October 29, 2010
A federal whistleblower lawsuit filed against State Farm Fire & Casualty Co. will not go to trial Dec. 1 as scheduled. Instead, U.S. District Court Judge L.T. Senter Jr. has decided to hold a status conference on the case that …
October 29, 2010
French reinsurer SCOR Group and Reinsurance Group of America (RGA) are in the race to buy Dutch insurer Aegon NV’s Transamerica Reinsurance unit, sources familiar with the matter said. The auction, which started after Aegon said in June it might …
October 29, 2010
Coface North America announced that Lou Guarini has been appointed senior agent/credit management specialist in its Houston office. Guarini brings many years of experience to this position. He began his career with Prudential Insurance and also worked with Dun & …
October 29, 2010
Massachusetts has awarded $653,000 in grant money that will be used to provide safety training to nearly 11,000 workers in the state. The money will go to 62 organizations across the state, according to the Department of Industrial Accidents (DIA), …
October 28, 2010
Despite a public outcry over drivers who text, talk and e-mail that has prompted dozens of states to ban the practice, enforcing those laws is proving difficult. But Matthew Howard, co-founder and CEO of ZoomSafer, has created a novel way …
October 28, 2010
Bermuda-based RenaissanceRe Holdings Ltd reported net income available to common shareholders of $204.8 million or $3.70 per diluted common share in the third quarter of 2010, compared to net income available to common shareholders of $258.6 million or $4.12 per …
October 28, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Dah Sing Insurance Company Limited (DSI), both with stable outlooks. Best said the affirmations reflect “DSI’s solid risk-adjusted capital position, …
October 28, 2010
The Buckner Co. has been honored for the second yar in the row by the Mountain West Capital Network’s Utah 100 Event. MWCN has organized the Utah 100 event for 16 years as a way to recognize the industry-leaders and …
October 28, 2010
New Jersey-based insurance wholesaler Crump has hired Adam Kagan as chief market relations officer. Kagan will work with Crump’s wholesale and specialty programs units to assist in developing and expanding carrier relationships. He joins Crump following 17 years with Marsh, …
October 28, 2010
The Arizona Council of the National Association of Insurance Women has elected Betty Watson of Passey-Bond Co. in Mesa as Arizona Council Director. Other new officers are: Membership Chair Jessica John of Colorado Casualty Co. in Phoenix; Public Relations Chair …