PEMBROKE, Bermuda—- Validus Holdings, Ltd. announced today that AlphaCat Managers, Ltd. has secured $564 million of new subscriptions and commitments for deployment during 2015. The newly raised capital consists of $409 million for the AlphaCat ILS Funds and $155 million for AlphaCat 2015, Ltd., a special purpose vehicle formed for the purpose of investing…
INN Insider News
Prudential Financial, Inc. today announced that Kevin Myers, senior managing director and head of the Strategic Solutions Group, has decided to retire in July. Myers joined Prudential in 1990 to create a dedicated sales and marketing function in the Prudential Realty Group, which shortly thereafter become Prudential Real Estate Investors.
–Quest Diagnostics, the world’s leading provider of diagnostic information services, today announced the appointment of veteran health plan executive Michael Cole as vice president of health plans for Quest Diagnostics. Prior to that, Mr. Cole was chief operating officer and market vice president for UHC, Illinois where he had responsibility for key account…
By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a trademark application has been made for “CAPITAL PRESERVATION PLUS LIFETIME INCOME” by Amy R. Grayem, representing Nationwide Mutual Insurance Company. The owner/registrar information for this…
By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a trademark application has been made for “NATIONWIDE SALES SOLUTIONS” by Scott W. Linek, representing Nationwide Mutual Insurance Company. The owner/registrar information for this application is: Scott W….
WASHINGTON, Jan. 8, 2015/ PRNewswire-USNewswire/– The Senate’s bipartisan vote of 93-4 today extends for six years the Terrorism Risk Insurance Act, a significant policy tool against the potential economic fallout of terrorism that helps protect businesses nationwide from ongoing threats, provides certainty to commercial real estate markets and allows…
By a News Reporter-Staff News Editor at Investment Weekly News– Alistair Capital Management, L.L.C. announced that Alistair Capital has delivered a letter to the Prudential Regulation Authority, a division of the Bank of England, regarding property and casualty insurer AmTrust Financial Services, Inc.. In the letter, the full text of which is available at…
Tena Marie Moppin, 30, was booked into the Shawnee County Jail on Aug. 20 in connection with forgery, theft, possession of stolen property and aggravated burglary charges, according to court documents. Her $45,000 bond was posted by Moose Bail Bonds on Sept. 22. Her second arraignment is scheduled for 2:30 p.m. Feb. 13 at the Shawnee County Courthouse.
Jan. 08– TRAVERSE CITY– Hagerty Insurance Agency hired Progressive Corporation veteran Richard Hutchinson as president. Hutchinson holds degrees from Yale and the University of Chicago. He held multiple senior leadership roles during his 29- year career at the Progressive Corporation.
Praesidian Capital, along with co-investor Kemper Insurance, has increased its investment in Etransmedia Technology, Inc.. Etransmedia is a fast-growing, national information technology company that provides software and services to the healthcare industry. “Praesidian stepped in two years ago to finance our company’ s growth which allowed us to…
Jan. 08– Mercy Fort Smith announced Thursday it will provide medical services for a future homeless campus in downtown Fort Smith, a move described as a “game changer for our community.” Also Thursday, it was announced Thursday that longtime Fort Smith resident Bennie Westphal, owner of Foundation Life Insurance Company of Arkansas, is donating $100,000 to the…
AssuredPartners Inc. has acquired BRG Insurance and Bonds located in Lake Mary, Florida. Their experience will be a great addition to the AssuredPartners footprint in Florida, “said Tom Riley, President and COO of AssuredPartners, Inc.” We welcome the BRG Insurance and Bonds staff and clients to the AssuredPartners family. ABOUT ASSUREDPARTNERS, INC…
New Findings from New York University Describe Advances in Community Health. By a News Reporter-Staff News Editor at Insurance Weekly News– Current study results on Community Health have been published. According to news reporting originating from New York City, New York, by VerticalNews correspondents, research stated, “The Patient Protection and…
By a News Reporter-Staff News Editor at Investment Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Hony Capital Fund V, L.P. was posted on December 29, 2014. The SEC file number is 0001104659-14-088895.. A U.S. Securities and Exchange Commission filing is…
By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a trademark application has been made for “LAND AS YOUR LEGACY” by Amy R. Grayem, representing Nationwide Mutual Insurance Company. This application was made available to the public on December 19, 2014.
By a News Reporter-Staff News Editor at Investment Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Monarch Debt Recovery Master Fund Ltd was posted on December 24, 2014. The SEC file number is 0000899140-14-000747.. A U.S. Securities and Exchange…
A.M. Best has affirmed the financial strength rating of A and the issuer credit ratings of“ a” of CMFG Life Insurance Company and MEMBERS Life Insurance Company, a life/annuity subsidiary, as well as the following property/casualty subsidiaries: CUMIS Insurance Society, Inc. and its wholly owned subsidiary, CUMIS Specialty Insurance Company, Inc..
By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Nationwide Life Insurance Co was posted on December 19, 2014. The contact information for this company is NATIONWIDE LIFE INSURANCE COMPANY, ONE…
Goodwin Procter, a leading Am Law 50 and Global 50 law firm, announced today that Michael Barton has joined the firm as Chief Financial Officer. Prior to joining Rothstein Kass, Barton was Executive Director for Finance at Grant Thornton LLP, where he previously held the positions of Director of Financial Planning and Analysis, and Group Director of Finance and…
