News
White Mountains to Acquire Attorney-In-Fact of Star & Shield Insurance Exchange
White Mountains Insurance Group, Ltd. and Star & Shield Group announced Monday that Star & Shield Holdings LLC had entered into a definitive agreement to sell certain assets and liabilities ...
Milliman to Acquire Pension Actuarial Firm McGinn Actuaries Ltd.
Milliman, Inc. announced on Monday that it is acquiring McGinn Actuaries Ltd., an Anaheim-based consultancy specializing in multiemployer pension plans. The acquisition will enhance Milliman's ...
For nearly four years, Drew Hill has worked alongside Vertafore through our partnership with Mutual Capital Analytics (MCA), helping insurance...
Sedgwick on the Block; $2B Sale Possible: Reuters
Private equity-owned Sedgwick Claims Management Services Inc, one of the largest U.S. providers of claims services, is exploring a sale that could value it at more than $2 billion, according to four ...
Are Drivers Naughty or Nice? State Farm Finds Aggressive Driving at Holiday Time
Will drivers be naughty or nice behind the wheel this holiday season? State Farm and KRC Research conducted an online survey of 1,000 U.S drivers over 18 years old and learned there's room for ...
Ally Financial Allowed to Keep Insurance, Auto Auction Units
Ally Financial Inc., the auto lender majority owned by the U.S. government, won regulatory approval to change its holding-company status, allowing the firm to keep an insurance business and a ...
Biggest Hurdles Yet to Come in Strengthening Global Financial System
"What a week," tweeted European Union financial services chief Michel Barnier last Thursday after securing an agreement on how to wind up failed banks without making the region's taxpayers foot the ...
A.M. Best Cuts Tower Group Rating to B from B++
On Friday, A.M. Best Co. announced that the rating agency has downgraded the financial strength rating (FSR) to B (Fair) from B++ (Good) of the pooled and reinsured members of the Tower US Pool. The ...
Allstate to See $100-$125M Pension Settlement Charge in 4Q
The Allstate Corporation announced Thursday that it expects to report a fourth-quarter 2013 settlement charge of $100 to $125 million, after-tax, related to the annual measurement of its pension ...