Business / finance insurance news stories


Business / finance insurance news stories

Coral Gables group buys Gibraltar Private Bank for $93M (source: Biz Journal)
September 17, 2009 at 6:27 pm

Boston Private Financial Holdings has sold its Coral Gables-based Gibraltar Private Bank & Trust to a group of private investors that includes CEO Steven D. Hayworth, who founded the institution. (BPFH) (source: Biz Journal)

Larry King Live features Susan Jacobs of Wheels of Success (source: Biz Journal)
September 17, 2009 at 6:27 pm

Susan Jacobs, founder and chief executive officer of Wheels of Success in Tampa, is appearing live via satellite on Larry King Live on CNN at 9 p.m. Thursday. (source: Biz Journal)

Albuquerque woman indicted on forgery, embezzlement (source: Biz Journal)
September 17, 2009 at 6:27 pm

The New Mexico Taxation and Revenue Department said an Albuquerque woman has been indicted on 129 counts of fraudulent use of credit cards, forgery, fraud, embezzlement and attempted tax evasion. (source: Biz Journal)

Pitts Named Florida Compensation Judge (source: Insurancejournal.com)
September 17, 2009 at 3:28 pm

Florida Gov. Charlie Crist has appointed Neal P. Pitts of Orlando as judge of Compensation Claims, succeeding Ivy Cream Harris in the Jacksonville district. Pitts, 55, has been a sole ... (source: Insurancejournal.com)

Residential Water, Electrical, Sewer Lines Covered By Hartford Steam Insurance (source: Insurancejournal.com)
September 17, 2009 at 2:39 pm

Hartford Steam Boiler Inspection and Insurance Co. (HSB) is offering a new service line coverage, which can pay to repair underground outdoor water, sewer and electrical service lines that fail ... (source: Insurancejournal.com)

Navistar, Caterpillar formalize global truck joint venture (source: Topix.net)
September 17, 2009 at 1:36 pm

By Successful Dealer Staff Navistar International Corp. and Caterpillar Inc. announced the closing of a joint-venture transaction resulting in a new company, NC2 Global LLC, to serve the global commercial truck market. (source: Topix.net)

Milton Jones to join distressed asset firm (source: Biz Journal)
September 17, 2009 at 1:36 pm

Milton Jones has found his new gig. (source: Biz Journal)

Security Financial agrees to make operating improvements (source: Biz Journal)
September 17, 2009 at 1:36 pm

Security Financial Services Corp., the holding company for Security Financial Bank in Durand, must meet financial performance and reporting guidelines and maintain sufficient capital under an agreement reached with the Federal Reserve Board and the Wiscons... (source: Biz Journal)

Equity Risk Partners Launches New Infrastructure, Privatization Group (source: Insurancejournal.com)
September 17, 2009 at 12:50 pm

Equity Risk Partners (ERP) has launched a new practice unit -- the Infrastructure and Privatization Group. ERP, a full service insurance brokerage and risk management consulting firm, based in ... (source: Insurancejournal.com)

Whelan Joins Hartford as VP of Commercial, Financial Risks (source: Insurancejournal.com)
September 17, 2009 at 12:30 pm

Stephen Whelan has been named vice president of commercial and financial risks for the The Hartford Financial Services Group's Hartford Financial Products (HFP) division. Whelan will report to ... (source: Insurancejournal.com)

Massachusetts Allows Public to Verify Workers' Comp Coverage (source: Insurancejournal.com)
September 17, 2009 at 12:13 pm

Massachusetts has introduced a new Web site that allows anyone to see if a business has workers' compensation insurance. The Web site, which was launched by the Executive Office of Labor and ... (source: Insurancejournal.com)

Ratings Recap: Grupo Nacional, BEST RE, Triple-S, Arab Re, Int'l. Energy, Asian Re (source: Insurancejournal.com)
September 17, 2009 at 11:55 am

A. M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of 'A' (Excellent) and issuer credit rating of "a" of Mexico's Grupo Nacional Provincial, ... (source: Insurancejournal.com)

Challenges of Insurance Companies (source: E-Zine)
September 17, 2009 at 11:47 am

Every business has risks but insurance companies do get a bigger share of these unwanted possibilities. Anyone who's had to be screened for a policy knows that specific criteria are used in determining the chances of being approved or the actual price of... (source: E-Zine)

Report: AIG Rebuffs CEO Benmosche's Request for Private Jet (source: Insurancejournal.com)
September 17, 2009 at 7:45 am

Bailed-out insurer AIG told its new chief executive Robert Benmosche that he could not use the company-owned jet for his personal use, Bloomberg News reported. Citing unnamed sources, Bloomberg ... (source: Insurancejournal.com)

AIR Tracking 'Super Typhoon' Choi-Wan, a Category 5 Storm (source: Insurancejournal.com)
September 17, 2009 at 6:33 am

According to catastrophe risk modeling firm AIR Worldwide, tropical cyclone Choi-Wan, currently raging in the Pacific Ocean, is a Category 5 storm, or "super typhoon," with wind speeds reaching ... (source: Insurancejournal.com)

Lloyd's Insurer Jubilee Launches New Brand Consolidation Plan (source: Insurancejournal.com)
September 17, 2009 at 6:29 am

The specialist Lloyd's insurer Jubilee Managing Agency Limited announced the launch of a new brand across its operations, which it said reflects "the company's strategic plans to expand and grow ... (source: Insurancejournal.com)

Aetna CEO sees support lacking for public plan (source: Topix.net)
September 17, 2009 at 6:25 am

Support is lacking, particularly in the U.S. Senate, for a government-run health plan that would compete in the private marketplace, the chief executive of health insurer Aetna Inc said on Tuesday. (source: Topix.net)

Hurst benefit supper collects close to $3,500 (source: Topix.net)
September 17, 2009 at 2:13 am

A fundraiser chili and chicken noodle soup supper for Thane Hurst was a success Friday evening at Hillsboro Scout House. (source: Topix.net)

Widow and Widower's Benefits (source: E-Zine)
September 16, 2009 at 10:50 pm

This article discusses the benefits a widow or widower may be able to claim from the Social Security Administration. They may be able to request survivor's benefits, or if they suffer from disability, may be able to request compensation under their spouse'... (source: E-Zine)



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