The Zurich-based ACE Group announced the appointment of Jacques Bonneau, currently ACE Group Executive VP and head of the company’s global reinsurance business, as Executive Vice President, Global Underwriting, with executive responsibility for advancing underwriting excellence across the company, effective …
Bermuda-based PartnerRe Ltd. reported a net income of $295.7 million, or $5.61 per share for the first quarter of 2014. This includes net after-tax realized and unrealized gains on investments of $115.8 million, or $2.20 per share. Net income for …
The insurance industry has not given up on getting Congress to pass legislation to create a national producer registry and make it easier for agents and brokers become licensed in multiple states. The Independent Insurance Agents and Brokers of America …
Florida’s largest property insurer is preparing to transfer $3.1 billion in risk through a combination of reinsurance catastrophe bonds, including a $1.5 billion deal that is the largest of its kind on record. The Citizens Property Insurance Corp. board of …
PartnerOne Environmental named Vonnie Nuce as senior underwriter. Nuce will be based in the Denver, Colo. office and will be responsible for underwriting new and renewal business for all PartnerOne products. Nuce has more than 25 years of experience in …
Leavitt Group has hired Ryan Krauser in the agency’s Reno, Nev. office as a business insurance agent. Krauser’s responsibilities include risk management, customer service, policy administration and general new business development. Prior to Leavitt Group, Krauser worked with a startup …
Capacity Coverage Company of New Jersey Inc. announced that its affiliate company has made a strategic investment in Tri-Partners Field Claims Services in Warren, N.J. Tri-Partners Field Claims Services was previously owned 50/50 by Fleming & Hall Administrators Inc. and …
Minnesota-based MMIC Insurance, Inc. is now doing business in Colorado. The company offers medical professional liability insurance, health IT services and patient safety options to hospitals and large health systems, long-term care, and allied health care providers. The expansion also …
New York’s storied Four Seasons restaurant has for decades harbored one of the city’s more unusual artworks: the largest Pablo Picasso painting in the United States. But a plan to move it has touched off a spat as sharply drawn …
Virgin America Inc. and CarMax Inc. ended their sponsorships with the Los Angeles Clippers, while State Farm Mutual Automobile Insurance and Kia Motors Corp. suspended their involvement with the team being investigated by the National Basketball Association over racist comments …
