Casualty Insurance

Williams, Cohen & Gray, Inc., a Commercial Collection Agency, Completes First Planned Acquisition

March 21st, 2011

ILLIAMS, COHEN & GRAY, one of the most prestigious accounts receivable management and debt collection agencies in the nation, announced today the completion of its strategic acquisition of New Orleans-based CREDITORS RESOURCE GROUP, a regional collection agency.
Robert Williams, Founder and CEO of WILLIAMS, COHEN & GRAY stated, “I am very excited about bringing CRG into [...]


AIG Releases Preliminary Estimate for Catastrophe Losses at Chartis for the First Quarter 2011

March 21st, 2011

American International Group, Inc. (AIG) today released a preliminary pre-tax insurance loss estimate for Chartis, its property casualty insurance unit, of $1.0 billion, or $0.9 billion after tax – 1.1 percent of total AIG shareholders’ equity as of December 31, 2010 – net of all reinsurance recoverables for the first quarter of 2011, related to [...]


Infinity Property and Casualty Corporation Increases Dividend 28.6%

February 9th, 2011

Infinity Property and Casualty Corporation announced today that it declared a quarterly dividend of $0.18 per share of Infinity Property and Casualty Common Stock. The annual rate of $0.72 per share represents a 28.6% increase over the dividend paid in 2010. The dividend is payable on March 25, 2011 to holders of record [...]


Insurance Broker Lockton Promotes two Associates to Practice Leaders

February 9th, 2011

Lockton Companies, LLC, a Kansas City-based firm specializing in insurance, risk management and employee benefits, announced two promotions within its Kansas City Employee Benefits Agency today. Previously Unit Managers for health and welfare clients, Tracy Musolf, CEBS and Mark Seely, will now service Lockton clients as Practice Leaders.
(Logo: http://photos.prnewswire.com/prnh/20090415/CG99351LOGO)
Lockton developed the Practice [...]


CNinsure to Announce Fourth Quarter and Fiscal Year 2010 Financial Results and Host Conference Call on March 1, 2011

January 31st, 2011

CNinsure Inc. a leading independent insurance intermediary company operating in China, today announced that it will release its financial results for the fourth quarter and fiscal year 2010 after the close of the U.S. financial markets on March 1, 2011.
Yinan Hu, Chairman & CEO and Peng Ge, CFO will host a conference call to [...]


Chedid Re wins the 2011 Reinsurance Broker of the Year award

January 31st, 2011

Chedid Re has been named “2011 Reinsurance Broker of the Year” for the second year in a row by the MENA Insurance Awards (previously Gulf Insurance Awards). The prestigious award was presented to Chedid Re Chairman Mr. Farid Chedid during the competition’s 2011 awards ceremony, held at The Address in Dubai.
A distinguished panel of judges [...]


Vindivich Appointed Head of Casualty for Argo Group’s Colony Specialty

January 27th, 2011

Argo Group International Holdings, Ltd. (NasdaqGS:AGII – News) announced today that Ron Vindivich, senior vice president of Colony Specialty, has been appointed as head of its Excess and Surplus Lines (E&S) casualty division.
Mr. Vindivich will be responsible for our strategy and execution in this key market space reporting to Michael Fleischer, EVP, chief underwriting officer [...]


Anesthesia Business Consultants along with ePREOP Announces Point of Care Self-Pay and Coinsurance Resolution Upgrade to ePREOP at ASA Conference on Practice Management

January 27th, 2011

Anesthesia Business Consultants, LLC (ABC) is excited to announce a new upgrade to ePREOP which will be premiered at the American Society of Anesthesiologists Conference on Practice Management in Houston held from January 28th through the 29th. ePREOP offers a revolutionary software that promises to improve outcomes and save healthcare dollars, and now allows for [...]


Homeowners Choice Declares Regular Quarterly Cash Dividend

January 27th, 2011

Homeowners Choice, Inc. a Florida-based insurance holding company, today announced that its board of directors has declared a regular quarterly cash dividend in the amount of 10 cents per share. The dividend will be paid Mar. 18, 2011 to shareholders of record on the close of business Feb. 18, 2011.
“We are glad to announce [...]


ACE Names Jeffery Hager to Lead Company’s Insurance Businesses in Japan

January 27th, 2011

The ACE Group today announced that Jeffery Hager has been appointed Regional President, ACE Far East, responsible for ACE’s property and casualty (P&C) and accident and health (A&H) insurance businesses in Japan. Mr. Hager will be based in Tokyo and will report to John Keogh, Vice Chairman, ACE Limited, and Chairman, Insurance – Overseas General. [...]