The U.K.’s Aviva Plc announced that it has received regulatory approval for its joint-venture company, Aviva-COFCO, to open a branch office in the city of Jinan, the capital of Shandong province on China’s East Coast. “Jinan is the province’s political, …
Tokyo Stock Exchange (TSE) Chairman and President Taizo Nishimuro announced that Charles Lake, Aflac Japan vice chairman, has been selected as an external director. Lake, 44, will be the first non-Japanese appointed to this post since the TSE, or Nikkei, …
Bermuda’s XL Capital Ltd. reported net income available to ordinary shareholders for the quarter ended March 31, 2006 of $458.5 million, or $2.56 per ordinary share, compared with net income of $442.9 million, or $3.18 per ordinary share, for the …
Ohio Governor Bob Taft announced that the Ohio Tax Credit Authority has approved job creation tax credits for 10 companies involved in business location or expansion projects that, if located in Ohio, are expected to create 811 jobs and retain …
Axiom Specialty Insurance Services, Victorville, Calif., is offering primary general liability for residential and commercial contractors, including general contractors and subcontractors, in California. THere is no restriction on track homes or tract size, or on the amount of work subcontracted. …
California’s Assembly Insurance Committee will be hearing a bill today co-sponsored by the Association of California Insurance Companies (ACIC) that is designed to assure a competitive reinsurance market in the state. Jeff Fuller, ACIC executive vice president and general counsel, …
The California Assembly Insurance Committee is considering a bill today that the Association of California Insurance Companies (ACIC) says would prevent the Department of Insurance from altering auto insurance rating factors without first studying the rates and risk of loss. …
California’s State Compensation Insurance Fund will sponsor a free restaurant-safety training program at its Oxnard office on April 27. The workshop is designed to help restaurant supervisors and owners create a comprehensive safety-training program and comply with state and federal …
Apollo Agencies Inc., a subsidiary of Kinecta Federal Credit Union based in Tustin, Calif., has named Yolanda Davis commercial lines manager. She will oversee client services and marketing as well as be responsible for carrier relations. Davis joins Apollo Agencies …
Burns & Wilcox, a national specialty insurance wholesaler, underwriter and managing general agent, has named Fred Costa broker/underwriter in its Los Angeles-based office in Woodland Hills, Calif. Fred has more than 10 years of insurance industry experience. E-mail: fcosta@burns-wilcox.com.
