Monthly Archives: <span>February 2006</span>

Specialty Broker Ames & Gough Names Knise President

Specialty broker Ames & Gough announced the election of Dan Knise as its new president and CEO. Knise was elected at the firm’s annual Board meeting after joining the firm as an equity partner in their McLean, Va. headquarters in …

Beazley Unveils Wage and Hour Coverage as Extension to EPL

Specialty lines insurer Beazley reported the availability of coverage for wage and hour claims as an extension of its employment practices liability (EPL) coverage. The wage and hour coverage is available and separately underwritten on Beazley’s stand alone EPL policies …

NTSB Acting Chairman Emphasizes Board’s Role in General Aviation Safety

National Transportation Safety Board Acting Chairman Mark Rosenker this week reiterated the Safety Board’s commitment to the safety of the general aviation community. “Having a safe and efficient aviation transportation network is essential for the commercial viability, economic stability and …

S&P Sees Growth in Spain

In a recent report- “Insurance Industry Risk Analysis: Spain (Kingdom of)” – Standard & Poor’s predicted further growth in the Spanish economy and indicated that the “current relatively low insurance penetration will drive significant growth in both property/casualty (P/C) and …

S&P Affirms Alea Group ‘BBB’ Ratings; Withdrawn at Company Request

Standard & Poor’s Ratings Services announced that it has affirmed its ‘BBB’ long-term counterparty credit and insurer financial strength ratings on all Alea group operating entities: Alea Europe AG, Alea (Bermuda) Ltd., Alea Global Risk Ltd., Alea Jersey Ltd., Alea …

Pair Arrested in Wash. Arson Case

Special agents from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) and Edmonds, Washington police officers have arrested two men for the Dec. 17, 2004, arson of the Gregory Building in Edmonds, and more arrests are anticipated, according to …

Vietnam’s Golden Dragon Award for Aon

A bulletin from Aon Corp. notes that Aon Vietnam was named the winner in the category of “Best Business Style,” as selected by voting and analysis by the Vietnam Economic Times and the Vietnam Ministry of Planning and Investment at …

Glancy to Lead XL Insurance Global Professional Operations

David Duclos, the COO of XL Capital Ltd.’s insurance operations (XL Insurance) announced the appointment of John R. Glancy as Chief Underwriting Officer for XL Insurance’s Global Professional operations. He previously served as COO of its Design Professional unit. Glancy …

Council of Lloyd’s Notes Appointments

At its meeting today, Feb. 15, the Council of Lloyd’s announced the following appointments: – Lord Levene was re-appointed as Chairman of Lloyd’s; – Bronek Masojada, Chief Executive of Hiscox, was re-appointed as Deputy Chairman of Lloyd’s; – Ewen Gilmour, …

Munich Re January Reinsurance Treaty Renewals Show Rate Increases

Munich Re followed Swiss Re’s announcement yesterday (See IJ Web site Feb. 14) with its own upbeat report on the January reinsurance treaty renewal season. The world’s largest reinsurer said that as of Jan. 1 it had “renewed about 66 …