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Sinosure transformation plan submitted to State Council for approval

December 23, 2009

BEIJING, Dec 23, 2009 (Xinhua via COMTEX) — China Export and Credit Insurance Corporation (Sinosure) has submitted its transformation plan…

Farmers Insurance names new VP of sales

December 23, 2009

Dec 23, 2009 (Datamonitor via COMTEX) — Farmers Insurance Group of Companies has appointed Larry Pratt to the position of…

CPIC starts trading on HKEx

December 22, 2009

BEIJING, Dec 22, 2009 (Xinhua via COMTEX) — China Pacific Insurance (Group) Co. (CPIC) opened for trading on the Hong…

Jack Hannigan Named Farmers Insurance Executive Vice President—Independent Agency Operations

December 22, 2009

LOS ANGELES, Dec. 22 /PRNewswire/ — Farmers Insurance Group of Companies® announces the appointment of Jack Hannigan, Senior Vice President…

St. Cloud schools, administrators reach benefits deal [St. Cloud Times, Minn.]

December 22, 2009

Dec. 22–An agreement between St. Cloud school district and its administrators will end the practice of paying for health insurance…

American Assurance, Affiliates Ordered by Fla. Regulator to Cease Business in State

December 22, 2009

Florida Insurance Commissioner Kevin McCarty has ordered American Assurance Underwriters Group and its affiliates, Worldwide Expatriate Administrators LLC and Worldwide…

Markel Corporation Announces Resignation of Paul W. Springman

December 22, 2009

RICHMOND, Va., Dec. 22 /PRNewswire-FirstCall/ — Markel Corporation (NYSE: MKL) announced today that Paul W. Springman, who has been on…

Briefing.com: Hourly In Play (R) – 16:00 ET

December 22, 2009

Dec 22, 2009 (Briefing.com via COMTEX) — Hourly In Play (R) Updated: 22-Dec-09 16:00 ET 15:53 WMG Warner Music Group…

Philadelphia Insurance Companies Announces Retirement of 47 Year Legacy, Chairman & Founder, James J. Maguire

December 22, 2009

<div class=”xn-content”><p><span class=”xn-location”>BALA CYNWYD, Pa.</span>, <span class=”xn-chron”>Dec. 22</span> /PRNewswire/ –<b> Philadelphia Insurance Companies </b>(PHLY)<b></b>today announced its Founder, <span class=”xn-person”>James J. Maguire</span><b>, </b>will retire as Chairman of the Board of Directors effective <span class=”xn-chron”>January 1, 2010</span> and that <span class=”xn-person”>Jamie Maguire</span>, President & CEO,<b></b>will succeed him as Chairman. </p><p>(Logo: http://www.

A.M. Best Downgrades and Places Under Review Ratings of Catholic Knights

December 22, 2009

OLDWICK, N.J.–(BUSINESS WIRE)– A.M. BestCo. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit…

Sheshunoff Consulting + Solutions Offers Innovative Enterprise Risk Management Services

December 22, 2009

AUSTIN, Texas–(BUSINESS WIRE)– Sheshunoff Consulting + Solutions announces a new, innovative approach to identifying, quantifying and monitoring risks faced by…

Don Ameche Joins Aon eSolutions as Senior Vice President of Global Sales and Marketing

December 22, 2009

CHICAGO, Dec. 22 /PRNewswire-FirstCall/ — Aon eSolutions, provider of award-winning technology-based tools that improve the management of risk, insurance and…

Steak n Shake bids for Fremont Michigan InsuraCorp

December 22, 2009

INDIANAPOLIS_The Steak n Shake Co., which owns and franchises casual dining restaurants, announced Monday that it made an unsolicited bid…

Georgia Regulator: No Wrongdoing in Oscars Trip, Insurance Intervention

December 22, 2009

Georgia Insurance Commissioner John Oxendine maintains he did nothing improper in accepting trips, including to an Academy Awards party hosted…

StopTheSurcharge.org Exposes the Riches of Mercury Insurance Execs – and the Costs to Californians of Their New Ballot Initiative

December 22, 2009

SANTA MONICA, Calif., Dec. 22 /PRNewswire-USNewswire/ — Today, the Campaign for Consumer Rights launched a new site – http://www.StopTheSurcharge.org –…

Senators Overseeing Health Bill Get Big Dose Of PAC Cash

December 22, 2009

<strong></strong>Copyright 2009 Gannett Company, Inc.All Rights Reserved <span id=”hitDiv1″><strong>USA</strong> <span id=”hitDiv1″><strong>TODAY</strong> <br />
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<strong></strong><span id=”hitDiv2″><strong>December</strong> 22, 2009 Tuesday CHASE EDITION <br />
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<strong>SECTION: </strong>NEWS; Pg. 8A <br />
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<strong>LENGTH: </strong>495 words <br />
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<span class=”story”><strong>HEADLINE: </strong><span class=”headline” align=”LEFT”>Senators overseeing health bill get big dose of PAC cash<br />
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<strong>BYLINE: </strong>Fredreka Schouten <br />
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<p> </p>
WASHINGTON — As the health care bill moves toward a critical vote in the Senate, the five senators charged with overseeing the floor debate count health interests among their biggest campaign contributors, records show. </span></span></span></span></span>

Impairments for Life/Health and P/C Writers Up by at Least 30%

December 22, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved

<span ID=”hitDiv1″>BestWire

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<span ID=”hitDiv2″>December 21, 2009 Monday 09:28 AM EST
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966 words
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<span class=”headline” align=”LEFT”>Impairments for Life/Health and P/C Writers Up by at Least 30%<br>

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Meg Green
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OLDWICK, N.J.
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<P></P>More insurance companies are becoming financially impaired as some insurers struggle with the impact of recent economic turmoil and traditional impairment risks such as underpricing the business they write.

Transportation Department Documents and Publications

December 22, 2009

Agency Information Collection Activities; Revision of a Currently-Approved Information Collection Request: Financial Responsibility for Motor Carriers of Passengers and Motor…

NAIC Committee OKs Annuity Suitability Model

December 22, 2009

An NAIC committee on Monday adopted a final version of the Suitability in Annuities Transactions model regulation…

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