Energy

OneBeacon Launches Energy Insurance Business

June 18th, 2009

OneBeacon Insurance Group announced the formation of its newest specialty business – OneBeacon Energy Group, which targets upstream and midstream mid-market energy risks, as well as alternative and renewable energy sources.
Initial coverage offerings include monoline property, monoline general liability, and general liability combined with auto liability. These are available to the exploration and production, [...]

Marsh: New Insurance Facility Will Provide up to $500 Million in Protection for Energy Companies Operating in Gulf of Mexico

February 24th, 2009

Marsh, the world’s leading insurance broker and risk advisor, announced the creation of a one-of-a-kind property insurance program that can provide up to $500 million of annual capacity, in the aggregate, for windstorm losses incurred by all participating oil and gas companies operating in the Gulf of Mexico in a given policy year.
Marsh’s Cost and [...]

Firemans Fund Launches New Knowledge Site at Greenbuild® Conference, Focusing on Climate Change and Energy

November 19th, 2008

Climate change, sustainability and energy are the focus of the new Fireman’s Fund Insurance Company Knowledge Site (www.knowledge.firemansfund.com), which launches today during the national Greenbuild conference where Fireman’s Fund is participating as an exhibitor and sponsor.
The Knowledge Site was designed to present climate change and sustainability issues from different perspectives while focusing on proven solutions [...]

Allstate Selects Matthew Winter as President and CEO of Allstate Financial

October 7th, 2009

Allstate announced it has selected Matthew Winter, 52, as president and chief executive officer of Allstate Financial. Winter will be responsible for leading Allstate Financial’s effort to provide life insurance and retirement products to middle-income Americans. He will serve as a member of the corporation’s senior management team, reporting to Thomas J. Wilson, Allstate’s chairman, [...]

Jenkins Insurance Group Welcomes Scott W. Reynolds

July 14th, 2009

enkins Insurance Group, a Leavitt Group affiliated agency, is pleased to announce the hiring of Scott W. Reynolds as a Vice President. Scott will lead Jenkins’ new Energy Practice with a focus on the Renewable Energy industry.
Reynolds has been in the insurance industry for 28 years with extensive experience in the Energy field. He was [...]

David Zwiener Appointed to PartnerRe’s Board of Directors

July 10th, 2009

PartnerRe Ltd.announced that David Zwiener has been appointed to fill a vacancy on its Board of Directors effective July 7, 2009.
Mr. Zwiener, aged 54, is an experienced insurance industry executive. Between 2000 and 2007 Mr. Zwiener was President and Chief Operating Officer of the property and casualty operations at Hartford Financial Services Group Inc. In [...]

CIGNA Joins Effort to Support Extreme Makeover: Home Edition Build in Connecticut

June 27th, 2009

The ABC-TV Extreme Makeover: Home Edition’s rebuilding of a home for a Suffield, Conn. family will bring community members together from across the state, united in the goal to help a family in need. Joining this effort is local health service company CIGNA, which will send volunteer employees for worksite cleanup on Monday, June 29, [...]

Aquiline Capital Partners LLC to Acquire Conning & Company

June 17th, 2009

Aquiline Capital Partners LLC (“Aquiline”), a New York-based private equity firm investing in the financial services sector, today announced it has acquired Conning & Company (“Conning”), a leading global provider of expert solutions and services to the insurance market. The sale by Swiss Reinsurance Company Ltd. (“Swiss Re”), under undisclosed terms, will include Conning’s U.S. [...]

Arvizu Elected to State Farm Mutual(R) Board of Directors

June 9th, 2009

Dan Arvizu, Director of the U.S. Department of Energy’s National Renewable Energy Laboratory, has been elected to the board of directors of State Farm Mutual Automobile Insurance Co.
Arvizu succeeds Jerry Porras, Professor Emeritus at Stanford University’s Graduate School of Business. Porras is retiring from the board, which he joined in 1998.
Arvizu has headed NREL, the [...]

Tracy L. Rich Joins Guardian as Executive Vice President, General Counsel and Corporate Secretary

June 8th, 2009

The Guardian Life Insurance Company of America (Guardian) announced that Tracy L. Rich will join the company as Executive Vice President, General Counsel and Corporate Secretary, effective July 1.
Rich’s legal career spans more than 30 years and includes work in both the public and private sectors. As Executive Vice President, General Counsel and Corporate Secretary, [...]