Marsh Inc. has appointed chief operating officers for three of its core business sectors. The executives are: Patricia Hagemann, who has been named COO of the Americas; David Lessing, COO of U.S. Middle Market, and Philip Petronis, COO of Global …
InterResolve, an independent claims resolution specialist, and Aon Limited, the UK division of Chicago-based Aon Corp., announced that they have concluded a partnership “to provide UK corporate businesses with faster and more cost effective resolution of employers’ liability, public liability …
Standard & Poor’s Ratings Services has placed its “A-” long-term counterparty credit and insurer financial strength ratings on Germany’s UNION Versicherungs-AG (Union) on CreditWatch with developing implications, after it announced its planned merger with BA-CA Versicherung AG (BA-CAV; not rated) …
Money talks and $4 trillion talks very loudly. So loud in fact that a number of institutional investors, who manage a total of $4 trillion in assets, hope to get the attention of U.S. lawmakers. Their goal is to convince …
The Association of British Insurers issued a bulletin strongly backing UK government proposals to establish a “National Fraud Authority” to tackle the problem. Plans call for the establishment of a national platform to coordinate a crackdown on the UK’s spiraling …
Ark Syndicate Management opened for business as Lloyd’s newest managing agency. Ark will assume the management of Syndicate 4020 with a 2007 capacity of £114 million ($222 million). The new Syndicate “will underwrite a composite account to include casualty reinsurance, …
Although well aware of the region’s earthquake threat, many San Francisco Bay Area residents are uninformed about another dangerous geologic hazard: landslides triggered by heavy rainfall. According to the U.S. Geological Survey, the combination of steep slopes, weak rocks, and …
Victoria DiMatteo, co-owner of A.A. DiMatteo Insurance Service Center in Shelton, Conn., received the Professional Insurance Agents of Connecticut Inc.’s Professional Agent of the Year award last week during the association’s Annual Convention at Foxwoods Resort Casino in Mashantucket, Conn. …
The Professional Insurance Agents of Connecticut Inc. elected officers during the association’s annual convention last week at Foxwoods Resort Casino in Mashantucket, Conn. Following are the new officers who will lead PIACT in 2007-2008. President: Christopher Wilson, of Bristol. Wilson …
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