December 8, 2006
Pennsylvania should get out of the medical malpractice insurance business and return the medical malpractice market to the private sector as soon as possible, according to a report. Insurance Commissioner Diane Koken unveiled the Medical Care Availability and Reduction of …
December 8, 2006
Guy Carpenter & Co., Inc., the global risk and reinsurance specialist and part of the Marsh & McLennan Companies, has appointed of Eric “Rick” Johnson as senior vice president. Johnson will focus on continued growth of the firm’s property and …
December 8, 2006
Bermuda-based AXIS Capital Holdings Limited has appointed Sir Andrew Large to its Board of Directors as an independent director. He will serve as a “Class I Director” and will remain on the Board until 2009. The Company’s Board of Directors …
December 8, 2006
A.M. Best Co. has affirmed its Syndicate Ratings of “A” (Excellent) and the issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623 and Lloyd’s Syndicate 623, managed by the Beazley Group. Best also affirmed the ICR of “bbb+” of …
December 8, 2006
A freak tornado struck a section of northwest London on Thursday morning, Dec. 7, tearing the roofs off and causing other damage to as many as 150 homes, wrecking a number of cars and leaving six people injured. Fortunately there …
December 8, 2006
The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during October 2006. The actions include three license revocations, two license denials and fines and restitution totaling $ 34,150. Copies of Geeslin’s orders may …
December 8, 2006
Louisiana lawmakers will debate changes to state insurance laws beginning Dec. 8, but several said there’s little chance of passing major initiatives to address the problems homeowners face in finding and affording policies after last year’s hurricanes. Gov. Kathleen Blanco’s …
December 8, 2006
The West Virginia Office of Miners’ Health, Safety and Training will release its report into January’s fatal Sago Mine explosion on Monday, Director Ron Wooten said. Before releasing the report to the public, Gov. Joe Manchin plans to meet privately …
December 8, 2006
HOUSTON, TEXAS– London American Risk Specialists, Inc. is pleased to announce the immediate launch of an Apartment Property Program endorsed by the National Apartment Association. This program is available in the Continental United States and written by an A.M. Best …
December 7, 2006
John Latham has been promoted to senior vice president in operations, reported Tony Markel, president and chief operating officer of Markel Corp. Latham will work with CEO Markel and executive vice president Paul Springman in the direction of Markel’s worldwide …