Nearly 32 years after Vietnam’s communists chased U.S. forces from their soil, the southeast Asian nation joined the capitalist club as the World Trade Organization’s 150th member on Thursday, signaling its emergence as one of the world’s fastest-growing economies. “Welcome, …
The Insurance Bureau of Canada asks the rhetorical question as to whether Canadian drivers are “prepared to give up their cellphones and other distractions while driving?” The IBC noted that “despite the growing body of research that concludes that driving …
At first glance it may not seem a very logical investment for an insurance company, but Germany’s Allianz Group has taken a strong stance in support of renewable energy. So the acquisition of two more wind farms already in operation …
Standard & Poor’s Ratings Services has placed its “BB-” rating on Simply Insurance New Zealand Ltd. (SINZ) on CreditWatch with developing implications. “The CreditWatch placement follows Australia-based GE Money’s (GE Money; not rated) decision to review its overall insurance operations …
Bermuda-based Catlin Group Limited has announced further details on progress relating to the acquisition and integration of Wellington Underwriting plc (See IJ web site Oct. 30, Dec. 19, 2006 and related articles). To finance the acquisition Catlin has priced an …
Kan. Governor Kathleen Sebelius proposed tax cuts for businesses and promised the state will be more aggressive in promoting energy conservation and wind power as she outlined her legislative agenda Wednesday night. And, two days after California Gov. Arnold Schwarzenegger …
St. Louis, Mo.-based Gateway Underwriters Agency has announced that Mary Beth Fox has joined the Agency as president. The company statement said that Fox has over 20 years of experience in the Insurance industry, in both retail and wholesale operations. …
John J. Quinn, principal and chief operating officer for Engle Martin & Associates, Inc., has been named president of the Atlanta-based independent loss adjustment firm. Quinn works in the firm’s second largest hub, the Philadelphia regional office, one of Engle …
Raymond L. Deschene, a 30-year insurance professional, has joined the national wholesale agency The Demetriou Group as branch manager for the New England region. Deschene was vice president of operations for Narragansett Bay Insurance Co., which specialized in personal lines. …
Rhode Island Gov. Donald Carcieri has increased his influence over the operations of the state’s largest workers’ compensation insurer by naming two new board members, a week after one of his business and political associates was named the new president …
