Randall&Quilter(R&Q)has signed an agreement to purchase the entire issued share capital of Alma Insurance Company,subject to change of control approval by the FSA. Under the terms of the accord,R&Q will pay 4.4m($7.05m)in cash for Alma ...
Tags: Alma Insurance, Randall&Quilter, R&Q
PICO Holdings has sold its two insurance company subsidiaries,Ohio-based Physicians Insurance Company and Citation Insurance Company to White Mountains Solutions Holding Company(White Mountains Solutions). The transaction resulted in ...
Tags: PICO, Two Insurance Subsidiaries
Canada-based The Empire Life Insurance Company(Empire Life)has introduced a new electronic claims(eClaims)service to simplify claims submission process for its group insurance customers. Using the new eClaims service,plan members will be ...
Transamerica's Life&Protection(L&P)Division has promoted Michael Babikian to president and CEO of its Brokerage distribution unit,who will replace Marty Flewellen. Prior to being promoted,he previously held the position of Executive vice ...
Tags: Michael Babikian, Marty Flewellen, Transamerica's Life&Protection
South Africa's independent insurer Hollard Insurance has introduced a new ClaimsCard,designed to enable claimants and the insurance company to make claims payment process easily. Launched in collaboration with MasterCard ...
Tags: Hollard Insurance
India International Insurance(III),the Singapore-based joint venture of India's five state-owned insurance companies,is planning to further expand its geographical footprint in Asia. III director N.S.R.Chandraprasad was quoted by Press ...
CNinsure's board has appointed Yunxiang Tang as independent director of the Board following the resignation and end of his tenure from the Board. Tang has over 40 years of experience in business operation and management and held services ...
Tags: CN insure, Yunxiang Tang, PICC Property and Casualty Company
The California Insurance Guarantee Association(CIGA)has appointed EMPLOYERS'senior vice president and chief claims officer Stephen Festa as chairman of the Board of Governors. Most recently,Festa served as the CIGA board's vice chair. ...
Ohio-based Great American Insurance(GAIC)has appointed Casey Connor as the new divisional vice president of marketing for its Specialty Human Services Division. According to the company,Connor will be responsible for coordinating overall ...
Concordis Group,a provider of business insurance services,is currently in the process of signing a letter of intent to procure an undisclosed domestic insurance company. As previously announced on 4 October 2012,Concordis Group CEO ...
Tags: Concordis, Domestic Insurance
HM Revenue & Customs' Phil Pavitt will step down from his role as CIO in January to take up a new role at insurance group Aviva. Deputy CIO Mark Hall has taken on the CIO role at HMRC, but Pavitt will remain with the department until ...
Tags: Aviva, Phil Pavitt, HMRC, Bill McCluggage
As you travel this Thanksgiving weekend, bear in mind that turkeys aren't the only animals on the run. November is the highest month for deer collisions--more than three times as common compared to August, which is the lowest month for ...
Tags: Deer Crashes, deer collisions, claims for animal strikes
Sun Life Financial(SLF)has inked a definitive agreement to dispose of its domestic US annuity and certain life insurance businesses for$1.35bn to Delaware Life,a company owned by shareholders of Guggenheim Partners. The transaction ...
Tags: service, Sun Life Financial, transaction
If you find your car has been damaged, flooded, or are otherwise rendered inoperable by Superstorm Sandy, there are steps that need to be taken immediately. Assess the damage. If the car is parked in a flooded situation, or stalled in ...
Tags: Superstorm, claim process, electrical system, car safety
US Securities and Exchange Commission (SEC) has charged Michael Van Gilder, the CEO of Van Gilder Insurance Company over his alleged role in insider trading during the stake acquisition of Delta Petroleum by Tracinda. The market watch dog ...
Tags: SEC, charged, insurance, insider trading, purchase