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Oklahoma Insurance Claims from May Tornadoes Top 70K

Wed, 19 Jun 2013 16:26:33 +0000

Insurance claims filed in response to a major tornado outbreak in May jumped to 70,782 on June 18, with insurance payments reaching $561,976,781, the Oklahoma Insurance Department announced. The department broke the claims down as follows: May 19 and 20 …

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Texas Coastal Insurance Group Expects Surplus

Wed, 19 Jun 2013 16:23:07 +0000

The nonprofit, state-supervised property insurance agency for coastal Texas counties is expected to shore up its finances by the end of the year, the group told a state House panel on June 17. Pete Gise, who handles The Texas Windstorm …

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CNA Appoints New VP, Corporate Development

Wed, 19 Jun 2013 16:16:57 +0000

Chicago-based CNA Financial Corp. has appointed Derek Smith as vice president of corporate development, in charge of investor relations, rating agency management, capital management, and mergers and acquisitions. Smith comes to CNA from Macquarie Capital Inc., where he served as …

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Heffernan Acquires N.Y.-Based Consuasor Insurance Advisors

Wed, 19 Jun 2013 16:16:06 +0000

Walnut Creek, Calif.-based Heffernan Insurance Brokers recently acquired Consuasor Insurance Advisors in New York. Founded in 2006, Consuasor is a multi-lines middle market broker with offices in New York City and Long Island, New York. Consuasor’s New York City operations …

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