July 6, 2009
The National Alliance for Insurance Education & Research has named the state award winners who will compete for the national Outstanding Customer Service Representative of the Year for 2009. Each year, a group of exceptional insurance professionals are chosen by …
June 29, 2009
Dallas-based Apex Global Partners (AGP) has acquired the Corrigan Jordan Insurance Agency, a privately owned insurance and risk management brokerage also headquartered in Dallas. Corrigan Jordan has been providing corporate clients with multi line insurance and risk management products and …
June 2, 2009
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa” of Allianz S.p.A. (Italy), both with stable outlooks. The ratings reflect the enhancement received from the implicit support of Allianz S.p.A.’s …
April 15, 2009
Somali pirates hijacked two more cargo vessels and opened fire on two others Tuesday in attacks that showed a determination to go on striking at shipping on the region’s strategic trade routes. The capture of the Greek-owned MV Irene E.M. …
April 13, 2009
Standard & Poor’s Ratings Services has issued a report, “Growing Supply Chases Slowing Demand In The Jordanian Insurance Market,” on its RatingsDirect web site. The report states: “The “insurance sector in the Hashemite Kingdom of Jordan (foreign currency BB/Stable/B; local …
February 8, 2009
Eastern Insurance, Rosemary Walker Natick, Massachusetts-based Eastern Insurance Group, the insurance agency subsidiary of Eastern Bank, has acquired Rosemary Walker Insurance Agency in Danvers. Terms of the deal were not disclosed. Rosemary Walker was founded in 1970. Eastern said the …
February 8, 2009
Linda Timmons has been promoted to director of communications for the Independent Insurance Agents of Texas (IIAT). In this position, Timmons will manage the organization’s internal and external communications, publications and Web site. She previously served as communications manager for …
February 3, 2009
A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Swiss Reinsurance Company Canada and has assigned a category NR-5 (Not Formally Followed) to the FSR and an “nr” …
January 26, 2009
Maurice “Hank” Greenberg, the man who ran American International Group for nearly 40 years and who now runs C.V. Starr & Co., is being reunited with some executives who used to work under him when he ran AIG. C.V. Starr …
January 25, 2009
Montana’s recreation businesses said they need better protection from lawsuits because of high insurance costs. The House Judiciary Committee is considering a bill that would limit the liability of the businesses and shift it onto the shoulders of thrill-seekers involved …