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GSIS bares achievements, discounts for PGA shows

STATE pension fund Government Service Insurance System (GSIS) announced it has received a P100,000-monetary incentive from the Anti-Red Tape Authority (Arta) for its exemplary performance under the Arta Report Card Survey (Arta-RCS). A statement the GSIS issued last Wednesday read the pension fund has obtained the highest rating of 92.8…

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Business Support Specialist-Finance at Willis Towers Watson / Insurance Journal Jobs

Business Support Specialist-Finance at Willis Towers Watson / Insurance Journal Jobs
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Insurer Hallmark Financial Explores Splitting Off Its Specialty Commercial Lines Business

Insurer Hallmark Financial Explores Splitting Off Its Specialty Commercial Lines Business Currently the company is comprised of three business segments specialty commercial, standard commercial and personal. The specialty commercial segment represented 75 percent of the company’s gross premium written ( 68 percent of net premium written), through the first nine months of 2020. The segment’s diversified portfolio of products is placed almost exclusively through wholesale brokers, with the vast majority written on an excess and surplus lines basis. An initial evaluation of the potential separate by Hallmark Financial’s board of directors indicates that the action could unlock significant value by segregating the operational structures of its segments.

Jeff passmoreNaveen anandMarke schwarzCraddock strotherOlshan frome woloskyWillis re incRaymond james associates incHallmark financial servicesHallmark financialExecutive chair markRaymond jamesReilly partnersஜெஃப் பாஸ்மோர்நவீன் ஆனந்த்மார்க் ஸ்க்வார்ஸ்கிரட்டொக்க ஸ்ட்ரோதர்

Trading Day: Local SEC filings for 12 17 20 - Richmond BizSense

Trading Day: Local SEC filings for 12.17.20 Bay Banks of Virginia (BAYK) The parent of Virginia Commonwealth Bank filed an amendment to its pending agreement to be acquired by Blue Ridge Bankshares of Charlottesville. The amendment states that, upon completion of the merger, the boards of directors of Blue Ridge and Blue Ridge Bank will be fixed at 15 directors, rather than the 13 that was initially agreed upon. Click here for a full explanation. Brink’s (BCO) The Board of Directors’s compensation and benefits committee approved a one-time restricted stock unit award to the company’s executives. President and CEO Douglas A. Pertz received $2 million. See here for more information.

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