News

The Valen Technologies firm, a provider for the insurance industry, said it has named Jim Haley chief marketing officer.

The Independent Insurance Agents & Brokers of America said four chief executives from leading independent insurance agent carriers will join this year's CEO panel during the association's annual Legislative Conference & Convention.

Federal Reserve Board Chairman Ben Bernanke defended his agency's actions in bailing out American International Group and asked the Government Accountability Office to conduct a study of its decisions involving AIG.

Specialty insurance brokerage Alliant Insurance Services said it has acquired Almond Valley Insurance (AVI) Services Inc., a regional employee benefits firm based in Chico, Calif. Financial terms were not released.

Revising its estimate upward, Eqecat catastrophe modeling firm said it now estimates economic damage from Tuesday's earthquake in Haiti to be in the low-single-digit billions of dollars.

A property and casualty insurance industry initiative has been launched nationwide to increase independent insurance agencies' use of the real time system.