The ACE Group in Zurich, Switzerland announced that Damien Sullivan has been named president and chief executive officer of its Asia Pacific region effective July 1.

Sentencing dates have been set for a former top officer of the ACORD Corp. insurance standards-setting organization and an accomplice who pled guilty to bilking the firm out of more than $1 million.

The Spencer Educational Foundation, Inc., which provides scholarships to students of risk management, said it will hold its second annual fundraising gala Sept. 13, at New York's Waldorf Astoria Hotel.

According to Florida TaxWatch, our state may be "one major hurricane hit away from depending upon Federal relief or facing financial crisis."

New York-based insurance brokerage Integro announced it has hired a former New York Insurance Department deputy superintendent who helped draft the state's controversial disclosure rules, as its chief compliance officer.

The Maryland legislature has rejected legislation that would have imposed an outright ban on the use of credit information in rating automobile insurance.

The California Insurance Department rejects an argument by insurance groups that its rules concerning investments with Iran-linked companies are illegal, a representative for the agency said.

The National Flood Insurance Program was once again allowed to lapse last week, a victim of a feud between the House and Senate over proposed legislative changes.