Global broker and risk management specialist Marsh has announced a global restructuring, which will include combining its Asia and Pacific regions. “Through this move Marsh intends that its new Asia Pacific region will deliver significant growth potential, in the next …
The International Insurance Society announced that Orio Giarini, of Switzerland’s Geneva Association and Siegfried Sellitsch of Austria’s Wiener Staedtische have been named to the prestigious Insurance Hall of Fame. They will be honored in Chicago, July 17, 2006, at the …
Integro (Canada) Ltd. announced that Wayne Snow has been appointed Principal for the company’s Toronto office. In this capacity, he will lead and develop Integro’s Construction Practice in Canada. “Snow has 30 years of experience in risk management and commercial …
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and has assigned an issuer credit rating (ICR) of “a-” to New Zealand’s Farmers’ Mutual Insurance Association (FMIA) and its core subsidiary, Farmers’ Mutual Insurance Limited (FMIL). …
American International Group, Inc. announced that it has established AIG Global Marine and Energy, a new division of the AIG property and casualty insurance subsidiaries. “The unit will service the insurance, risk management and loss control needs of marine and …
New York Superintendent of Insurance Howard Mills and Attorney General Eliot Spitzer announced that the insurance department has approved 15 percent rate reductions for title insurance companies that cumulatively have 93 percent of the state’s market share. The new rates …
Integro (Canada) Ltd. announced that Wayne Snow has been appointed principal for the company’s Toronto office. He will lead and develop the company’s Construction Practice in Canada. Snow has 30 years of experience in risk management and commercial insurance, most …
CWI Holdings Inc., the parent organization of CompWest Insurance Co., announced the issuance of $20 million of trust preferred securities in a private placement by CWI Holdings 2006 Statutory Trust I, a Delaware statutory trust that is wholly-owned by the …
A Sutton, Mass. man pleaded guilty to worker’s compensation fraud and larceny over $250 in Worcester Superior Court, according to Attorney General Tom Reilly. Hal Tyree, 51, of Sutton pleaded guilty to one charge each of workers’ compensation fraud and …
Beginning June 30, drug manufacturers will be required by the Food and Drug Administration to provide more concise and better organized patient information package insert sheets. Any drug approved within the last five years will have new requirements implemented gradually …
