Fortis, the Belgian-Dutch banking, financial services and insurance group, announced that CEO Anton van Rossum, 59, who had earlier indicated to the Fortis Board not to extend his contract after August 2005, has decided to hand over his position as …
Standard & Poor’s Ratings Services affirmed its ‘BBB-‘ counterparty credit rating on Pennsylvania-based Harleysville Group Inc. The outlook remains negative. The rating reflects management’s efforts to revitalize the insurance operations’ underwriting and competitive position. After a year of significant underperformance, …
Following the devastation of Hurricane Ivan last week, which will produce large insured losses in Alabama and the Florida panhandle, Fitch has examined the potential impact of this event on Alfa Insurance Group (Alfa Group). Current Alfa Group ratings are …
Troy Moody Denver-based Moody Insurance Agency, which specializes in insurance, risk management and bonding services for contractors, announced Troy Moody has been named the company’s first COO. In his new role as COO and vice president, he will oversee day-to-day …
Kristin Wall The Board of Directors of the Louisiana Workers’ Compensation Corporation (LWCC) promoted Kristin Wall to the position of president and chief operating officer. Wall was previously executive vice president and COO. Steve Cavanaugh remains chief executive officer of …
Ernst Csiszar The Board of Governors of the Property Casualty Insurers Association of America (PCI) named South Carolina Director of Insurance and current president of the National Association of Insurance Commissioners Ernst Csiszar to serve as the association’s next president …
Jonathan Freeburg Chicago-based online wholesaler Noodle Specialty Brokers announced that Jonathan Freeburg has joined the company as a senior underwriter focusing on private company directors’ and officers’ liability insurance, with a special emphasis on employment practices liability insurance. Prior to …
William Thornton Perhaps coming under the heading of, “you can take the man out of Texas but you can’t take Texas out of the man,” William Thornton, president of Acadia Insurance Company in Westbrook, Maine, was presented the Raymond Mauk …
Ask adults what they like most about McDonald’s fast food restaurants, and it probably won’t be the food, especially in our increasingly health-conscious society. It’s the fact that wherever we are—whether heading home after a kid’s soccer game or 2,000 …
No matter what your position in business—small business owner, supervisor, manager or president of a Fortune 500 company—if you have employees under you, you undoubtedly will at some point be personally affected by theft or embezzlement by an employee. There …
