Latest Human Resources Headlines

ACE Chooses Shaw as Chief Underwriter-Global Markets, Tempest Re Chairman

Jun 18 2008 // ACE has announced the appointment of Matthew Shaw as Chief Underwriting Officer, ACE Global Markets (AGM). He will also become the Chairman, ACE Tempest Re Europe, where he was previously Managing Director. He will report...

Jun 16 2008 // People Dallas-based Colemont Insurance Brokers promoted Su Young to vice president in Colemont’s Texas office. Young joined Colemont in 2001 as part of the Texas financial services team and is located in Houston. She...

S&P: U.S. Insurers Sitting with Excess Capital Face Rocky Road

Jun 16 2008 // U.S. insurers, in an industry awash in excess capital, face a stretch of turbulence that won’t soon abate, according to analysts at a recent Standard & Poor’s Ratings Services...

Analysts: U.S. Insurers Sitting with Excess Capital Face Rocky Road

Jun 5 2008 // U.S. insurers, in an industry awash in excess capital, face a stretch of turbulence that won’t soon abate, according to analysts at a Standard & Poor’s Ratings Services conference this...

Willis Risk Manager Conference Examines Brazil, China Energy Sector

Jun 4 2008 // Willis recently hosted a conference of senior risk managers from the US oil and gas industry at its inaugural Global Risk Challenge seminar in Houston. They concentrated on finding out more about some of the major...

J. Smith Lanier Names New Managing Director in Tennessee

Jun 2 2008 // West Point, Ga.-based J. Smith Lanier & Co. added Mark Benson as the new managing director in its Knoxville, Tenn. office. Benson will oversee all sales, financial expenses and personnel in Knoxville. Benson joined J....

People

Jun 2 2008 // Markel Corp.’s Board of Directors elected Anthony F. (Tony) Markel vice chairman and Paul W. Springman president and chief operating officer. Markel served Markel Corp. for more than 40 years, most recently as...

Insurance Brokerage Barney & Barney Completes Merger with Saylor & Hill

May 7 2008 // Barney & Barney LLC, a San Diego-based insurance brokerage, has closed its merger with Saylor & Hill Co., an Oakland, Calif.-based brokerage. The combined companies will work together to provide insurance, risk...

People

May 5 2008 // Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete. Ryan founded Aon, which has...

A Soft Market Solution: MGAs and Risk Sharing

May 5 2008 // Part1: Retaining limited underwriting risk could offer MGAs a way to bolster revenue Editor’s Note: The following is part one of a discussion of the risk retention options available to MGAs, the sundry variables...

People

May 5 2008 // Grange Mutual Casualty Co. announced that Randy Montelone will retire at year end after 29 years of service with the company. Tom Welch, current president of Grange Life Insurance Co., a Grange subsidiary, assumes the role...

S&P Reports on the ‘Evolving World of Property/Casualty Securitizations’

May 2 2008 // A report from Standard & Poor’s Ratings Services analyzes the catastrophe bond and reinsurance sidecar markets, which, S&P concludes, have “experienced sharp surges of activity after 2005.”...

People

Apr 21 2008 // Novato, Calif.-based Fireman’s Fund Insurance Co. named Michael LaRocco president and CEO. He will report to Chuck Kavitsky, president and CEO of Allianz of America, parent of Fireman’s Fund, and will also...

Wells Fargo Names Stokes Managing Director in San Francisco

Apr 7 2008 // Wells Fargo Insurance Services Inc. has named Mark Stokes managing director for its San Francisco office. In addition to maintaining his current managing director responsibilities for Wells Fargo Insurance Services’...

Agency Strategies for Surviving a Recession

Apr 7 2008 // Agents who have lived and worked through previous recessions say business fundamentals that make sense in any economic environment ring doubly true in down times. “To weather the storm, agents need to do what they...

Rocky Mountain-Based Insurance Pro Joins Mystic Capital

Mar 26 2008 // New York (March 26, 2008) – As Mystic Capital Advisors Group, LLC continues to grow, the investment banking firm is delighted to announce the newest member of its team: Stan Moore. An insurance expert with nearly 35...

People

Mar 24 2008 // The Hartford’s Chief Financial Officer David M. Johnson plans to step down later this year. He has served as the company’s top financial officer since 2001, and will remain in the position until a successor is...

Aon Construction Hires Karasaki to Lead Hawaii Operations

Mar 21 2008 // Aon Corp. announced that Chad Karasaki has joined Aon Construction Services Group as managing director. Karasaki, who will also serve as chairman and CEO of the Aon Honolulu office, is the latest in a series of strategic...

People

Mar 10 2008 // Denver-based Van Gilder added three persons to its staff. Tony Dodd joined the firm as an account executive specializing in homeowner association risk management programs. Kyle Krisman assumed the role of business...

Former Zurich Senior Executive Joins Mystic Capital

Feb 27 2008 // New York (Feb. 27, 2008) – Mystic Capital Advisors Group, LLC is thrilled to announce the addition of insurance industry dynamo Barry J. Gilway to its investment banking group. The former Zurich executive brings more...