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JERSEY CITY, N.J., April 17, 2012/ PRNewswire/– Miravast, a recently launched risk management firm led by Bill Taylor specializing in life contingent assets, today announced that Edward O’Leary, the former Vice President of Operations for the AIG/Chartis Risk Solutions division, has joined as Vice President of Operations and Technology. O’Leary, who was…

Travelers recently presented its prestigious Agent of the Year Award to 19 of its top Personal Insurance independent insurance agents. “The Agent of the Year award recognizes business leaders for their proven ability to attain the highest standards of success in our industry through hard work, commitment and the responsibility to do it right,” said Greg…

April 17– AmWINS Group, a Charlotte- based wholesale insurance broker, has completed a $1.3 billion recapitalization deal with private equity firm New Mountain Capital. The company’s management won’t change, said AmWINS CEO Steven DeCarlo. AmWINS has grown largely through acquisitions, with 29 deals over the past 10 years.

As part of ongoing accounting of the acquisition of Greater Atlantic Bank, we have identified errors in the purchase accounting related to that acquisition. The most significant adjustment involves the initial estimate of the fair value of the FDIC indemnification asset. The financial information for the years ending December 31, 2010 and 2009 provided in…

Headquartered in Charlotte, N.C., AmWINS is a leading specialty insurance broker placing over $7 billion of premiums through its relationships with more than 16,000 retail brokerage firms and more than 1,000 insurance carriers. “This new partnership allows AmWINS to continue its growth trajectory both organically and through strategic acquisitions,” said…

Our policies are designed to insure specific vehicles, “says Linden Gray, the president of Mexican Insurance Store.” As long as a person is 21 with a valid U.S. or Canadian driver’ s license, and the owner’ s permission to drive in Mexico, they are covered by our Mexico car insurance policies, “he adds.” We’ve taken informal polls of the people who buy Mexico car insurance…

She has been with Leisure Care, which manages both Winslow Court and MacKensie Place in Colorado Springs, for 10 years. Gene Renuart Jr., Andrea Aragon, Dennis Maes and Christina McGrath to its board of trustees. Aragon will serve as the board’s Regional Trustee, a one-year rotating position designed to represent communities outside of Denver and Colorado…

MILWAUKEE- WEA Trust, the not-for-profit insurer that covered about two-thirds of Wisconsin school districts last year, has seen its revenue decline almost $70 million after the state gave districts more freedom to switch insurers. Despite the drop in revenue, WEA Trust officials say they’re confident in their long-term business plan.

April 16– Reynolds Insurance, a Santa Fe insurance company with roots going back 130 years, came in first in a recent competition among small Santa Fe businesses that promote the implementation of family-friendly policies and programs. Reynolds Insurance is owned by Santa Fe businessman Jake Rodar. Reynolds Insurance has 16 employees– 87 percent of them women.

The Company reported a net after-tax loss on continuing operations of $9.0 million for the year ended December 31, 2011 compared to earnings of $2.7 million for the year ended December 31, 2010. The Company reported basic and fully diluted losses per common share from continuing operations of $0.136 for the year ended December 31, 2011 compared to earnings…

Hamilton, NJ April 16, 2012. Consumer Health Network PPO, a URAC-accredited network of over 120,000 health care providers, will offer workers’ compensation cost saving strategies at the Risk and Insurance Management Society conference in Philadelphia, April 15-18, 2012. “Workers’ compensation insurers are under intense pressure to increase efficiency and…

Great American Insurance Group is pleased to announce the hiring of John W. Tholen as Vice President of Reinsurance. About Great American Insurance Group. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses, and in the…

A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of B+ and issuer credit rating of“ bbb-” of State Mutual Insurance Company. The revised outlook reflects State Mutual’ s considerably improved risk-adjusted capitalization primarily due to its entering into two reinsurance agreements on an older ordinary…

The California Hispanic Chambers of Commerce, announced today their endorsement of the 2012 Automobile Insurance Discount Act. “California Hispanic business owners and employees are active participants in our communities,” said Julian Canete, President and CEO of the California Hispanic Chambers of Commerce. ” The 2012 Automobile Insurance Discount Act…

Fixed annuity carrier Athene Annuity& Life Assurance Company has received the 2012 Carrier Visionary Award from iPipeline, a leading provider of sales distribution software to the insurance industry. Athene Annuity& Life Assurance Company has received iPipeline’s 2012 Carrier Visionary Award for demonstrating insurance industry leadership in…