Unitrin CEO Southwell Sees Growth, Value in New Kemper Name August 17, 2011 By Andrea Wells Unitrin Inc. is counting on added success as it takes on a new name — the well-known and legendary Kemper...
Unitrin Changes Name to Kemper August 15, 2011 By Andrea Wells A legendary insurance company name is back in the headlines after a nearly 10 year hiatus. Unitrin Inc. has taken...
S&P Takes Action on Insurance Groups Following U.S. Sovereign Downgrade August 8, 2011 By Andrea Wells Standard & Poor’s Ratings Services lowered its long-term sovereign credit rating on the United States of America to ‘AA+’ and...
Bank Insurance Brokerage Income Marks New Record; Up Amost 20% August 8, 2011 By Andrea Wells Bank holding companies (BHC) set a new record, marking the highest quarterly results ever recorded for first-quarter insurance brokerage income....
Hannigan, Farmers’ Longtime Leader of Independent Agency Unit, to Retire August 4, 2011 By Andrea Wells After more than 42 years as a leader in the insurance industry, John J. “Jack” Hannigan, executive vice president of...
Lloyd’s America President Watkins Campaigns for Broader Appeal July 27, 2011 By Andrew G. Simpson Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history...
A Look at Year-End 2010 Loss and Loss Adjustment Expense Reserve Adequacy June 14, 2011 By Joseph L. Petrelli and Steven J. Groeschen Loss and loss adjustment expense reserve development has traditionally been the focus of actuaries, auditors and financial analysts. Statutory insurance...
Argus Fire & Casualty Closes its Doors June 9, 2011 Some 9,000 Florida homeowners will have to seek coverage elsewhere after Argus Fire & Casualty Insurance agreed to cancel its...
Liberty Mutual’s Kelly Retires; Long Named President, CEO June 9, 2011 Liberty Mutual Group’s Edmund F. Kelly, 65, will retire from active management of the company on June 28. David H....
North Carolina Delays Rate Hearing on Dwelling Fire, Extended Coverage Policies June 9, 2011 A public rate hearing on a proposed increase in North Carolina’s dwelling fire and extended coverage policies has been delayed...