Carolyn Payne has joined Bollinger Insurance in Short Hills, N.J. as vice president in the commercial insurance division. She is based in the firm’s Wall Street New York City office which includes among its specialties insurance programs for financial management …
Conseco, Inc. of Carmel, Ind. declared a dividend on the outstanding shares of its Class B 5.50 percent Mandatorily Convertible Preferred Stock $0.34375 per share. The dividend is payable on Nov. 15 to the holders of record at the close …
Cincinnati Financial Corporation today announced an estimate of $3 million for pretax catastrophe losses resulting from Hurricane Rita and updated its estimates of previously announced catastrophe losses. Total third-quarter pretax catastrophe net losses now are estimated at $66 million, including …
Willis Group Holdings, Ltd., continuing to strengthen its construction insurance practice has appointed two new people its Long Island, New York operations. Joining Willis from Select Contractors Coverage Corporation are Richard Brazzano and Martin J. Lyons. Brazzano joins as senior …
An analysis rate structure analysis of Citizens Property Insurance Corp. was just completed after an order by the Office of Insurance Regulation, indicates that Palm Beach, Broward and Dade county policyholders could soon face major rate increases, with premiums more …
Royal & Sun Alliance Insurance Group PLC announced the acquisition of Chile’s leading general insurance business Compañia de Seguros Generales Cruz del Sur S.A. and its Argentinean sister company La República Compañía Argentina de Seguros Generales S.A. for $119 million …
Standard & Poor’s Ratings Services announced that it has affirmed its “A-” long-term counterparty credit and insurer financial strength ratings on the main operating entities of the U.K.’s Royal & Sun Alliance Insurance Group PLC with a stable outlook. “The …
California Insurance Commissioner John Garamendi announced Wednesday that SB 20, designed to expand the geographic availability of the California Low Cost Automobile Insurance Program, has been signed into law by Gov. Schwarzenegger. The passage of SB 20 reportedly moves the …
At 4 a.m. every day, Ambar Vera starts her shift pouring coffee at the Starbucks in Chicago’s O’Hare International Airport. After a year and half on the job, Ambar reportedly makes $6.55 an hour, and pays $140 per month for …
A New York Appeals Court has ruled that the same sex partner of a man who died after surgery related to injuries suffered in a car accident does not have standing to sue the hospital for malpractice under state law. …
