therese M. Vaughan, Ph.D., has been named chief executive officer of the National Association of Insurance Commissioners (NAIC), effective Feb. 18, 2009. Vaughan replaces Catherine J. Weatherford, who left the NAIC in July 2008. Andrew Beal, …
Despite earning praise from major insurance brokerages, a proposed new regimen of compensation disclosure rules for insurance producers has New York agents on edge. The draft regulations issued earlier this week include rules that establish “minimum disclosure requirements.” Those requirements …
Aon Corp. President and Chief Executive Officer Gregory C. Case has been named “2008 Insurance Leader of the Year” by St. John’s University School of Risk Management. Case accepted the award during a dinner last week in New York, an …
People Rob Arnold has been named president of Houston-based insurance wholesaler Myron Steves. Arnold has been a member of the Myron Steves management team since 1995 and has also served as director of Business Development, chief operating officer, and a …
Risk managers take strong stand against contingent commissions RIMS issues new policy statement denouncing such incentive pay for all agents and brokers, whether Wall Street or Main Street The largest association of commercial insurance buyers has stepped-up its opposition to …
RIMS issues new policy statement denouncing such incentive pay for all agents and brokers, whether Wall Street or Main Street The largest association of commercial insurance buyers has stepped-up its opposition to the acceptance of contingent compensation by any agent …
When it comes to the service carriers and brokers provide to today’s risk managers, the quality of that service “stinks,” according to J. Patrick Gallagher Jr., chairman, president and CEO of broker Arthur J. Gallagher & Co. Speaking on a …
