January 30, 2012
United Fire & Casualty Co. has named Ed Sullivan to West Coast regional manager for its regional office in Rocklin, Calif. In this position, Sullivan will be responsible for the overall performance of the West Coast regional office. Sullivan has …
January 30, 2012
A consumer group on Monday issued a study that alleges “disparate treatment” of low-to moderate-income families by auto insurers nationwide. The group is asking state insurance commissioners to consider lowering minimum liability coverage requirements and creating low-income purchase programs. The …
January 30, 2012
A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and the issuer credit rating to “a-” from “bbb+” of The Fuji Fire & Marine Insurance Company, Limited, and has removed both ratings from under …
January 30, 2012
Heffernan Insurance Brokers has hired Karen Albanese office as senior vice president in its Orange County, Calif. office, focusing on benefits strategy and administration. Albanese will work out of Walnut Creek, Calif.-based Heffernan’s Los Angeles branch, expanding Heffernan’s reach in …
January 30, 2012
Global business processor Xchanging announced that Barnabas Hurst-Bannister will join the Xchanging Ins-Sure Services board as a non-executive director in March. He has broad experience with the London and the Lloyd’s market, having served as the chairman of Traveler’s Syndicate …
January 30, 2012
MetLife, Inc. announced that it has agreed to acquire the life insurance businesses of UK-based Aviva plc in the Czech Republic (Aviva Czech Life) and Hungary (Aviva Hungary Life), and its life insurance and pension businesses in Romania (Aviva Romania …
January 30, 2012
The International Insurance Society’s (IIS) annual conclave in June in Rio de Janeiro will see the launch of an initiative in partnership with the United Nations Environment Program Financial Initiative (UNEP FI) of the “Principles for Sustainable Insurance.” The IIS …
January 30, 2012
Wellpoint and RLJ Insurace Services have developed a strategic alliance that will enhance and expand Wellpoint’s supplier diversity offerings. The two companies will work together to offer medical stop loss products and services to group customers that are looking to …
January 30, 2012
State and federal programs offer homeowners in North Jersey’s flood-ravaged areas a buyout. But the combination of red tape and limited funding is keeping many from that promise and a fresh start in a new and drier location. Nelly Della …