IPC Holdings, Ltd.announced that Glass Lewis & Co. and PROXY Governance Inc., two of the nation’s leading proxy advisory firms, have each recommended that IPC shareholders vote the white proxy card for all the proposals associated with IPC’s proposed amalgamation with Max Capital Group Ltd (NASDAQ: MXGL; BSX: MXGL BH).
In its June 1, 2009 report [...]

The National Center for Regulatory Reform, developed by attorneys deeply involved in representing the victims of the federal and state governments’ failure to regulate the financial and insurance industries, today expressed its concerns that the new regulations proposed by the current administration will do more harm than good.
Under the plan, the government would have new [...]

The fourth annual Black Enterprise Women of Power Summit hosted by State Farm® will kick off Feb. 11 at the Ritz-Carlton Orlando, Grande Lakes in Orlando, Florida. The four-day conference, which consistently attracts more than 600 of corporate America’s most prominent minority women, C-level decision makers, mid- to senior-level managers, and aspiring professionals, offers a [...]

PSA Insurance and Financial Services of Hunt Valley announced that senior vice president Craig English has been selected as Chairman of the Insurance Roundtable of Baltimore.
Created in 1947, the Roundtable is comprised of 30 members including 20 agents from locally based insurance agencies and 10 representatives from insurance carriers. The group holds monthly meetings to [...]

The median individual deductible for health insurance coverage required by employers offering PPOs jumped to $1,000 in 2008, up from $500 last year, according to Mercer’s National Survey of Employer-Sponsored Health Plans. In 2000, only about half of employers imposed a health insurance deductible for PPO coverage (compared to about four-fifths today), and the median [...]

Electric Insurance Company, a national provider of auto, homeowners, condominium, and renters insurance, announced today that it has appointed Southwest Insurance Brokers, a full service personal lines insurance agency, as an independent agent for the marketing of its personal lines insurance products to the greater Phoenix, Arizona market. The agency was licensed to distribute these [...]

Financial Guaranty Insurance Company (FGIC) and parent company FGIC Corporation today announced that John S. Dubel is expected to be appointed Chief Executive Officer (CEO) at the next meeting of the Board of Directors, replacing Frank J. Bivona whose contract is expiring at the end of the year. Mr. Bivona has been CEO since December [...]

Waldorf=Astoria Hotels™, one of the luxury brands of Hilton Hotels Corporation, along with Mariner Commercial Properties, Inc. of Ardmore, Pa., Brook J. Lenfest and Dallas-based Gatehouse Capital Corporation announced today the development of the Waldorf=Astoria® Hotel and Residences Philadelphia to be managed by an affiliate of Hilton Hotels Corporation.
Source: The Waldorf=Astoria Collection
· The Waldorf=Astoria Hotel [...]