A.M. Best

National Federation of Independent Business Names EMPLOYERS(R) Provider of Choice for its 22,000 California Members

July 8th, 2009

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 [...]


Allied World U.S. Launches Side ‘A’ D&O Excess and Lead DIC Product, Executive Forcefield(TM)

June 17th, 2009

Allied World Assurance Company (U.S.) Inc., a member company of Allied World Assurance Company Holdings, Ltd announced the launch of Executive Forcefield(TM), their Side ‘A’ Directors & Officers Excess and Lead Difference-in-Conditions (DIC) product.
This new product highlights Allied World’s ongoing commitment to providing its producing partners and clients with comprehensive, tailored products. The policy [...]


XL Insurance Teams Up With National Indemnity To Provide ‘Side A’ Directors & Officers Coverage

June 9th, 2009

XL Insurance, XL Capital Ltd’s global insurance operations, announced a new agreement with National Indemnity Company (”National Indemnity”), an insurance company subsidiary of Berkshire Hathaway Inc. Under this agreement, and its related reinsurance agreement, National Indemnity will issue endorsements to “Side A” Directors & Officers policies.
“Given today’s business climate, we believe that this enhanced ‘Side [...]


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, [...]


California Earthquake Authority CFO Named CFO of the Year

May 30th, 2009

Tim Richison, chief financial officer of the California Earthquake Authority since 1997, was named CFO of the Year by the Sacramento Business Journal at ceremonies held today. Judges cited Richison’s achievements as part of the original team at CEA — an entity that opened its doors in 1996 and has since become an international model [...]


Lincoln General Insurance Company run-off plan approved

May 30th, 2009

(TSX:KFS, NYSE:KFS) Kingsway Financial Services Inc. (”Kingsway”) announces that the Pennsylvania Insurance Department (the “Department”) has completed its review of a proposed RBC plan (the “Plan”) filed by Lincoln General Insurance Company (”Lincoln General”). The Department has determined that Lincoln General’s Plan is satisfactory and may be implemented immediately.
As previously announced, Lincoln General submitted its [...]


RLI Appoints Kaj Ahlmann to Board of Directors

February 4th, 2009

Insurance industry veteran Kaj Ahlmann has joined the RLI board of directors.
Ahlmann is a retired chairman, president and CEO of Employers Reinsurance Corporation, a division of GE, and currently operates his own consulting business, Six Sigma Ranch, LLC, offering advice to financial services firms, including insurance companies . He also serves as a director for [...]


HealthMarkets Employees and Independent Field Agents Donate More Than $100,000 to Toys for Tots

January 31st, 2009

HealthMarkets, Inc. nnounced that it has completed another successful campaign raising donations for the U.S. Marine Reserve Toys for Tots DFW program (http://www.dfwtoysfortots.com). HealthMarkets employees have been involved with the Toys for Tots program since 1986 and this year donated $107,000 in cash and toys.
HealthMarkets® is the brand name for health insurance products underwritten and [...]


HM Insurance Group Launches Next Generation Worksite Product Line

January 28th, 2009

To better meet the needs of employee benefit brokers and consultants, HM Insurance Group, a Highmark company, has launched its next generation HM Worksite Advantage product line, which features dedicated worksite sales specialists, redesigned products, seamless account administration, targeted enrollment techniques and membership management in a highly coordinated approach for the growing worksite marketplace.
“Employee benefit [...]


CIG Gives Insurance Clients a Bundle of Safety and Security Benefits

January 28th, 2009

Western property and casualty insurer, Capital Insurance Group (CIG), announced today it is partnering with The Protector Network a benefits provider of safety, security and risk-management tools and information — to give CIG policy clients an unprecedented reward program.
The purpose of the program is to provide CIG-insured households and businesses with ways to reduce [...]