The U.S. division of Sun Life Financial Inc announced that Stephen L. Deschenes has been named Senior Vice President and General Manager of its Annuities Division. In this role, Deschenes will oversee Sun Life’s annuity business line, working with the company’s marketing, actuarial and distribution units to build best practices and create a diversified portfolio [...]

C.V. Starr & Company, a subsidiary of C. V. Starr & Co., Inc., is pleased to announce that it will begin offering its Resolute PortfolioSM products, designed specifically for Private and Public Companies as well as Not For Profit Organizations, through Starr Indemnity & Liability Company (Starr Indemnity) for business effective June 1, 2009 and [...]

Fidelity National Financial, Inc a leading provider of title insurance, specialty insurance, claims management services and information services, announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share. The dividend will be payable March 31, 2009, to stockholders of record as of March 17, 2009.
Fidelity National Financial, Inc is [...]

Fidelity National Financial, Inc. announced the expansion of FNF 1031 Exchange Company with the opening of offices in Chicago, New York and Boston. 1031 industry expert and attorney Scott Nathanson will manage the new offices, joined by 1031 veterans Anna Barsky in Chicago, Nicole De Santis and Mathew Narby in New York and Edward [...]

Bankrate, Inc. announced that the company has promoted industry veteran Lou Geremia to chief executive officer of InsureMe, replacing the Founder, Tim McTavish.
Tim McTavish, the founder and CEO of InsureMe and Robin Paquette, the company’s COO will step down, as planned, on Jan. 31. “Over the past year that we’ve owned InsureMe, the company [...]

A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of Fidelity National Financial Group (Fidelity) and its eight title insurance members. In addition, A.M. Best has removed from under review with negative implications and affirmed the [...]

Capitol Insurance Companies (”Capitol”) of Middleton, Wisconsin announced this week that Kathleen A. McCarney has been named Vice President Property and Casualty Operations, Carmen J. Raha has been appointed Controller, and Kevin A. Klestinski has been promoted to Director of Underwriting, Independent Agents.
Kathleen A. McCarney joined Capitol Insurance Companies in 2003 as P&C Operations Manager, [...]

Northbridge Financial Corporation (Toronto:NB.TO) announced that it has removed the downside protection on its equity portfolio investments by covering its S&P and S&P/TSX60 equity index total return swaps.
As of October 31, 2008, Northbridge held approximately 70% of its investment portfolio in cash, treasury bills and government bonds, and continued to hold credit default swaps. [...]

Odyssey Re Holdings Corp. announced today that it has removed the hedge on its equity portfolio investments by covering its S&P and S&P/TSX60 equity index total return swaps. The Company had previously disclosed in its third quarter conference call that it had reduced the notional value of its equity portfolio hedge from approximately $1.0 billion, [...]

Fairfax Financial Holdings Limited announces that it has removed the hedge on its equity portfolio investments by covering its S&P and S&P/TSX60 equity index total return swaps.
“During our third quarter conference call on October 31, 2008, I disclosed that we had reduced our equity portfolio hedging from 100% to 65% of our equity investment portfolio [...]