Insurance Market

AIG Names Anthony J. DeSantis President and Chief Executive Officer of Personal Auto Group

October 26th, 2008

AIG has named Anthony J. DeSantis as President and Chief Executive Officer of its Personal Auto Group. The Personal Auto Group includes aigdirect.com, the direct personal lines automobile insurance operations of American International Group, Inc. (AIG), AIG Agency Auto, which provides personal lines insurance through a network of independent agencies and brokerages throughout the United [...]

A.M. Best Upgrades Ratings of Darwin Group and Its Members; Affirms Ratings of Allied World and Its Affiliates

October 26th, 2008

A.M. Best Co. has upgraded the financial strength ratings (FSR) to A (Excellent) from A- (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of Darwin Group (Darwin) (Wilmington, DE) and its members. The above ratings have been removed from under review with positive implications and assigned a stable outlook. Darwin was recently acquired [...]

Universal American Corp. to Present at the Oppenheimer & Co. 19th Annual Healthcare Conference on November 4th

October 26th, 2008

Universal American Corp. announced that its Chairman & CEO, Richard Barasch, will present at the Oppenheimer & Co. 19th Annual Healthcare Conference on Tuesday, November 4, 2008 at 10:00 am ET at the Waldorf-Astoria Hotel, in New York City.
Investors will be able to access the presentation live over the Internet via the Investor Relations section [...]

California Oaks State Bank Reports 3rd Quarter 2008 Results

October 26th, 2008

California Oaks State Bank, a community business bank with assets of $123.2 million, reported net income for the nine months of 2008 of $140,605 or $0.10 per share, compared to net income of $412,157 or $0.27 per share in the same time period of 2007.
Total assets ended September 30, 2008 at $123.2 million with net [...]

About

October 25th, 2008

Insurance Industry News