Insurance Group

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 [...]

ICW Group Insurance Now Offers Workers’ Compensation in Illinois

July 10th, 2009

ICW Group Insurance Companies, which partners with 3,800 agents and brokers across the United States, is now offering workers’ compensation insurance in the state of Illinois.
The super-regional carrier’s industry-leading claims services and forward-thinking risk management has helped thousands of companies create a safe and productive work environment, while lowering the costs associated with workers’ compensation [...]

Ward Group Identifies 2009 Ward’s 50 Top Performing Insurance Companies

July 10th, 2009

The list of Ward’s 50 top performing insurance companies was released by Ward Group, an operational consulting firm and leading provider of benchmarking and best practices services to the insurance industry.
Annually, Ward Group analyzes the financial performance of over 3,100 property-casualty insurance companies and over 800 life-health insurance companies domiciled in the United States and [...]

ET Solar Group Announces Worldwide Product Liability Insurance Coverage

July 6th, 2009

ET Solar Group Corp. a Nanjing-based solar farm EPC provider and integrated manufacturer of photovoltaic (”PV”) products including ingots, wafers, modules, and state-of-the-art dual-axis tracking systems, announced immediate provision of product liability insurance coverage for its PV module customers worldwide.
Arranged by Aon, world’s top insurance brokerage firm headquartered in New York, the cover is provided [...]

Mercer Insurance Group, Inc. Announces Fourth Quarter and 2008 Earnings

February 26th, 2009

Mercer Insurance Group, Inc. reported its operating results today for the year and quarter ended December 31, 2008.
4th Quarter highlights:
– Net income of $0.10 per diluted share versus $0.45 per diluted share in the prior year’s quarter,
– Operating income of $0.54 per diluted share versus $0.48 per diluted share in the prior [...]

Promontory Financial Group Study Outlines A Federal Framework for Insurance Regulation

February 23rd, 2009

A proposed national insurance regulatory office would give the federal government a window into the insurance business and allow it to identify and respond to emerging issues more readily than state insurance departments.
Moreover, a national insurance regulatory office would give Congress the leverage is presently lacks to force action to address new problems.
Promontory Financial Group, [...]

Northern Trust Launches Insurance Accounting Solution with ProMutual Group

February 12th, 2009

Northern Trust announced it has been appointed to provide an insurance accounting and financial reporting outsourcing solution for ProMutual Group, a leading provider of medical liability insurance in the Northeast. ProMutual Group, with an investment portfolio of approximately $1.9 billion, is the first client to benefit from the full statutory accounting solution developed by [...]

EMC Insurance Group Inc. Comments on Financial Ratio Information Released by Its Parent Company, Employers Mutual Casualty Company

February 5th, 2009

Employers Mutual Casualty Company (Employers Mutual), the parent company of EMC Insurance Group Inc. announced to its employees that the statutory combined trade ratio of the EMC Insurance Companies for the year ended December 31, 2008 was 109.8 percent. This announcement was made in conjunction with a company-wide disclosure of the results of Employers Mutual’s [...]

FUTURITY FIRST Insurance Group Reaches One-Year Anniversary Milestone

January 30th, 2009

FUTURITY FIRST Insurance Group, a nationwide, independent career agency insurance organization launched in January 2008, has just reached the one-year mark, announced Edward Berube, President and CEO of FUTURITY FIRST.
FUTURITY FIRST is the first life insurance start-up in a decade to build a full-scale, national distribution organization funded exclusively with private equity capital. The organization, [...]

ProAssurance Receives Regulatory Approvals for Transactions with the PICA Group and Georgia Lawyers Insurance Company

January 29th, 2009

ProAssurance Corporation announced that all required regulatory approvals have been granted in connection with its proposed sponsored demutualization of the PICA Group (PICA), the nation’s leading provider of professional liability to doctors of podiatric medicine. The proposed demutualization is being submitted to PICA shareholders for their approval at a special meeting to be held on [...]