Three more foreign reinsurers--all based in Bermuda--have reached agreements with the Florida Office of Insurance Regulation to participate in the state's insurance market under modified regulatory terms.

The acquisition is part of Arrowhead's strategic focus on the expansion of its program management franchise into specialty lines of business.

The agreement was settled on Nov. 1 and the transaction is expected to be completed by the end of the year.

Expanded U.S. federal regulatory powers put industry on defense.

SIAA announced 36 new member agencies in October, bringing the year-to-date total to 357 new agencies.

Sorenson will be responsible for setting strategy for Subguard, Zurich's proprietary solution to subcontractor default risk.

DeValcourt has been appointed senior vice president, international client advocate, Willis Risk Solutions and is based in Atlanta, Ga.

president, Puckett will utilize her keen insight and respected leadership style to further Alper's enterprise-wide growth and retain the company's high level of client and employee satisfaction.