Great American Names Coordinator for Multi-Employer Fiduciary Liability
Great American Insurance Group’s Executive Liability Division (ELD), based in Schaumburg, Ill., appointed Synergy Professional Associates of Kinnelon, N.J., as its national production …
Dallas Agency, Agent Partner to Form Lipscomb & Cathey
Dallas-based Lipscomb Insurance Group has partnered with Ronnie Cathey to form Lipscomb & Cathey. Cathey’s expertise includes real estate and marine insurance
AIG Filing Casts Doubt on ‘Limited Exposure’ Claim
A controversial regulatory filing detailing the federal bailout of American International Group Inc. could put the spotlight back on the former executive who headed the division most responsible …
Main Street America Launches New Business Owners Policy
The Main Street America Group launched its new Main Line Business Owners Policy (BOP) property and liability product. The insurer also launched Main Street Station for commercial lines quoting and …
Torus Appoints Groth Group Chief Risk Officer
Torus has appointed Carl Groth as Group Chief Risk Officer with immediate effect. He is based in New Jersey and reports to Chief Executive Clive Tobin.
AIG Financial Product Employees Accept Retention Pay Cuts
Most current employees at the financial products unit of American International Group Inc. eligible for money owed them under a retention plan told the company they would accept less money in …
Liberty International Underwriters Restructures U.S. Specialty Casualty Unit
Liberty International Underwriters (LIU), a division of Liberty Mutual Group, restructured its U.S. Specialty Casualty unit. The following organizational changes are effective immediately: Carl …
EAGiL Acquires Goebel Insurance Agency
Goebel Insurance Agency of Philadelphia has been acquired by Eagil Financial Group, a New Jersey-based firm that provides financial planning services to high net worth clients.
Treasury Chiefs Paulson, Geithner Defend AIG Bailout
Former U.S. Treasury Secretary Henry Paulson staunchly defended the decision to rescue troubled insurer American International Group Inc
Treasury Secretary Geithner Denies Role in AIG Disclosure
U.S.
The W Group Merges with Cincinnati’s Hylant Group
Cincinnati-based insurance brokerage, Hylant Group, and the W Group, a privately owned firm offering employee benefit services, announced they have merged. The combined organizations will form one …
Spitale Insurance Agency Joins SAN Group
Spitale Insurance Agency of Baltic, Connecticut has joined the Satellite Agency Network Group Inc.
Keystone Insurers Adds 4 More Kentucky Agencies
Limestone Insurance, Lexington Insurance Agency, Inc., Durrett Insurance and Insuramax have joined Keystone Insurers Group (KIG), bringing KIG’s number of agencies in Kentucky to six. …
SEC Considered National Security Status for AIG Bailout Details
U.S. securities regulators originally treated the New York Federal Reserve's bid to keep secret many of the details of the American International Group bailout like a request to protect matters of …
General Re Settles Fraud Charges Over AIG, Pru Financials
The Securities and Exchange Commission today charged General Re Corp. for its involvement in separate schemes by American International Group (AIG) and Prudential Financial, Inc.
Vermont Supreme Court: Landowner Can Sue Mine President
The Vermont Supreme Court says a landowner can sue the president of the Vermont Asbestos Group over contamination
Farmers Insurance to Sponsor Upcoming PGA Tour Event in California
The San Diego Open found a title sponsor one week before its tournament, the fourth new sponsor the PGA Tour has attracted in the last nine months.
Federal Reserve Defends Dealings Over AIG Payments to Banks
Federal Reserve officials Tuesday launched a vigorous defense of their dealings with American International Group, calling for a congressional audit and denying any inappropriate action with …
House Panel Asks Paulson to Testify in AIG Probe
A House panel slated to look into the collapse and bailout of insurer American International Group has widened its probe, adding former Treasury Secretary Henry Paulson to its list of invited …
The Hanover Acquires The Campania Group
Worcester, Massachusetts-based insurer The Hanover Insurance Group Inc. will acquire The Campania Group, a medical and general liability insurer for the health care industry. Terms of the deal …
Safety Agrees to Change Motorcycle Premium Calculations in Massachusetts
Boston-based insurer Safety Insurance Group Inc. said it has reached an agreement with the Massachusetts Attorney General’s office to change the way in which it calculated motorcycle …
Geithner Denies Role in Hiding AIG Payments to Banks
U.S. Treasury Secretary Timothy Geithner said Thursday the bailout of insurer American International Group was not meant to help out bank counterparties and that he had no role in the decision not …
Secret AIG Filing May Have Revealed Banks With Worst Securities Deals
Information about the American International Group bailout that regulators agreed to keep secret may reveal which banks held some of the worst performing mortgage-related securities at the time of …
U.S. Senator Urges SEC to Probe N.Y. Fed Over AIG E-mails
U.S.
ACE Expands High Net Worth Personal Lines Product in Colorado
ACE Private Risk Service, part of the ACE Group, has expanded the availability of its ACE Platinum Portfolio policy, a personal insurance program for high net worth clients, to Colorado. In …
Hanover Insurance Enhances Ocean Cargo Product
The Hanover Insurance Group, Inc.
SEC Order Keeps Some AIG Bailout Terms Sealed Until 2018
It could take until November 2018 to get the full story behind the U.S. bailout of insurance giant American International Group because of an action taken last year by the Securities and Exchange …
Jenkins Insurance Group Names Stoker VP
Concord,
The Hanover Insurance: Focused on Niches, Says More Acquisitions Likely
The Hanover Insurance Group Inc.’s CEO Frederick H. Eppinger expects the western United States to be a key growth driver for the super-regional insurer in the next several years. Having just …
Denton to Lead Argo Group’s U.S. Specialty Property Initiative
Argo Group International Holdings Ltd.
