American International Group has planned to sell in a public offering the remaining 9,192,662 million shares of common stock of Transatlantic Holdings, owned by its subsidiary American Home Assurance Company (AHAC).
Marsh & McLennan Agency, a subsidiary of insurance broker Marsh, has appointed Lisa Hoffmann as chief information officer to leverage information technology resources across the organization.
Philadelphia Insurance Companies (PHLY) has appointed Christopher Maguire and Sean Sweeney to the position of co-presidents.
Brown & Brown of Washington, a subsidiary of Brown & Brown, has acquired the insurance agency and brokerage business-related assets of DiMartino Associates.
Abacus Insurance Brokers, a distributer of specialty insurance products online, has selected Allianz Global Corporate & Specialty (AGCS) to expand its online personal articles floater (PAF) program.
Heffernan Insurance Brokers has been selected as the sponsored broker of the Software Association of Oregon (SAO) to provide insurance coverage and employee benefits for its members, and give direct access to Heffernan insurance applications from the professional organization's website.
CPS Insurance Services (CPS) has added a new affiliate office to its network of affiliated agencies, which will continue to support their producers’ efforts to find the coverage for client’s situation, including their business with local and regional insurance agents, and the end insurance consumer.
To strengthen its capacity to distribute property and casualty insurance products
Also receives $418.4m in principal and interest on subordinated promissory note connected to the joint venture
To manage team of analysts facilitating the due diligence process for all product types across the NPH network
New parent company incorporated in Ireland
