Allmerica Financial Corporation (NYSE: AFC - News) yesterday reported net income for the fourth quarter of $63.1 million, or $1.18 per share, compared to net income of $14.0 million, or $0.26 per share in the fourth quarter of last year. For the full year, the company reported net income of $125.3 m...Read More
ABD Insurance and Financial Services, a provider of global risk management and employee benefits solutions, announces a working partnership with AtWork Resources(TM), Inc., a provider of web-based software and consulting services for management of absence and disability in the workplace.
AIG Small Business(R), a division of the property and casualty insurance subsidiaries of American International Group, Inc. (AIG), in conjunction with the AIG Domestic Accident & Health division(R) (A&H), yesterday announced it will offer a line of accident and health insurance programs designed spe...Read More
A.M. Best Co. has placed the financial strength rating of A+ (Superior) of Travelers Property Casualty Pool (Travelers PC Pool) (Hartford, CT) under review with negative implications. Additionally, A.M. Best has placed the debt ratings of "a-" on senior debt, "bbb+" on subordinated debt, "bbb" on tr...Read More
Discover Re has named Arthur W. Wright
Executive Vice President and Chief Underwriting Officer. He will be
responsible for oversight of all underwriting activity and policy and he will
report to George L. Estes III, Chairman and President of Discover Re.
Mr. Wright joins Discover Re ...Read More
Expect the best, plan for the worst, and prepare to be surprised -- sage advice for an industry that bases its business on the accumulation of risk, according to the A.M. Best Company.
No one could have foretold the devastation caused by Hurricane Andrew in 1992. Nor could anyone accurate...Read More
Aon Corporation (NYSE: AOC) will release its
fourth quarter earnings after the market close on Tuesday, February 8, 2005. The earnings release will be available on Aon's web site at www.aon.com. Patrick G. Ryan, chairman and CEO, will host...Read More
Aon Captive Services
Group (ACSG), the global captive insurance services arm of Aon Corporation, has made a series of appointments and changes to its management
team.Scott Frazier has been named group managing director of Aon Insurance
Managers (AIM) Americas, Aon's captive service group,...Read More
ACE Limited announced yesterday the appointment of Robert F. Cusumano as General Counsel, effective March 1. He will succeed Peter Mear, who plans to retire as ACE's chief legal officer after a nine-year tenure.Mr. Mear, 61, who has served as General Counsel of ACE since 1996, plans to reti...Read More
Arthur J. Gallagher & Co. says that a recently completed internal investigation has found no evidence of any illegal or improper activity, as alleged by New York Attorney General Eliot Spitzer, and other entities, against rival Marsh & McLennan Cos. Inc. The widely publicized investigations ...Read More