Hartford Financial Services Group Inc.appointed ex-Cendant Corp. executive David Johnson to it’s CFO. Johnson, 40, the former chief financial officer for franchising giant Cendant, replaced David Zwiener. Zwiener was appointed president and chief operating officer of Hartford’s propert/casualty insurance operations …
The Insurance Brokers Association for the State of New York (IBANY) elected its 2001-2002 administration during the association’s annual membership meeting. Kenneth M. Padgett was re-elected to his second term as IBANY president. He is the managing director at Marsh …
Connecticut legislators are looking over a study, which deals with possible new ways to offer auto rate relief, including for urban area consumers who are hit with the highest bills. According to a report in The Hartford Courant, looking at …
Esurance Inc., a national quote-to-claims Internet-based provider of personal auto insurance, and California Coast Credit Union, one of San Diego’s largest credit unions, announced a partnership to provide its members with online access to personal automobile insurance through Esurance. Financial …
Sherwood International, a supplier of solutions to the global insurance marketplace, has acquired Concise Technologies Inc. for an estimated $13 million in cash and equity. The acquisition is aimed at strengthening Sherwood’s position within the industry across North America. Sherwood’s …
In regards to the ergonomic hearing held yesterday by the Senate Appropriations Subcommittee on Labor, Health and Human Service, the Alliance of American Insurers called for a thoughtful and practical approach to creating a new rule. The Senate hearing was …
The Independent Insurance Agents of America (IIAA) announced that Jeffrey M. Yates is the new executive director of the Agents Council for Technology (ACT). Yates replaced Len Brevik, who left IIAA and the ACT position to become the chief marketing …
RLI Corporation, a property/casualty underwriter based in Illinois, released its first quarter earnings of $7.1 million, compared with $6.5 million from the same quarter in 2000. Included in the result are net operating earnings of 6.2 million verses the $6.6 …
London reinsurance broker Benfield Greig Group announced that it had arranged to acquire $391.5 million in financing from Barclay’s Capital to fund its purchase of Dallas-based E.W. Blanch, announced April 16th. The offer will expire May 25th, unless it is …
Lloyd’s announced that its old general website designation – www.lloyds.com – has become “An internet portal that will give insurance brokers and intermediaries all over the world direct access to the Lloyd’s of London insurance market.” The new site is …
