Pricing Improved in 2011 But Workers’ Compensation Still Challenged: A.M. Best November 13, 2012 The troubled workers’ compensation line of business got a break in 2011 as employment and payrolls stabilized and overall net...
Insurer ING US Files for IPO November 12, 2012 ING U.S. Inc, a unit of Dutch financial services group ING Groep NV, filed to raise up to $100 million...
AIG’s Core P/C, Life Operations Resume Use of AIG Brand Name November 11, 2012 American International Group Inc. said it will now use AIG as the name for all of its global property/casualty operations,...
Supreme Court to Hear Amex Appeal on Mandatory Arbitration Clause November 11, 2012 By Jonathan Stempel and Terry Baynes The U.S. Supreme Court on Friday agreed to consider whether American Express Co may invoke an arbitration clause to prevent...
Obama Administration Gives States Extra Time on Health Exchanges November 11, 2012 By Alina Selyukh and David Morgan The Obama administration gave states extra time to work toward setting up new health insurance exchanges on Friday, days after...
ABRY Partners Acquires Majority Equity Interest in Confie Seguros November 9, 2012 By Don Jergler Confie Seguros was acquired by Boston-based private equity firm ABRY Partners in a deal that closed on Friday under which...
Philadelphia Insurance Companies Names New CEO November 9, 2012 Bala Cynwyd, Penn.-based Philadelphia Insurance Companies said Chairman and Chief Executive Officer Jamie Maguire will be stepping aside as CEO...
Businesses Operating in Social Media Denial November 9, 2012 Is your agency or company suffering from social media denial? Despite 60 percent of Americans using some form of social...
Markel Promotes Thompson to President of Markel Specialty November 9, 2012 Greg Thompson has assumed new responsibilities as president of Markel Specialty, a division of the Virginia-based specialty insurer Markel Corp....
Insurance Private Equity Pioneer Sargent Passes Away November 9, 2012 Joseph Denny Sargent, chairman of Bradley, Foster & Sargent (BFS), an investment advisory firm, and former managing partner and chairman...