November 29, 2006
A.M. Best Co. has assigned a financial strength rating of A- (Excellent) to Blue Whale Re Ltd. of Burlington, Vermont. The rating outlook is stable. A.M. Best said the rating reflects the company’s “strong capitalization and its conservative operating strategy.” …
November 29, 2006
AIX Group, Inc., a specialty insurance holding company headquartered in Windsor, Conn., has hired Peter Soloway as vice president of program business development. Soloway will be responsible for the coordination of program management, underwriting, claims administration, reinsurance placement and policy …
November 29, 2006
OneBeacon Insurance Group is entering the group Accidental Death and Dismemberment insurance market. Three industry veterans — Lori Cernera, Keith Firestone, and Stephen Mueller — recently joined the company to lead the effort. The company is targeting product availability by …
November 29, 2006
Jorge Gomez, the Wisconsin state insurance commissioner since 2003, will be leaving the position next month to return to the private sector, Gov. Jim Doyle announced Monday. Doyle said a successor would be named soon. Doyle credited Gomez with helping …
November 29, 2006
Major global political and business leaders say energy issues are high on their agenda and that the demands and risk transfer needs of this sector pose challenges and opportunities for insurers and reinsurers. At Swiss Re’s Centre for Global Dialogue, …
November 29, 2006
Lexington Insurance Co., a member company of American International Group, Inc. (AIG), has teamed up with the law offices of Steven M. Ziegler, P.A., a law firm with managed care industry expertise, to offer a suite of risk and claim …
November 29, 2006
Guy Carpenter & Company, Inc., a risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has named Nick Gralton as head of its U.S. wholesale casualty operation. Gralton will be based in London. Gralton has 28 …
November 29, 2006
In addition to its new office in Delaware, niche general insurance agency Britt/Paulk has added another office in Atlanta. Lisa Finch will join the Britt/Paulk team as underwriting manager for builder’s risk and will report to Mike Pilla, chief underwriting …
November 29, 2006
New England auto insurer, Plymouth Rock Assurance Corp., has partnered with WBUR, Boston’s National Public Radio affiliate, to offer a discounted auto insurance rate to WBUR’s Massachusetts members. Listeners who contribute $60 or more to WBUR will receive a WBUR …
November 29, 2006
New Jersey Skylands Insurance Companies has unveiled a promotion that highlights what it says is a first-of-a-kind discount for New Jersey drivers who regularly commute to work via mass transit — a rate discount of up to 10 percent. “It’s …