Newsbriefs

UNVEILING ENCOMPASS

CNA Personal Insurance has changed its name to Encompass Insurance, pledging to sell only through independent agents. Encompass sells through...

SGP BRINGS HOME THE MONEY

Summit Global Partners has raised $17.5 million in equity capital, led by Securitas Capital and including Austin Ventures and Mellon...

MOVING MOUNTAINS

White Mountains Insurance Group agreed to buy the U.S. property/casualty operations of British insurer CGNU Group for $2.1 billion. The...

WHO WILL BE AIG CEO’

American International Group President and Chief Operating Officer Evan G. Greenberg resigned Sept. 19 from the company “to pursue other...

SURCHARGE ON HOLD

The Independent Insurance Agents of America (IIAA) and the National Council of Compensation Insurers (NCCI) agreed to delay for at...

SELECTING MARKET LEADERS

Market-Scout, a Dallas-based e-commerce company, selected CNA as its “Best of Class” insurer for Human Services and Advanced Medical Technologies....

AT LIBERTY TO CHANGE

Liberty Mutual Insurance Co. plans to reorganize to a mutual holding company in an effort to give itself room to...

CHECKS AND BALANCES

The chief financial officer of a hospital, who oversaw all workers’ comp claims, has been convicted of falsifying documentation on...

BLOWN OUT OF THE WATER

Texas Insurance Commissioner Jose Montemayor ordered a London-based “foundation” to pay a $500,000 fine and to stop offering boat insurance...

TDI SHUTS DOWN MCIC

Medical Community Insurance Co. (MCIC) of Houston, a physician-owned company that specialized in major medical insurance for small employers in...

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