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The financial security company intends to use the borrowings, along with other sources of liquidity, for the repayment of outstanding holding company debt.

Former Montana Governor will step down as association head in February.

Senator proposes mandatory coverage for individuals.

SMH Capital served as sole placement agent and financial advisor for the formation, structuring and initial funding of WRM America Holdings, a specialty line property/casualty insurance holding company.

Known then as the Associated Hospital Service of Philadelphia, the organization opened its doors Nov. 7, 1938, under the leadership of E. A. Van Steenwyk.

Conseco expects to record accounting charges of approximately $1.1 billion related to the transaction.

Anthem Blue Cross and Blue Shield in Connecticut is ranked seventh in the nation out of 287 health insurance plans, according to the Nov. 17, 2008, issue of U.S. News & World Report NCQA America's Best Health Plans 2008-09.

As an appointed agency, Solomon can sell Chubb’s Masterpiece line of personal insurance products to its clients.

The total approved payout for 2009 reflects a dividend interest rate of 7.6% on new eligible participating life insurance policies.

International Data Corp. says the worldwide business rule management systems (BRMS) market enjoyed healthy growth, with revenues increasing 11.4% from 2006 to 2007.

Hartford Financial Services Group Inc., Genworth Financial Inc., Lincoln National Corp. and Aegon NV asked the Office of Thrift Supervision for permission to acquire an existing savings and loan, according to reports.

Approximately $500 million in earned but deferred pay will be distributed in the first quarter of 2009.

Bruce Anderson joins Wells Fargo Insurance Services from Marsh Risk and Insurance Service’s San Francisco office, where he was most recently SVP and client executive.

M. Jeffrey Charney has been tapped as the Columbus, Ga.-based insurer's SVP and chief marketing officer, while Ronald Sanders will assume the role of SVP and deputy director of sales.

In his new role, Donald Allard will oversee Select Professional's E&O insurance business for small and mid-size professional service firms.

The results reveal stark differences in how men and women regard traffic laws.

At a hearing with four execs representing major financial companies yesterday, lawmakers offered little protest when they received only general answers about how the recent injection federal capital was to be used.

A panel discussion at Innovation World 2008 reveals that establishing a common language and metrics is key to the alignment of business and technology.

American Banker and Financial Insights announced this year's list, highlighting a change in the No. 1 position, and a decided international presence being among the noteworthy differences from last year.

Dennis Dammerman is currently chairman of the board of directors of Discover Financial Services.