ACEC Business Insurance Trust Announces Leadership Changes and New Trustee Appointments - Insurance News | InsuranceNewsNet

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August 21, 2018 Newswires
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ACEC Business Insurance Trust Announces Leadership Changes and New Trustee Appointments

PR Newswire

WASHINGTON and SAN FRANCISCO, Aug. 21, 2018 /PRNewswire/ -- The American Council of Engineering Companies Business Insurance Trust (BIT) and Greyling/EPIC Insurance Brokers & Consultants announced today leadership changes within the Trust as well as new Trustee appointments. Current Trustees Robin S. Greenleaf, P.E., LEED AP, Robert A. Overfield, P.E., and Michael D. Klingner, P.E. have assumed new leadership roles for the ACEC BIT. Robin will serve as Chair of the BIT Trustees, Robert as Vice Chair, and Michael as Treasurer. Former Chair Gary Loesch, P.E., DEE, will remain involved with the Trust as Trustee Emeritus.

Additionally, Armando Ramos, P.E., LEED AP and Richard Humann, P.E., have been appointed Trustees for the ACEC BIT. "We are very pleased to welcome new Trustees Armando and Rich. With their extensive experience in managing engineering firms in California and the northeastern US, they bring a balanced perspective to the Trust and a thorough understanding of the risks and challenges facing engineering firms today," said Robin.

Armando Ramos is President of Ramos CS, a multi-service infrastructure consulting firm specializing in engineering, program, and construction management. Mr. Ramos has over 22 years of experience working on large-scale transit and transportation systems, international airport expansions, and federal and municipal facilities. Mr. Ramos started his career as a Structural Engineer, where he was responsible for the design of several federal facilities and structures, including the Metro Gold Line underground tunnels and bridges in the Los Angeles area. Armando has held many ACEC leadership roles, with his most recent being ACEC Los Angeles President (2018-2019).

Mr. Richard Humann is Chairman, President, and CEO of H2M architects + engineers; H2M Associates, Inc.; and H2M Architects & Engineers, Inc., where he first started as an engineering intern in 1987. Rich became the CEO in 2013, and since been responsible for the overall performance of the firm, driving the corporate mission, vision, and values of the firm to create a working environment that promotes growth, engagement, and positive culture. "Building sustainable communities since 1933" is H2M's mission, marshalled by Rich in how he motivates and encourages all employees to make sustainable design the foundation of the firm. Rich sits on several charitable, business, and academic boards, including the Engineering Advisory Boards at Stony Brook University and the New York Institute of Technology, and the Corporate Advisory Board of Cold Spring Harbor Laboratory.

The ACEC BIT is responsible for providing quality business insurance responsive to engineering firms' unique needs, delivering exceptional service to ACEC members, and offering valuable and relevant member benefits. The Trustees strive to meet and exceed member firms' expectations and are committed to helping the Program keep pace with changes in the profession.

For additional information regarding the ACEC BIT Program, please contact Jeff Connelly at Greyling/EPIC (833-223-2248 or [email protected]) or any of the following BIT Trustees:

Robin S. Greenleaf, P.E., LEED AP, F.ACEC
Phone: 617.542.0810
Email: [email protected]

Robert A. Overfield, P.E.
Phone: 307.587.4911
Email: [email protected]

Michael D. Klingner, P.E.
Phone: 217.223.3670
Email: [email protected]

Doris I. Willmer, P.E., LEED AP, F.ACEC
Phone: 770.939.9904
Email: [email protected]

Rachel Hayden, P.E.
Phone: 214.753.8100
Email: [email protected]

Armando Ramos, P.E., LEED AP
Phone: 626.993.6786
Email: [email protected]

Richard Humann, P.E.
Phone: 631.756.8000
Email: [email protected]

Marc Alper, P.E., S.E., F.ACEC
Phone: 314.432.8600
Email: [email protected]

Gary E. Loesch, P.E. DEEPhone: 631.756.8000, ext. 1140
Email: [email protected]

About EPIC:
EPIC is a unique and innovative retail property & casualty and employee benefits insurance brokerage and consulting firm. EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty, and sustains a high level of customer service excellence.

