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Latest Headlines
Keystone Insurers Group (KIG) has continued its expansion in Kentucky with the addition of five new franchises Hayes-Utley-Hedgspeth, Moore Insurance, Cambridge Insurance, Wooten Insurance and Johnson-Pohlmann companies.
Claims management provider Crawford & Company has reported consolidated revenues before reimbursements of $238.4m in the fourth quarter of 2009, a decrease of 9% compared to $262.9m in the same period last year, due to lower revenues in the US property and casualty, broadspire, and international operations segments and the negative effect of foreign currency changes.
AIG Appoints New Executive VP To Oversee Finance, Risk
American International Group has appointed Peter Hancock as executive vice president for finance, risk, and investments, who will oversee finance, audit, investments, risk, strategic planning, and AIG Financial Products Corp.
Chartwell Opens New Office In Alpharetta
Chartwell Independent Insurance Brokers has opened a new office in Alpharetta, Georgia, for strategic growth and expansion in the southeast and work with independent agents and brokers to place commercial and habitational property risks such as catastrophe risks with the excess and surplus lines markets.
Indiana Farm Bureau Insurance Selects Thunderhead For System Modernization
As part of its system modernization initiative Indiana Farm Bureau Insurance has selected Thunderhead Now, which is expected to bring in efficiency and customer satisfaction through system integration, personalization and multi-channel delivery.
Aon Q4 total revenue up 9% to $2.1bn
Aon has reported total revenue of $2.1bn, an increase of 9% compared to the same period last year, due to a 6% increase from foreign currency translation and a 5% increase from acquisitions, net of dispositions, partially offset by a $24m or 63% decline in investment income.
Great-West Life Signs Agreement With Telus To Offer eClaims Exchange Service
Great-West Life, a group benefits provider, has signed an agreement with Telus Health Solutions for the development and implementation of the national eClaims exchange service for extended healthcare providers across Canada.
LexisNexis Selects FirstBest Technology To Power New Insurance Exchange
LexisNexis Risk Solutions has selected FirstBest Systems, a provider of insurance software solutions for commercial lines insurers, as the core technology partner for its newly announced insurance exchange.
Pension Insurance To Insure Liberty International Group Retirement Benefit Scheme
Pension Insurance, a provider of risk management offerings to defined benefit pension funds, said that it will insure the Liberty International group retirement benefit scheme.
Aon Consulting Appoints New VP, Director For Northeast Region
Aon Consulting has appointed Tammy Mattson as the executive vice president and director of the Northeast Region. She will foster collaboration across all practices and geographies to deliver value to new and existing clients.
Manulife Introduces New Whole Life Insurance Offering
Manulife has launched La Vie, a whole life insurance offering that provides savings and life protection under different economic conditions and customer life stages. It comes with shorter-term payment options, guaranteed income throughout one’s lifetime and long-term wealth building potential.
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