June 22, 2011
Heffernan Insurance Brokers, an independent insurance brokerage, has hired Ryan Hone as assistant vice president. He will work out of the company’s Orange, Calif., office and will be responsible for producing new business in Southern California. Hone joins Heffernan after …
June 21, 2011
Say what you will about the competition- Just don’t say anything bad. The cardinal rule about not bad mouthing the competition is both virtuous, and professional. Knocking the competition usually backfires, and creates a negative impression on the person throwing …
June 21, 2011
West Virginia Gov. Earl Ray Tomblin announced that Michael D. Riley will serve as acting state insurance commissioner effective July 1. Current Commissioner Jane L. Cline will retire as of June 30 after 10 years in the post. Riley first …
June 21, 2011
The video is painful to watch, an artistic train wreck for all to see. The question is what Amy Winehouse is going to do next. The five-time Grammy Award winner, whose battles with alcohol and drug abuse have long overshadowed …
June 21, 2011
A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating (ICR) to “aa” from “aa-” and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) of the UK-based ACE European Group Limited (AEGL). The outlook for the …
June 21, 2011
World Trade Organization members should agree to a standstill on tariffs in December as a down payment toward a larger deal in long-running world trade talks, the top EU official said Tuesday. EU Trade Commissioner Karel De Gucht told reporters …
June 21, 2011
The ACE Group announced today that its ACE INA International Holdings, Ltd. subsidiary has acquired all of the outstanding shares it does not already own, or approximately 49 percent, of ACE Synergy Insurance Berhad in Malaysia from Advance Synergy Capital …
June 21, 2011
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its subsidiaries. Best also affirmed the ICR of “bbb” and debt ratings of the …
June 21, 2011
UK-based specialist underwriting agency DUAL Corporate Risks has appointed Christopher Blake as a Professional Indemnity Underwriter in the company’s National Business Unit. He was previously at Chartis where he spent four years in the financial lines team. DUAL Corporate Risks …
June 21, 2011
The Travelers Companies announced that the company has completed its acquisition of a 43 percent interest in JMalucelli Participações em Seguros e Resseguros S.A., the market leader in the surety insurance business in Brazil with a market share in excess …