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Sedgwick CMS completes acquisition
02 July 2011
Memphis

Sedgwick Claims Management Services, Inc. has completed its purchase of Nationwide Better Health's Productivity Solutions division.

A.M. Best withdraws ratings of Elwood Insurance Limited
26 June 2011
Oldwick

A.M. Best Co. has affirmed the financial strength rating of B++ (Good) and issuer credit rating of "bbb+" of Elwood Insurance Limited. The outlook for both ratings is stable. Concurrently, A.M. Best has withdrawn the ratings at the company's request.

Willis appoints Connolly executive risks practice leader
15 June 2011
New York

Willis North America has appointed John A. Connolly as executive risks practice leader. Since 2009, Connolly has been the co-leader of the practice with Steve Pincus, who will continue to manage Willis' substantial Executive Risks operations in New

Kelly retires, Long promoted
10 June 2011
Boston

Liberty Mutual Group's Edmund F. Kelly, will retire from active management in Liberty Mutual on June 28, 2011, and David H. Long, will become President and Chief Executive Officer......

Keogh appointed chief operating officer
04 June 2011
Zurich

ACE has appointed John Keogh as chief operating officer, responsible for all P&C insurance operations additionally John Lupica has been named chairman, Insurance – North America......

A.M. Best affirms ratings of Park Assurance Company
19 May 2011
Oldwick

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Park Assurance Company(Park) (Burlington, VT). The outlook for both ratings is stable.....

Regulatory restrictions on risk retention groups rejected
12 May 2011
Washington DC

The NRRA reported that Governor Christie sent back to the Assembly legislation that would discriminate against Risk Retention Groups (RRG) and Nevada Insurance Commissioner Barratt rejected a proposal to impose fees on RRGs that would violate.....

NRRA conference to focus on growth issues for risk retention groups
09 May 2011
Washington DC

The 23rd Annual Conference of the National Risk Retention Association, October 5-7 in Washington, will focus on major issues facing the industry as RRGs recover from the impact of the economic downturn, Brian Braley, NRRA Chairman announced.

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