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In February, at Mr. Patrick's direction, the state's Insurance Division required health insurers to give the state 30 days' notice to review proposed rate increases scheduled to take effect April 1.
Prudential Financial, the No. 2 U.S. life insurer, on Tuesday said quarterly earnings rose, helped by higher insurance division income and rising equity markets.
He has headed the company's lucrative international commercial insurance division.
He was a former chairman of the insurance division of the UJA Federation.
His father retired as the dental director at the life insurance division of Aetna, in Hartford.
I started in product development in the life insurance division and then moved into direct response.
He succeeds Andrew Sawyer, who will serve as president of the insurance division.
Its operations are now part of the Fortis ASR N.V., the insurance division of Fortis.
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Management cited restructuring costs in the company's risk-and-insurance division, as well as lower commissions from falling insurance prices for the earnings miss.
The U.S. Life Insurance division offers and manages a variety of insurance and fixed annuity products.
The RBS Insurance division provides a wide range of general insurance products to consumers through a number of well known brands including Direct Line, Churchill and Privilege.
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