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National Brokerage Consortium (NBC) Endorses AgencyWorks

July 14th, 2009

After thorough review of multiple agency management platforms, AgencyWorks receives a formal endorsement from National Brokerage Consortium (NBC) as the common platform of choice for all NBC members.
According to NBC Secretary Pete Caneer, “In world, insurance companies are looking for efficiencies from the national marketing organizations (NMOs) they deal with. If an NMO adopts a [...]


Allstate to Discuss Second Quarter 2009 Earnings With Investors

July 14th, 2009

The Allstate Corporation will conduct a conference call at 9 a.m. Eastern Time (ET) , Aug. 6, 2009 to discuss second quarter 2009 earnings. The company will issue a news release announcing results the day before on Wednesday, Aug. 5, 2009 at or after 4:05 p.m. ET. In addition, the company plans to file [...]


Olympus Managed Health Care Appoints Robert Lavers as Senior Consultant

July 14th, 2009

Olympus Managed Health Care Inc. a leading provider of health care claims administration and cost containment services, announced the appointment of Robert Lavers as Senior Consultant. In this newly created role, Mr. Lavers will have overall responsibility for the firm’s business development and expansion initiatives throughout Asia.
“We are very pleased to have Bob join our [...]


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 [...]


ProAssurance Earns Ward’s 50 Recognition for a Third Consecutive Year

July 10th, 2009

PRNewswire For the third straight year, ProAssurance Corporation has been recognized by The Ward Group as one of the 50 top performing property/casualty insurance companies in America.
The Ward Group identified the best performing property-casualty insurance companies in America by analyzing the financial performance of more than 3,000 insurance companies during the years 2004 to [...]


Fitch Removes Flagstone Re from Rating Watch; Affirms Ratings

July 10th, 2009

Fitch Ratings has affirmed its ratings on Flagstone Reinsurance Holdings, Ltd. and subsidiaries (collectively Flagstone) and removed the ratings from Rating Watch Negative. The Rating Outlook is Stable. (A full list of ratings is included at the end of this release.)
Fitch’s rating actions reflects its view that Flagstone is no longer actively pursuing the [...]


Hughes Insurance Support ‘Redlined’ Newry Motorists Who Are Refused Motor Insurance

July 10th, 2009

Hughes Insurance, the largest independent broker for car insurance in Northern Ireland, has recorded a number of incidents where motorists have had their insurance policy renewal declined by their existing provider. The incidents indicate that certain insurance providers are ‘redlining’ specific areas in Northern Ireland – including Newry.
‘Redlining’ is the practice of denying services, such [...]


David Zwiener Appointed to PartnerRe’s Board of Directors

July 10th, 2009

PartnerRe Ltd.announced that David Zwiener has been appointed to fill a vacancy on its Board of Directors effective July 7, 2009.
Mr. Zwiener, aged 54, is an experienced insurance industry executive. Between 2000 and 2007 Mr. Zwiener was President and Chief Operating Officer of the property and casualty operations at Hartford Financial Services Group Inc. In [...]


Fitch Removes Flagstone Re from Rating Watch; Affirms Ratings

July 10th, 2009

Fitch Ratings has affirmed its ratings on Flagstone Reinsurance Holdings, Ltd. and subsidiaries (collectively Flagstone) and removed the ratings from Rating Watch Negative. The Rating Outlook is Stable. (A full list of ratings is included at the end of this release.)
Fitch’s rating actions reflects its view that Flagstone is no longer actively pursuing the [...]


Universal Insurance Holdings, Inc. Named One of America’s Fastest-Growing Small Public Companies by Fortune Small Business Magazine

July 9th, 2009

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 [...]