XL Insurance's Environmental Division Launches Commercial Business Unit to Provide Pollution Insurance to Small and Mid-Size Businesses.
EXTON, Penn., Feb. 2 /PRNewswire-FirstCall/ -- XL Insurance, the global insurance operations of XL Capital Ltd , today announced that its Environmental division has launched a new commercial business unit dedicated to providing pollution coverages to small and mid-size businesses. The new Environmental Commercial Business Unit is...

Teachers Auto Insurance Company of New Jersey Names President.
RED BANK, N.J., Feb. 4 /PRNewswire/ -- Teachers Auto Insurance Company of New Jersey has named Marc V. Buro as President. "I am delighted to announce that Marc Buro has been named President of the Teachers Auto Insurance Company of New Jersey," said Gerry Wilson, Chairman. "This...

Michael Anselmo Joins Narragansett Bay Insurance Company as Chief Information Officer.
PAWTUCKET, R.I., Feb. 17 /PRNewswire/ -- Narragansett Bay Insurance is happy to announce that Michael Anselmo has joined the company's leadership team as Chief Information Officer. An experienced senior technology executive with over 20 years of experience within the insurance industry, he has built technology organizations from the ground-up...

ING Introduces Resource Avenue to Make it Easier for Life Insurance General Agents and Producer Groups.
MINNEAPOLIS, Feb. 2 /PRNewswire/ -- ING Life Companies have introduced a new web-based tool that will put its range of electronic sales support resources on web sites of general agencies and producer groups who promote its life insurance products to their affiliated distributors. Resource Avenue allows general agencies, brokerage...

Palisades Outclasses Other Auto Insurance Companies in Statewide Survey of Claim Services.
BERKELEY HEIGHTS, N.J., Feb. 10 /PRNewswire/ -- A recent survey of New Jersey auto repair shops conducted by USA/DIRECT Inc., an independent research firm, showed there are significant differences in repair quality, speed of repairs, and customer experience when it comes to how well auto insurance companies provide claim...

CAA Expands Rapidly to 38 Members with Western Insurance Agency.
AUSTIN, Texas, Feb. 10 /PRNewswire/ -- Combined Agents of America, LLC (CAA) today announced it has welcomed Tom Boren Insurance Agency, Inc. dba Western Insurance Agency of Copperas Cover, Texas as its 38th member agency. Texas-based CAA is a managing general agency (MGA) committed to strengthening the independent insurance...

Bankruptcy Court Approves Sale Of Title Insurance Companies.
On Wednesday, December 17, 2008, the United States Bankruptcy Court for the Eastern District of Virginia approved the sale by LandAmerica Financial Group, Inc. of all of the issued and outstanding stock of Commonwealth Land Title Insurance Company, Lawyers Title Insurance Corporation and United Capital Title Insurance (collectively the...

John Hancock Launches New Accumulation Universal Life Insurance Product.
- Offers Outstanding Cash Value Potential For Varying Financial Needs - Significantly Improved Short-Pay Premiums - Based on 2001 CSO Mortality Table BOSTON, Feb. 10 /PRNewswire-FirstCall/ -- John Hancock Life Insurance today announced the launch of its new Accumulation UL product, a universal...

Pan-American Assurance Company International Opens South Florida Branch, Marking First Time Offshore Life Insurance Plans Will be Offered in the State by a Cayman Company.
NEW ORLEANS, Feb. 12 /PRNewswire/ -- Pan-American Assurance Company International Inc. (PAACII), a Cayman Islands insurance subsidiary of Pan- American Assurance Company, today announced the opening of a Florida authorized branch in Miami. The company will be the first Cayman Islands Company to offer offshore life insurance plans in...

Pan-American Life Insurance Group Increases Annual Revenues and Operating Earnings in 2008.
Group Transitions to GAAP Financial Reporting NEW ORLEANS, Feb. 17 /PRNewswire/ -- Pan-American Life Insurance Group today announced its financial results for 2008. The company generated revenues of $400 million and pre-tax operating earnings of $25.7 million, representing annual growth of 9% and 17% respectively. ...