May 30, 2007
Ace USA, the U.S.-based retail operating division of the Ace Group of Companies, announced that Brian Witzmann has been appointed senior vice president and regional executive officer for Ace USA’s Northwest Region, and Stephen Dennison has been named client executive. …
May 30, 2007
Hunting and fishing trips taken by state officials and paid for by the state-run insurer of last resort, may have broken the law, according to a legislative audit report made public May 28. The audit found that Louisiana Citizens Property …
May 30, 2007
San Antonio-based Argonaut Group Inc., a national underwriter of specialty property and casualty insurance products, announced Ronald B. Given was appointed to the position of senior vice president and general counsel. Given succeeds Byron L. LeFlore, Jr., who was appointed …
May 30, 2007
Another state insurance department has issued a warning about a Tennessee entity posing as an insurance company. Days after National Foundation of America (NFOA) of Franklin, Tenn., was ordered to cease and desist from the insurance business in Texas, Arkansas …
May 30, 2007
Spurrred by advice from their agent or broker, commercial insurance buyers show increasing interest in buying more than one line of coverage from a carrier, according to a new survey commissioned by Wis.-based Wausau Insurance. Two-thirds (up from 58 percent …
May 30, 2007
Halfway through the legislative session, spending plans and tax cut proposals are at odds, insurance relief proposals in post-hurricane Louisiana are under negotiation, and most major bills still are awaiting compromises. With one month down and one month to go, …
May 30, 2007
BB&T Insurance Services said it plans to expand its metro Atlanta operation with the acquisition of Reese Insurance Associates Inc. of Riverdale, Ga. Reese provides both commercial and personal property and casualty coverage as well as group benefits insurance. “The …
May 30, 2007
U.S. Secretary of Transportation Mary E. Peters announced that traffic deaths on U.S. roads were down slightly in 2006 according to preliminary figures, but cautioned that far too many lives continue to be lost. While the number of road deaths …
May 30, 2007
Mississippi Insurance Commissioner George Dale’s toughest opponent this year may not be another candidate but a band of attorneys that has launched newspaper and television ads criticizing him. The Scruggs Katrina Group, a coalition of four law firms, is latching …
May 30, 2007
Standard & Poor’s Ratings Services has assigned its “A+” junior subordinated debt rating to American International Group Inc.’s Series A-4 junior subordinated debentures due in 2077. “The ratings are based on the counterparty credit rating on AIG, which reflects the …