Clear Choice Health Plans, announced it has acquired privately-owned Trusteed Plans Service Corporation (TPSC), a Tacoma, Wash.-based third party administrator (TPA) of employee benefits plans that operates in six Western states—Alaska, Washington, Oregon, Nevada, Idaho and Montana. Terms of the transaction were not disclosed.
TPSC will retain its name and management team and operate as a [...]
Endurance Specialty Holdings Ltd. a Bermuda-based provider of property and casualty insurance and reinsurance, today announced that Kenneth J. LeStrange, Chairman, President and Chief Executive Officer, is scheduled to present at the JP Morgan SMid Cap Conference in New York. The presentation will take place on December 4, 2008 at 3:45 P.M. Eastern Time.
A live [...]
HCC Insurance Holdings, Inc. announced that Thomas M. Hamilton, 65, has been elected as an independent member of the Company’s Board of Directors.
`As a former CEO and a member of multiple Boards of Directors, we feel that Tom Hamilton will bring a wealth of knowledge to HCC. We are very pleased to welcome him [...]
Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based provider of property and casualty insurance and reinsurance, today announced that its Board of Directors declared a quarterly dividend of $0.25 per ordinary share and $0.484375 per share payable on its 7.75% Non-Cumulative Preferred Shares, Series A. The dividend on Endurance’s outstanding ordinary shares will be payable on [...]
Portico Systems, the leader in Integrated Provider Management (IPM) solutions, announced today that Ned Moore, chief executive officer and co-founder, has been named “Technology CEO of the Year” by the Eastern Technology Council at the 16th Annual Enterprise Awards. The Enterprise Awards honor the most outstanding technology and life sciences companies in the Philadelphia region.
The [...]
Argo Group International Holdings, Ltd. an international underwriter of specialty insurance and reinsurance products in niche areas of the property and casualty market, announced today it is participating in the FBR Capital Markets 2008 Fall Investor Conference being held Dec. 2-3, 2008 at the Grand Hyatt New York.
Argo Group Chief Executive Officer Mark E. Watson [...]
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a- of Bison Insurance Company Limited (Bison) (Hamilton HM 11, Bermuda). The outlook for both ratings is stable.
The ratings reflect Bison’s historically adequate capitalization, generally favorable operating performance, conservative reserve levels and effective management of its catastrophe exposures. [...]
Argo Group International Holdings, Ltd. an international underwriter of specialty insurance and reinsurance products in niche areas of the property and casualty market, announced today it is participating in the Fox-Pitt, Kelton Cochran Caronia Waller 2008 Financial Services Conference being held Nov. 19-21 at The Ritz-Carlton in Key Biscayne, Fla.
Argo Group Chief Executive Officer [...]
Kingsway Financial Services Inc. announced that the operations of Southern United Fire Insurance Company (Southern United), based in Mobile, Alabama, will be consolidated with Hamilton Risk Management (Hamilton Risk), its subsidiary based in Miami, Florida. This is a further step in Kingsway’s strategic plan to ensure that synergies, cost reduction and operational efficiencies are achieved [...]
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of American Safety Insurance Group (ASI). A.M. Best also has affirmed the ICR of “bbb” of ASI’s parent company, American Safety Insurance Holdings Ltd (both of Hamilton, Bermuda) The outlook for all ratings is stable.
The [...]
