AIG Recapitalization Could Happen Next Week January 7, 2011 The recapitalization of bailed-out insurer American International Group Inc. is likely to close next week, a person familiar with the...
Weaver Named Head of Insurance Group at MphasiS January 7, 2011 Ann Weaver has been named head of the Insurance Solutions Group at New York-based MphasiS. Weaver previously served as as...
Midwest Insurers Austin Mutual and Cooperative Mutual Complete Merger January 7, 2011 Minnesota-based Austin Mutual Insurance Company, a regional property and casualty insurer, announced it has completed its merger with Cooperative Mutual...
Minnesota Gov. Picks Rothman To Head Commerce Department January 7, 2011 Minnesota Gov. Mark Dayton has appointed Mike Rothman the new Commissioner of Commerce. The Department of Commerce and Revenue regulates...
Missouri Lawmakers Pledge to Aid Businesses in 2011 January 7, 2011 By David A. Lieb The Missouri Legislature convened its 2011 session on Jan. 5, 2011, with many new faces, a looming budget shortfall and...
5 New Appointments Strengthen Mitsui Sumitomo at Lloyd’s U/W Team January 7, 2011 Mitsui Sumitomo at Lloyd’s, a leading UK insurer, has announced a string of new appointments that continues to strengthen its...
Krisanits Joins Old National Insurance as Regional President January 7, 2011 Frank Krisanits has joined Indiana-based Old National Insurance as its Evansville region president. He will lead the insurance teams in...
Australia Flood Damage Seen as Long-term; Rail, Road Links Destroyed January 7, 2011 By Daniel Munoz Australia’s flood-stricken coal industry may be disrupted for months after key rail and road links were washed away, while some...
Wholesale Brokerage R-T Specialty Opens Dallas, Texas Office January 7, 2011 R-T Specialty, LLC (RT), the wholesale brokerage arm of Ryan Specialty Group LLC (RSG) has opened a new office in...
Omega Raises NZ Quake Estimates to $16.8 Million; Australia Floods January 7, 2011 Bermuda-based Omega Insurance Holdings Limited, which is also a leading LLoyd’s insurer, has issued a revised estimate of the losses...