National insurance companies are defending their business practices after being included on a list released by the California Department of Insurance of those refusing a voluntary moratorium on future investments in firms linked to Iran.

Neal Petersen, motivational speaker and author of the book, Journey of a Hope Merchant, will be the keynote speaker at the 2010 NAIFA-Pennsylvania Annual Convention, May 17-18, at Seven Springs Mountain Resort in Champion, Pa.

Henry S. Miller, the chairman, managing director and co-founder of New York-based Miller Buckfire & Co., was recently elected to the board of directors for American International Group.

Two years after joining the Horsham, Pa.-based insurer, Eileen McDonnell has been promoted to president at Penn Mutual Life Insurance Co.

John Leonard, president and chief executive for The MEMIC Group, was recently re-elected by the ACORD board of directors as its 2010 chair and David Findley was also re-elected as the board’s vice-chair.

Noting the company’s diversified business profile, large excess surplus and solid-risk adjusted capitalization, A.M. Best has affirmed the ratings of The Penn Mutual Life Insurance Co. and its Delaware-based subsidiary.

Women generally do not know about the “life benefits” available in a life insurance policy and when told find great appreciation for their ability to help in retirement planning, a new survey suggests.

John Dowd was named regional managing director at Wells Fargo Wealth Management Group for the Northeast Region, including New Jersey and New York.

John Dowd

Dowd will oversee wealth management in …  Read →

Women who plan their financial future and own life insurance increase their self-worth, according to a national survey conducted for Penn Mutual Life Insurance.

Women make up 51% of the population …  Read →

Tracy L. Rich joined The Guardian Life Insurance Company of America in New York, N.Y., as executive vice president, general counsel and corporate secretary.

Tracy L. Rich

Rich has more than …  Read →