Category Archives: Group Insurance
Michael Paulenko Joins Innovation Group’s North America Software Team as VP of Policy Practice
FARMINGTON, CT, Nov 15, 2011 (MARKETWIRE via COMTEX) –The Innovation Group plc (“Innovation Group” or “The Group”), aglobal provider of business process outsourcing (BPO) and softwaresolutions to the insurance, fleet, automotive and propertyindustries, is pleased to announce the appointment of MichaelPaulenko to the position of vice president of Innovation Group’spolicy practice for Insurer Policy in North America.
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Pan-American Life Insurance to acquire MetLife to extend its geographic footprint
IBR Staff Writer Published 10 November 2011
Pan-American Life Insurance Group (PALIG), a provider of life and health insurance in Latin America and the US, has entered into definitive agreement to acquire select businesses and assets from US based insurance firm MetLife, to extend its geographic footprint.
Selective Insurance Group (SIGI) Announces Quarterly Results, Beats Estimates By $0.11 EPS
Selective Insurance Group (SIGI) announced its quarterly results on Wednesday. The company reported ($0.34) earnings per share for the quarter, beating the Thomson Reuters consensus estimate of ($0.45) by $0.11. The company’s quarterly revenue was up 1.1% on a year-over-year basis.
RSA Splits International Unit and Reshuffles Executives
November 11, 2011, 9:38 AM EST
by Kevin Crowley
(Updates with CEO comment in third paragraph.)
Nov. 11 (Bloomberg) — RSA Insurance Group Plc, the U.K.’s biggest non-life insurer, will split its international division and reshuffle its executive team as Chief Executive Officer Simon Lee makes the first changes of his tenure.
Communitech launches new TechLife Benefits and Insurance Program « Communitech
Communitech represents the over 800 tech companies in waterloo region. These companies now have access to an exclusive benefits and insurance program that will help entrepreneurs attract and retain key talent to their growing companies. Manulife, Cowan Insurance Group and Communitech have partnered to design a cost-effective and flexible insurance program to suit the needs of tech companies at all stages of their evolution.
IAG expects claims from Thai floods to cost $50m
Knee deep … floodwaters near Bangkok’s Grand Palace. Photo: AFP
INSURANCE AUSTRALIA GROUP has received about 1500 claims from floods in Thailand that it estimates will cost about $50 million.
IAG operates two businesses in Thailand, which was hit by severe floods in recent weeks.
Dumbaugh Insurance Joins Keystone Insurers Group As 28th Partner In Ohio
NORTHUMBERLAND, PA.–(BUSINESS WIRE)–
Mount Vernon, Ohio-based agency, Dumbaugh Insurance Agency, is now a partner to one of the nation’s largest property and casualty insurance brokers – Keystone Insurers Group. the agency is the 28th franchise partner in Ohio, bringing Keystone’s growth rate to four percent in the state. the announcement was made jointly today by Dumbaugh Insurance President David Dumbaugh and Keystone Ohio State Vice President Angie Engelke.
US officials grant Georgia insurance rule waiver
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ATLANTA (AP) — Health insurers in Georgia have been granted a waiver to a new federal requirement that they spend certain minimums on patient care and quality.
U.S. officials on Tuesday announced Georgia is the eighth state to get such an exemption.
Sihle Insurance Group opens Vero Beach office; seeks top producers, agencies to join the firm
Sihle Insurance Group President Ken Sihle announced that the firm plans significant expansion in Florida and Georgia in the next two years, and is seeking top personal and commercial producers to join the company to execute its growth plans.
