The Missouri Department of Insurance and New York Life have reached a settlement following an examination into the firm’s life insurance and annuity benefits handling. Missouri will receive $179,916 from New York Life, under a ...
Tags: Insurance, New York Life
New York Life Insurance Company has named Brooke Zrno Grisham as CEO in charge of the Nautilus Group to head a premier team of industry professionals based in Dallas. Grisham, who joined New York Life in 1999 as a senior associate in the ...
Global property and casualty insurer ACE has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial for nearly $690m in cash, after offering a $175m pre-closing dividend to the seller. The definitive ...
Tags: casualty insurer, ABA Seguros
Property and casualty insurer ACE has acquired Fianzas Monterrey in Mexico, a surety lines company, from New York Life Insurance for nearly $293m in cash. Originally inked in September 2012, the transaction was successfully completed ...
New York Life Insurance has appointed John Fleurant as its new executive vice president and chief financial officer (CFO), effective from 1 July 2013. Fleurant will replace current executive vice president and CFO Michael Sproule, who is ...
Tags: Life Insurance, care insurance, insurance
ING US has appointed David Bedard as president of its annuities business segment, a part of ING US Retirement Solutions business that is focused on driving growth and long-term success in the fixed annuity market. Based in ING US Windsor ...
Tags: annuities business, David Bedard, President, annuity market
Property and casualty insurer ACE has inked a definitive agreement to purchase Fianzas Monterrey in Mexico from New York Life Insurance Company for nearly $285m in cash. Commenting on the deal, ACE chairman & chief executive officer Evan ...
Tags: property insurer, casualty insurer, ACE, life insurance, health insurance
Insurance and healthcare firm Max India is likely to offload nearly 5% stake in its life insurance joint venture, Max Life Insurance, with Mitsui Sumitomo Insurance, to long-term foreign financial investors. The move follows the recent ...
Tags: India, insurance, healthcare, life insurance
New York Life Insurance Company has appointed money management executive Gerald Smith as a new member of the company’s board of directors, effective from 1 November 2012. Smith currently serves as chairman and CEO at his co-founded ...
Tags: New York Life Insurance, money management executive, Gerald Smith
New York Life Insurance Company has promoted Michael Secolo as its senior vice president and chief technology officer, who will report to senior vice president and chief information officer Sue Ericksen. In his current role, Secolo will ...
Tags: New York Life, Michael Secolo, senior vice president, insurance
Digital Insurance, an employee benefits-only agency, has acquired First Benefit Partners in Knoxville, Tennessee and will serve its clients' ongoing needs. First Benefit Partners' principal, Matt Noe will join Digital's specialized ...
Tags: Digital Insurance, benefits-only agency, clients'ongoing needs