Monthly Archives: <span>October 2007</span>

Benfield Licenses EQECAT’s Quake and Wind Models

EQECAT, Inc., announced that UK-based Benfield has entered into a multiyear renewal agreement to license all of EQECAT’s currently available “WORLDCATenterpriseTM” earthquake and wind models, covering 89 countries. EQECAT said Benfield intends to use the models to assist clients in …

American Safety Expands Bermuda Alternative Risk Solutions

American Safety Insurance Holdings, Ltd. (ASI) announced from its Bermuda office that it has appointed Guy Cloutier to the position of Senior Vice President of Alternative Risk Solutions and Chief Actuary of American Safety Reinsurance, Ltd. in a move to …

Catlin Names Burrows to Board

The Bermuda-based Catlin Group Limited announced from its London office that Tim Burrows, a Catlin underwriting director, will retire at the end of 2007 after more than 36 years in the London insurance market. He will then, subject to regulatory …

Snapshot on Russia Insurance Issued by Research & Markets

Research and Markets announced the addition of “Snapshots Russia Insurance 2007” to their offering as part of the research firm’s “Snapdata” series. Snapdata’s Snapshots Russia Insurance 2007 “provides 2005 year-end market size data, with 2006 estimates, 4 years of historical …

Latest UN Environment Report Describes a ‘Threatened Planet’

The United Nations Environment Program (UNEP) has released its latest detailed report, “Global Environment Outlook: environment for development (GEO-4),” which examines the state of the planet from a number of different aspects. The scientists who put the report together are …

Insurance Australia Group Lowers Fiscal Year 2008 Growth Targets

Insurance Australia Group has revised its guidance for the fiscal year 2008 (IAG’s fiscal year runs from July 1 to June 30). The insurer said it now expects gross written premiums (GWP) to grow between 7 and 9 percent “and …

28 Delaware Municipalities Form Workers’ Compensation Pool

Delaware Insurance Commissioner Matt Denn says local authorities in the state are forming a self-insurance pool that will make workers compensation insurance more affordable for the local governments and taxpayers. Denn says 28 county, city and town governments are on …

Maine Jury Awards $8 Million for Hospital, Midwife Malpractice

A jury in Auburn, Maine last week awarded nearly $8 million to a brain-damaged 5-year-old boy and his mother in their medical malpractice lawsuit against a Lewiston hospital and one of its midwives. The verdict in favor of Sasha Emond …

Western Mass. Diocese, Abuse Victims Near Settlement

Lawyers for the Roman Catholic Diocese of Springfield, Mass., clergy abuse victims and the insurance carriers confirm that the sides have agreed to enter nonbinding settlement talks in a two-year old lawsuit. More than three dozen people have sued the …

InsuranceLeadz.com Announcing the Launch of Leadz University an Interactive Educational Center for Insurance Agents

Columbus, OH – October 29, 2007. InsuranceLeadz.com, is launching, “Leadz University™” an interactive leads educational center for Insurance Agents. Here, insurance agents can discuss their marketing strategy and increase their online marketing success. Insurance agents will be invited to write …