AXIS Capital Holdings Limited (“AXIS”) announced that additional capital has been contributed to its subsidiary AXIS Reinsurance Company (“AXIS Re”), increasing AXIS Re’s policyholders’ surplus to over $500 million. AXIS Re is domiciled in New York and is licensed in …
Alan D. Brannan has been named the new president of personal lines underwriting at Columbus, Ohio-based Grange Insurance following a thorough countrywide search. He most recently served as president and chief operating officer for the Massachusetts personal lines division of …
Cochran, Caronia & Co., investment bankers to the insurance industry, will convene a conference to address critical issues facing the property and casualty insurance industry. The day- ong conference will feature interactive dialogue and analysis on timely issues such as …
A bulletin from the Professional Insurance Agents noted the untimely death of Donald K. Gardiner, 63, retired chief executive officer of the National Association of Professional Insurance Agents and former executive director of the Professional Insurance Agents of New York …
It only took 121 years, but the election of Garden City agent, Maura T. Clancy to lead the Independent Insurance Agents Association of New York Inc. is a landmark event for the organization. Clancy, President of Clancy & Clancy Brokerage, …
The membership of Boca Raton, Fla.-based NCCI Holdings Inc., elected James A. McClung and John J. Albano to the company’s 2003-2004 Board of Directors. Twelve additional directors were reelected to the NCCI board. John J. Albano is president and chief …
New York Superintendent Gregory Serio, along with Albany District Attorney Paul Clyne, announced that Dierdre Wolberg, co-owner of State Opticians has been sentenced to six months house arrest and five years felony probation for reportedly defrauding the Capital District Physicians’ …
Southfield, Mich.-based Meadowbrook Insurance Group Inc. announced that Eugene B. Kelly, has joined the company as senior vice president of field operations. Kelly will oversee the company’s regional branch offices. Kelly has more than 25 years of commercial property/casualty insurance …
The Board of Directors of Transatlantic Reinsurance Company, a subsidiary of Transatlantic Holdings, Inc., announced the election of Officers and an increase in dividend payments at its recent regularly scheduled meeting. The following people were elected to the offices indicated: …
The Hartford Financial Services Group Inc., has sold most of its property-casualty reinsurance business to Bermuda-based Endurance Specialty Holdings Ltd. The transaction includes the sale of renewal rights for existing business and the transfer of the majority of the unearned …
