Wells Fargo Insurance, part of Wells Fargo& Company, named Jason Paulnock senior vice president and managing director for its Minnesota offices. “Minnesota is an important market to Wells Fargo Insurance,” said Meder. Most recently, he served as regional vice president for Wells Fargo’s Midwest Government, Education& Nonprofit banking team where he oversaw…
Newswires
To better meet the specialized insurance needs of its Minnesota customers, Wells Fargo Insurance, part of Wells Fargo& Company, named Jason Paulnock senior vice president and managing director for its Minnesota offices. Most recently, he served as regional vice president for Wells Fargo’s Midwest Government, Education& Nonprofit banking team where he…
A.M. Best Co. has affirmed the financial strength rating of A+ and issuer credit ratings of “aa-” of Pacific Life Insurance Company and its subsidiary, Pacific Life& Annuity Company. Concurrently, A.M. Best has affirmed the debt ratings of PLIC as well as the ICR of “a-” and debt ratings of its parent holding company, Pacific LifeCorp. Pacific Life’s…
A.M. Best Co. has assigned a financial strength rating of A and an issuer credit rating of “a” to ACE Seguros S.A., whose ultimate parent is ACE Limited. The ratings of ACE Seguros are enhanced by the financial and operating benefits it receives as a member of ACE, which is evidenced by ACE’s capital contributions in prior years and the internal reinsurance support…
Summit Business Media announced that it has named Emily Holbrook as Executive Managing Editor of National Underwriter Life& Health, Summit’s publication for life and health insurance professionals. In a release, the group said that Holbrook has covered the financial, risk management and insurance industries for more than a decade and comes to Summit from…
The Indian Insurance Awards recently honoured Aegon Religare Life Insurance as the E-Business Leader, under the category of Overall Insurance Industry Awards. At the occasion, KS Gopalakrishnan, Executive Director at ARLI said, ” Aegon Religare Life Insurance is extremely proud and happy to be honoured as the E-Business Leader at the Indian Insurance Awards.
July 28– WHEATFIELD– The SPCA of Niagara reneged on its promises of lifetime health insurance and life insurance, the organization’s former executive director contended in a lawsuit filed last week. Albert J. Chille, 87, said in his State Supreme Court suit that the SPCA board voted twice to give him the benefits, but they were cut off last year.
Founded in 2007, the Tampa company now has more than 150,000 polices, about 2.5% of the Florida market, with about $340 million in annualized gross premiums. To reflect its diversification, Homeowners Choice rolled out a new name last April and is now doing business as the HCI Group. Weiss Ratings has given Homeowners Choice a “D” rating because it has grown too fast…
July 27– SAN BENITO– Neighbors and business owners Friday spoke out against developers’ plans to build a power plant on the 170- acre site of the city’s old airport off Business 77.. But developer Peter Del Mastro said the plant would not endanger residents and added he would move the project out of town if neighbors opposed it. Telemark Development Group, a Nevada…
The American Land Title Association issued the following news release:. The American Land Title Association, the national trade association of the land title insurance industry, announced today it has awarded Shari K. Foster of Lockhart, Texas, a National Title Professional designation. She serves on the Texas Land Title Association’s Land Title School…
Miami-Dade County Public Schools issued the following news release:. Miami-Dade County Public Schools has been named one of three winners of the National Underwriter’s Excellence in Workers’ Compensation Risk Management Award, which honors organizations with outstanding loss control, safety and return-to-work programs. The school district’s Office of…
Saybrus Partners, Inc. announced that Steve Shirley has joined the company as managing director, National Accounts and Geoffrey Ward has joined the company as managing director, Business Development. “Steve’s extensive sales, marketing and distribution experience is a great fit for Saybrus as we continue to forge strong, successful partnerships and build…
Appalachian Underwriters, Inc., a provider of commercial, personal, and specialty insurance, and Instec, a provider of P&C insurance platforms, announced that Appalachian Underwriters has selected and has successfully deployed Instec’s Quicksolver Enterprise policy rating platform for Appalachian Underwriters’ Workers’ Compensation line of business.
ITA Cayman Holdings agreed to acquire Standard Chartered Trust Limited, along with their clients from Latin America. According to the company, the ITA Group through its fiduciary arm of ITA Global Trust Company provides trustee and corporate management and administration services to high net worth clients, private trust companies, investment funds and…
Frias joined Segal Consulting’s New York office in 1998. After a series of promotions, he was named a Vice President in 2007 and Vice President and Actuary in 2011. Frias has more than 15 years of experience as a pension and retiree health actuary working with multiemployer and public sector pension and health plans. Heppner joined Segal Consulting’s Chicago…
Regions Insurance announced it has established a new office in Columbia, S.C. and hired tenured insurance executive Frank Norris to lead the office, its first in the state of South Carolina. According to the company, Norris and his team join Regions Insurance from Frank B. Norris and Co., a Columbia- based insurance and risk management brokerage.
The Hanover Insurance Group, Inc. announced it has expanded its healthcare industry solutions to help agents capitalize on the burgeoning market. “Innovative technologies, a larger patient population and growth within the in-home medical services are driving dramatic growth in the medical industry,” said Matthew Mitchell, president, Hanover Healthcare, in…
Commercial mortgage loans held by life insurance companies generated a total return of 1.99 percent in first quarter 2013, an improvement over the 1.85 percent return achieved in fourth quarter 2012, according to the LifeComps Commercial Mortgage Loan Index. The LifeComps Commercial Mortgage Loan Index reported that income contributed 1.29 percent…
Research and Markets has announced the addition of the “Reinsurance in the Philippines, Key Trends and Opportunities to 2016” report to its offerings. The Philippine reinsurance segment declined in 2009 as a result of the global economic crisis, before recovering and recording annual growth in 2010 and in 2011. During the review period, the Philippine…
