The Chartered Property Casualty Underwriter Society is hosting a Contractual Risk Transfer workshop in Pasadena, Calif., on April 20, 2006. The workshop will feature Donald S. Malecki, a principal at Malecki, Deimling, Nielander & Associates LLC based in Erlanger, Ky., …
Acordia, Inc., a Wells Fargo Company, has promoted Eva Durkin to the position of vice president of client services. Durkin previously served as assistant vice president for Acordia’s Boston branch. In addition to her account management responsibilities for a book …
Pennsylvania Attorney General Tom Corbett announced that a Pennsylvania business will refund consumers, pay fines and get out of the health care business following claims that it used deceptive marketing tactics to lure senior citizens into purchasing prescription drug assistance …
New York’s homeowners insurance market is either strong, stable or fragile depending upon whether the speaker is an agent or an insurer. Also, Allstate Insurance Co.’s decision to limit its business in eight counties in the state is either a …
Bermuda-based Platinum Underwriters Holdings, Ltd. has reported a net loss to common shareholders of $103.3 million, or $1.94 per basic common share, for the quarter ended December 31, 2005 and a net loss of $138.2 million, or $3.01 per basic …
Flagstone Reinsurance Holdings Limited announced that it has completed its initial capitalization of more than $715 million through a private placement of its equity securities. The bulletin notes that Flagstone Re “was formed in response to the significant market dislocation …
Bermuda-based Quanta Capital Holdings Ltd. announced the appointment of Roland C. Baker and Robert B. Shapiro to its Board of Directors and to its Audit Committee. Baker was also appointed to the Compensation Committee and Shapiro was also appointed to …
Swiss Re announced that its shareholders have approved the creation of additional equity capital related to the financing of the GE Insurance Solutions acquisition at an Extraordinary General Meeting, held yesterday, Feb. 27. In addition the shareholders elected John R. …
Newark, Calif.-based Risk Management Solutions (RMS), a leading provider of products and services for the management of natural hazard risk, announced the release of new version of its weather derivatives trading and risk management system. “Climetrix 5.0 introduces a capability …
Zurich-based Converium announced the completion of an extensive review and a restatement of prior year financial statements ahead of its 2005 earnings release scheduled for March 15. It also released final figures for the third quarter and first 9 months …
