A P/C claims unit of the insurer formerly known as AIG has paid a $495,000 fine to regulators in New York for improper licensing of the business and its employees, according to the latest disciplinary report from the New York …
Florida Doctors Insurance Co. has completed a merger and acquisition of Physicians Preferred Insurance Co. (PPIC), which Florida Doctors said makes it the fourth largest admitted writer of physicians and surgeons medical professional liability insurance in Florida. The transaction was …
Mark Little has been hired by San Diego-based Cavignac & Associates as surety account manager. Little brings to Cavignac & Associates five years of experience in the construction and surety industry. In his new position, he is charged with supporting …
Authorities have made an arrest in connection with a fire in Northampton, Massachusetts that claimed the life of an elderly man and his son. District Attorney Elizabeth Scheibel said in a statement that 25-year-old Anthony P. Baye was arrested at …
British insurance company Aviva PLC has agreed to buy all the shares in River Road Asset Management of Louisville, Kentucky. Aviva did not say what it is paying for the company, which has gross assets of $6 million and $3.6 …
Florida-based insurance agency giant Brown & Brown, Inc. said that Jim W. Henderson, its vice chairman, chief operating officer and a member of its board of directors, will retire effective in August 2010. In view of his impending retirement, Henderson …
A former customer service representative for the North Carolina Farm Bureau Insurance Co. has been arrested on charges she embezzled premium payments from customers. North Carolina Insurance Commissioner Wayne Goodwin reported the arrest of Sheila Carol Williams of Mayodan. Department …
A poll, conducted by Marsh, concluded that “despite the continuing fall-out from the global recession, corporate governance is still a largely undeveloped discipline in the United Arab Emirates (UAE).” The survey of delegates at the Marsh Risk Consulting seminar in …
A.M. Best Co. has assigned a financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” to National Contractors Insurance Company, Inc., RRG (NCIC), which is headquartered in Bigfork, Montana. The outlook for both ratings is stable. Best …
Willis Group Holdings announced that it is expanding its highly successful UK Willis Commercial Network (WCN) business model into Northern Ireland with the addition of three new independent brokers: McCausland Light & Rankin and Dickson & Co, both of which …
