Betsy K. Olson was appointed chief executive officer of the Independent Insurance Agents of Georgia after a unanimous vote of its Board of Directors on July 29, 2015. Olson will take the reins on September 1. “Betsy is intimately familiar …
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Insurance broker Lockton hired Deana Calvelli as vice president of Retirement Services for Lockton’s Northeast region. Calvelli will lead Lockton’s new retirement practice in the Philadelphia office. The practice will advise clients on 401k and other retirement plans. In her …
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SASSI, the Salon and Spa Specialty Insurance agency, has added an additional market for its workers’ compensation insurance program, enabling the agency to write this coverage in additional states. The program is designed to meet the needs of small to …
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Aon’s second quarter earnings report highlights some of the difficulties the re/insurance industry is experiencing. Total revenues from Aon’s combined sector activities decreased by four percent to $2.80 billion from $2.913 billion in Q2, 2014. The percentage decline for the …
The article Aon’s Q2 2015 Earnings Report: Total Revenue -4%; Net income –41% appeared first on Insurance Journal.
Edison International expects a hearing to be held next year on its $7.57 billion damage claim against Mitsubishi Heavy Industries Ltd. over the shutdown of a Southern California nuclear power plant. A confidentiality order in the case, being arbitrated by …
The article Edison Expects 2016 Hearing on $7.57B California Reactor Claim appeared first on Insurance Journal.
Hundreds of residents and businesses in Long Beach, Calif. will be without power until Friday evening, according to reports. Long Beach, a city of nearly half-a-million, was struck by a power outage on Thursday for the second time this month. …
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Gov. Mary Fallin says the federal government has rejected the state’s request for disaster assistance for 19 Oklahoma counties affected by severe weather, flooding and tornadoes in May and June. Fallin said Wednesday the Federal Emergency Management Agency denied the …
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A southern Colorado school district accused of promoting evangelical Christian ideals has reached a settlement with a teacher who filed a lawsuit claiming religious discrimination. Robert Basevitz, who is Jewish, filed a suit in May saying that the Fremont RE-2 …
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MetLife Inc. said its dual roles of offering retirement products and advising customers are threatened by a U.S. Labor Department proposal that was designed to make sure savers’ interests are put first. “Without substantial modifications, the proposal could force companies …
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Arch Capital Group Ltd., headquartered in Bermuda, reported second quarter net income of $110.3 million, or $0.88 per share, compared to $202.5 million, or $1.48 per share, for the 2014 second quarter. Net income available to Arch common shareholders for …
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