Jay Poorman has been promoted to director in the investment banking unit of Chicago-based Cochran, Caronia & Co., a full-service independent investment banking firm specializing in the insurance industry. Previously, he was a vice president of the firm. Poorman works …
New Program Teaches a Consultative Approach to Insurance Sales Beginning this week, 15 insurance agents are returning to Normal, Ill., to do an unusual thing in the world of insurance training: talk with each other about what’s worked and what …
Irvine, Calif.-based Superior Access Insurance Services Inc. hired Sharon Heller as marketing representative. Heller will be responsible for answering inquiries and providing service to SAIS subscriber agents nationally. Heller began her insurance career in 1998 at Allstate Insurance. During the …
Sixty days after severe storms and flooding struck central Nebraska, many counties and towns continue to work restoring their damaged roads, water drainage systems and infrastructure. Thirty eligible applicants for federal Public Assistance grants have identified more than 95 projects …
The season’s second major hurricane set its sights on Mexico’s Yucatan Peninsula and the tourist haven of Cancun on Sunday, with the Category 4 storm possibly visiting the Texas Gulf Coast later this week. Cancun closed its airport and tourists …
A coalition of Colorado health care providers says state hospitals are losing more than $80 million a year in revenue as a result of changes to the state’s auto insurance system. “The actual losses are probably closer to $100 million …
Fitch Ratings has affirmed the ‘A-‘ long-term and senior debt ratings and ‘BBB+’ preferred stock rating on RenaissanceRe Holdings Ltd. (RenRe). Additionally, Fitch has affirmed the ‘BBB+’ rating on Renaissance Re Capital Trust’s capital securities and has assigned an ‘A+’ …
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) is urging employers and workers to take appropriate safety measures to avoid injury and illnesses associated with the recovery and cleanup efforts following hurricanes. The potential for fatal accidents …
A.M. Best Co. has affirmed the financial strength ratings of A+ (Superior) and assigned issuer credit ratings (ICR) of “aa-” to the Hartford Insurance Pool (The Pool) and its members. Concurrently, A.M. Best has assigned an ICR of “a-” to …
Editor’s Note: Since first publishing this report, Insurance Journal has learned that Vahe K. Hagopian plead guilty to an infraction of practicing shorthand without a license and was sentenced to pay a fine of $1,000. All other charges were dismissed. …
