Sign In
Free Newsletter
Allianz Partners USA names new COO
Henrico County-based Allianz Partners USA has named Heather McIntyre as chief operations officer USA, the company announced Monday. McIntyre joins Allianz after 20 years with Geico, where she served in multiple management roles, most recently as vice president of customer experience and customer relationship management. She also[...]
Genworth insurance co. settles class action for $25M
Richmond-based Genworth Life & Annuity Insurance Co. has settled a class-action lawsuit with 13,400 insurance policy holders for $25 million. U.S. District Judge David Novak of the Eastern District of Virginia approved the settlement Monday. GLAIC, a subsidiary of Fortune 500 life, mortgage and long-term care insurer Genwort[...]
Choice Financial Group names new president, COO
Virginia Beach-based insurance company Choice Financial Group has named Michael J. Andersen its president and chief operating officer, the company announced Tuesday. Andersen, who has started at his new post, has more than 37 years of experience in the insurance industry, according to a news release. He most recently served as [...]
Hilb Group acquires Vt. insurance agency
Henrico County-based insurance company the Hilb Group LLC announced Thursday it has acquired Vermont-based Paige & Campbell Inc. and its subsidiary the Taylor-Palmer Agency. Financial terms of the transaction were not disclosed. “Paige & Campbell brings a long-standing history of expertise, a reputation of outstand[...]
Atlantic Union reopens corporate offices
John Asbury, president and CEO of Richmond-based Atlantic Union Bankshares, has learned a lot about his employees during the pandemic. Chief among them: Many of them often don’t need to be in the office five days a week to get their work done. But he also knows that some in-office collaboration is key to the […]
Bermuda insurer to establish U.S. HQ in Henrico
Bermuda-based Hamilton Insurance Group Ltd. will invest at least $415,000 to establish the U.S. headquarters of its subsidiary in Henrico County, a project estimated to create more than 70 jobs, Gov. Glenn Youngkin announced Friday. Hamilton’s wholly owned subsidiary, Hamilton Select Insurance Inc., is a commercial insurer tha[...]
Hilb Group acquires N.J. risk management firm
Henrico County-based insurance company The Hilb Group LLC announced Thursday that it has acquired New Jersey-based E.B. Cohen Insurance and Risk Management. Financial terms of the transaction were not disclosed. “E.B. Cohen aligns perfectly with our strategy for growing among industry leaders — bringing a terrific histor[...]
Va. Beach insurance agency taps CFO
Shawn McArdle is Choice Financial Group’s new chief financial officer, the Virginia Beach-based insurance agency announced Wednesday. “Shawn’s ability to provide financial leadership allows Choice’s senior management team to focus on identifying the right partners for the platform,” Choice President Ric[...]
Allianz promotes North American CEO to global position
Henrico County-based travel insurance company Allianz Partners USA has promoted CEO Elena Edwards to chief markets officer at the company’s French parent company, Allianz Partners Group. Jeff Wright, the company’s chief financial officer, is succeeding Edwards as CEO of the U.S. business unit. Edwards will retain her[...]
Reston HR firm acquired by New York insurance broker
New York-based insurance broker and consultant NFP Corp. announced Thursday it had acquired Reston-based Helios HR LLC. Financial terms of the transaction, which closed in January, were not disclosed. “I’m excited to welcome the Helios HR team to NFP,” Ethan Foxman, NFP’s Atlantic region president, said in a statement. �[...]
Watershed moment
Hampton Roads is besieged by hurricanes, nor’easters and full moon tidal surges, but it’s not just coastal Virginia homes and businesses that are threatened by increased flooding. “Climate change is causing the state as a whole to deal with flooding and flood- related issues. It impacts a lot of people throughout the state[...]
Hilb Group founder to lead acquisitions for Virginia Beach firm
Robert “Bob” Hilb will lead mergers and acquisitions at Virginia Beach-based insurance agency Choice Financial Group and continue to serve as a senior adviser and board member, the company announced Wednesday. “Bob’s experience and knowledge assisted my agency in achieving 700% growth from 2018 to 2021,” Richard Braun,[...]
