Novae Plc has put together a team of specialist property underwriters to handle its new venture into the UK property market. Mike Platt and his team of Darrian Kempster, Barrie Roper and Tim Simpson-Lee have joined the company from Wellington. …
Lloyd’s announced plans to “return to the debt markets with a benchmark issue of Tier 1 perpetual subordinated debt.” The bulletin said the “issue will give greater flexibility and liquidity to Lloyd’s, further strengthen central assets and reduce the cost …
The UK’s Royal & Sun Alliance Insurance Group has signed an agreement to acquire 50 percent of GD II – Global Direct Insurance Investments B.V. (GDI), a joint venture with Direct Insurance Financial Investments Ltd. (DIFI), “to access the fast …
Oman evacuated tens of thousands Wednesday and closed the major port of Sohar northwest of the capital Muscat, as a weakening Cyclone Gonu roared toward the Strait of Hormuz – the world’s major transport artery for Persian Gulf oil. As …
Kan.-based Brooke Franchise Corp., a subsidiary of Brooke Corp., recently announced the election of Kyle L. Garst as its chairman and chief executive officer, and Dane S. Devlin as its president and chief operating officer. Kyle Garst, 37, was most …
Westbrook, Conn. agency Gowrie, Barden & Brett has acquired Customer One Financial of Old Saybrook, an originator of boat and recreational vehicle financing. “The opportunity to offer insurance and finance choices to our clients is something we have been looking …
The Ohio-based Oswald Cos. recenly named David Kramer as vice president and practice leader of the companies’ National Lawyers’ Professional Liability Practice. Kramer will be responsible for general business development and for the management and sales related functions of the …
Firefighters have completely contained a fire in the southern part of Tennessee’s Great Smoky Mountains National Park after it burned 970 acres, park officials announced Monday. Most of the firefighters were allowed to leave the scene near the Abrams Creek …
State Farm Fire & Casualty Co. agreed Monday to settle a Mississippi policyholder’s lawsuit over Hurricane Katrina damage before a jury could be picked to try the case. Terms of the settlement between State Farm and the policyholder, Michael McCoy …
Jackson County officials have put off until at least June 10 a decision on whether to join in a state-backed project to locate cottages in the Mississippi coastal location. The Mississippi Alternative Housing Program has proposed a trial program to …
