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ProAssurance to buy American Physicians Service

ProAssurance, a specialty writer of medical professional liability insurance, has entered into an agreement to acquire all the outstanding shares of American Physicians Service Group (APS) in an all-cash transaction.

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Presidential names new chief actuary of insurance subsidiary

Presidential Life has named Duncan Szeto as the new chief actuary of its operating subsidiary Presidential Life Insurance Company.

Regions to offer insurance products through bank branches

Regions Insurance Group, a part of Regions Financial, is planning to roll out insurance products offerings through its Regions Bank branches to additional states.

Cigna acquires Vanbreda International

Cigna, a US-based provider of group life, accident and disability insurance, has acquired Belgium-based Vanbreda International, to further accelerate its expatriate benefits business.

MEM selects Guidewire policy administration, billing solutions

Missouri Employers Mutual Insurance (MEM) has selected Gudiewire's PolicyCenter as its new policy administration and underwriting solution, and BillingCenter as its new billing system.

Aegon repays €500m to Dutch State

Netherlands-based insurer Aegon has repaid €500m, plus interest, to the Dutch State for the support it has received in 2008.

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