Scott R. Hudson has joined Arthur J. Gallagher & Co. subsidiary Gallagher Bassett Services Inc. as its president and chief executive officer. He joins Arthur J. Gallagher & Co.’s Executive Management Committee as a corporate vice president. Property/casualty third-party claims …
Georgia Insurance Commissioner John Oxendine’s office has begun a criminal investigation into the business practices of M. Clark Fain, III, the former chief executive officer of Southeastern U.S. Insurance, Inc. (SEUS), a workers’ compensation company. The investigation follows an Oct. …
David Disiere, CEO of the Dallas-based managing general agency Deep South Insurance Group, plans to leave that position. In 2008, QBE U.S. Agencies, a longtime partner of Deep South and a subsidiary of QBE Insurance Group purchased Deep South from …
Munich Re’s CEO Nikolaus von Bomhard issued a statement on the reinsurer’s web site that left no doubt concerning the disappointment he (and the Group) feel following the failure of the UN’s Copenhagen Climate Conference to achieve any major agreement. …
The chief executives of Allianz, Europe’s biggest insurer, and ThyssenKrupp, Germany’s biggest steelmaker, have warned of new bubbles that they see developing in global markets. “You know why nothing has changed? There is a lot of cheap money out there. …
Lloyd’s CEO Richard Ward, speaking at an ancillary meeting of the Copenhagen Conference on Climate Change, stressed that, although “this is a side event to the main negotiations,’ It shouldn’t “disguise the fact that insurance is central to our climate …
Aon Risk Services (ARS), the risk management and insurance brokerage business of Aon Corp., announced the appointment of Sandeep Malik as chief executive officer of Asia Aon Risk Services, effective February 1, 2010. He will be based in Hong Kong …
K&K Insurance Group Inc., based in Fort Wayne, Ind., reports that Ross T. Smith, the company’s president and chief executive officer, is retiring after a successful 40-year career in the insurance industry. Smith has been with K&K Insurance for more …
Joe Plumeri, Chairman and CEO of Willis Group Holdings Limited, the global insurance broker, today called on corporate leaders to recognize and address the risks facing business at the start of a new decade. Plumeri delivered his remarks at Town …
American International Group and former chief executive Maurice “Hank” Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials the former boss can use to write his memoir, as well as …