EPIC team members have consistently recognized their company as a "Best Place to Work" in multiple regions and as a "Best Place to Work in the Insurance Industry" nationally.

EPIC now has more than 1,400 team members operating from 50 offices across the U.S., providing Property & Casualty, Employee Benefits, Specialty Programs, and Private Client solutions to more than 20,000 clients.

With run rate revenues greater than $400 million, EPIC ranks among the top 20 retail insurance brokers in the United States. Backed by Oak Hill Capital Partners, the company continues to expand organically and through strategic acquisitions across the country. For additional information, please visit www.epicbrokers.com.

*LOGO Link for media: Send2Press.com/300dpi/16-0308-epic-insurance-300dpi.jpg

This release was issued through Send2Press®, a unit of Neotrope®. For more information, visit Send2Press Newswire at https://www.Send2Press.com

 

Cision View original content:http://www.prnewswire.com/news-releases/acec-business-insurance-trust-announces-leadership-changes-and-new-trustee-appointments-300699926.html

SOURCE EPIC Insurance Brokers and Consultants

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February 13, 2026 Newswires
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AM Best Affirms Credit Ratings of Members of Aegon Ltd.’s U.S. Subsidiaries

Business Wire

OLDWICK, N.J.--(BUSINESS WIRE)--
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of the U.S. life/health (L/H) subsidiaries of Aegon Ltd. (Bermuda) [NYSE: AEG]. Aegon Ltd.’s U.S. L/H companies are Transamerica Life Insurance Company (Cedar Rapids, IA) and Transamerica Financial Life Insurance Company (Harrison, NY) both referred to as Aegon USA Group (Aegon USA). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Aegon USA’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.

AM Best expects Aegon USA to maintain its very strong balance sheet strength assessment in the near term, with strong to very strong levels of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR). Aegon USA has additional access to liquidity as a member of the Federal Home Loan Bank, which together with its access to capital markets provides substantial financial flexibility and borrowing capacity. While the asset allocation within Aegon USA’s investment portfolio is typical for the U.S. life insurance industry, there is some continued exposure to higher risk assets, as allocations have continued to decline in recent years. Aegon USA retains some interest rate sensitivity risk on the balance sheet and has significant usage of reinsurance to manage its liabilities.

Aegon USA’s pretax operating earnings have been positive over the longer term with double-digit returns on equity and diversified earnings across different product lines. Aegon USA’s overall top-line premiums increased in 2024, and remained level through the first three quarters of 2025.

Aegon USA’s overall business profile remains favorable. Aegon Ltd. announced plans to relocate its head office and legal seat to the United States, a transition it aims to complete by 2028. Following the completion of the re-domiciliation process, Aegon Ltd., will be renamed Transamerica Inc., and plans to prioritize resources toward building a leading U.S. life insurance and retirement company. Aegon USA has had a long-term strategy toward building a less capital-intensive book of business, driven by targeted growth and strategic exits and buyouts in certain lines, as well as competitive market positions across an array of product lines. The company’s diverse lines of traditional life, indexed universal life, variable annuities (VA) without interest-sensitive living and death benefit riders, mutual funds, retirement plans and accident and health insurance contribute to operating earnings. AM Best continues to view the group’s VAs with living benefit riders as displaying some of the highest risk characteristics, though Aegon USA has taken actions to manage and mitigate these risks through increased hedging, as well as closing this product line for new business.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260213665353/en/

Louis Silvers
Senior Financial Analyst

+1 908 882 2316

[email protected]

Wayne Kaminski
Associate Director

+1 908 882 1916

[email protected]

Christopher Sharkey
Associate Director, Public Relations

+1 908 882 2310

[email protected]

Al Slavin
Senior Public Relations Specialist

+1 908 882 2318

[email protected]

Source: AM Best

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