business moves News

Capacity Coverage Affiliate Buys Stake In Tri-Partners Field Claims Services

Capacity Coverage Company of New Jersey, Inc., Fleming & Hall Administrators, Inc. and RCA Insurance Group announced that an affiliate of Capacity Coverage has entered into a strategic investment in Tri-Partners Field Claims Services, LLC. Through this strategic investment, Capacity …

ACE Worldview Provides Multinational Clients Online Access to Claims Information

The ACE Group announced an enhancement of its ACE Worldview portal to provide its multinational clients with online access to claim and detailed loss information for all multinational lines of business. Key features of this enhancement include online display of …

SGI Seeks Input During Review of Auto Injury Program

SGI is seeking input over the next several months from the public and stakeholders in a comprehensive review of its auto injury program. “We want to ensure the injury program is still effectively meeting the needs of Saskatchewan residents,” said …

Safety National Introduces Oklahoma Elect Excess Workers’ Comp Indemnity Policy

Safety National Casualty Corporation, a provider of excess workers’ compensation, treaty reinsurance and large casualty offerings, introduced Oklahoma Elect. Oklahoma Elect is an employers’ excess indemnity policy that provides excess coverage over an occupational injury benefit plan as well as …

GEICO Hiring Auto Damage Adjusters in Phoenix

To keep up with rapid growth, GEICO is planning to add to its ranks of dedicated auto damage adjusters in Phoenix, Ariz. The insurer seeks candidates with excellent customer service and time management skills as well as a strong desire …

Zurich Models Help Identify, Manage Bodily Injury Claims Better

Two of the major cost drivers for bodily injury claims are whether they are litigated and if the claimant requires surgery. Historically, determining whether a claimant is likely to have surgery or is going to litigate a claim occurs after …

Griffith Insurance Education Foundation Moves to Pennsylvania

The Griffith Insurance Education Foundation announced that, as of April 15, 2014, its office will officially relocate from Columbus, Ohio, to Malvern, Pa. In 2012, The Griffith Foundation affiliated with The Institutes, an insurance education provider based in Malvern. By …

Willis Launches Coverage Wrap to Address Uninsured Cargo Losses

In recent years cargo losses worth more than one hundred million dollars have not been recovered under traditional cargo insurance policies due to critical exposures being excluded, warned Willis Group Holdings, the global risk adviser, insurance and reinsurance broker. Heightened …

Cazzolla Retiring From CIG End of 2014

Monterey-based Capital Insurance Group President and Chief Executive Officer Peter Cazzolla announced his retirement effective at the end of this year. The CEO will leave the company after 21 years of dedicated service. During his tenure and under his leadership, …

BTG to Start Insurance Business in Four Latin American Nations

Grupo BTG Pactual SA, the Brazilian lender controlled by billionaire Andre Esteves, plans to start an insurance business in Chile, Peru, Colombia and Mexico. The first step will be to enter Chile’s annuity market, said Alejandro Montero, chief executive officer …