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, [...]

Universal Insurance Holdings, Inc, a vertically integrated insurance holding company, announced that it has been named to the Fortune Small Business magazine 2009 ‘FSB 100′ list of ‘America’s fastest-growing small public companies.’ Universal Insurance Holdings ranked #2 on the list, which can be found at the following Web address: http://money.cnn.com/magazines/fsb/fsb100/2009/full_list
According to Fortune Small Business, the [...]

The National Federation of Independent Business (NFIB) has officially named EMPLOYERS America’s small business insurance specialist®, its workers’ compensation insurance provider of choice for its 22,000 California members. NFIB selected EMPLOYERS because of its strong presence in California, and its focus and expertise as a specialty writer of workers’ compensation insurance for small businesses.
As part [...]

Litigation and insurance coverage claims involving alleged personal injuries and property damage from drywall imported from China is the focus of a half-day seminar set for July 28, 2009 at the Mission Bay Conference Center at the University of California San Francisco. The event will also be webcast.
The conference producer, HB Litigation Conferences LLC, has [...]

Allied World Assurance Company Holdings, Ltd announced through its U.S.-based Darwin subsidiary, a new program with Jardine Lloyd Thompson (JLT) Facilities, Inc. in conjunction with the rollout of Darwin’s nationwide standard market Lawyers Professional Liability (LPL) product. JLT will be underwriting on behalf of Darwin on an admitted basis in New York, New Jersey, Illinois, [...]

Canada needs to close the gap in pension coverage, and the private sector has the tools to do it, remarked Dean Connor, President, Sun Life Financial Canada. Connor was speaking today at a meeting at the Vancouver Board of Trade.
Connor noted that “The main pension gap is with a subset of Canadians who are not [...]

PartnerRe announced that it has entered into definitive agreements to acquire PARIS RE a French-listed, Swiss-based diversified reinsurer. PartnerRe will exchange 0.30 of its common shares for each PARIS RE common share outstanding in a stock-for-stock transaction.
This acquisition is expected to add $1.7 billion in new shareholders’ equity to PartnerRe. Separately, PARIS RE is expected [...]

Key Senate Democrats said on Thursday the cost of their plan to overhaul the U.S. healthcare system has dropped to $611 billion over a decade, a figure they hope will help draw wider bipartisan support in Congress.
Democratic Senators Edward Kennedy and Christopher Dodd, who are leading the Senate Health, Education Labor and Pension Committee’s efforts [...]

Despite the downturn in the economy, the multibillion dollar global insurance brokerage business held steady, for the most part, in terms of brokerage revenues in 2008. Best’s Review’s annual Top Global Insurance Broker ranking reports Aon Corp. as the No. 1 global broker with $6.2 billion in brokerage revenues. No. 2 is Marsh Inc. with [...]

The New Mexico Superintendent of Insurance announced June 30, 2009, that effective August 1, 2009, real estate title insurance premiums would rise by 10.7 percent overall. Additionally, the remittance rates from title agencies to underwriters increased from 19 percent to 20 percent for residential properties. A new rate schedule has yet to be released.
This ruling [...]