January 25, 2008
The Massachusetts House has approved a bill banning drivers from talking or texting on cell phones while behind the wheel, despite opposition from a lawmaker from a city where authorities say a man sending a message struck and killed a …
January 25, 2008
New Hampshire is debating making it illegal for drivers to send text messages on cell phones or type on laptop computers. You still could talk on a cell phone while driving. Assistant Safety Commissioner Earl Sweeney told a House committee …
January 25, 2008
Florida-based insurance agency Brown & Brown has acquired LDP Consulting group, Inc., of New Jersey. LDP Consulting Group, with annualized revenues of approximately $12.8 million, specializes in selling employee benefits, with a target market of school districts throughout the Garden …
January 25, 2008
The recent “incident” at London’s Heathrow Airport (a British Airways Boeing 777 lost power just before landing and nearly crashed injuring several passengers) is not going to cause any significant rise in aviation premiums. According to a bulletin on the …
January 25, 2008
Bermuda-based PartnerRe Ltd. announced that during the January 1 renewal season it expects to write and bind approximately $2.0 billion of Non-Life premium. The figure ” does not include PartnerRe’s Non-Life facultative business or PartnerRe’s Life operations as renewal dates …
January 25, 2008
In a letter addressed to the shareholders, employees and other stakeholders of Max Capital Group Ltd. W. Marston (Marty) Becker, Chairman and CEO, offered a detailed review of the Group’s financial position. In discussing Max Capital’ s performance and progress …
January 25, 2008
Guy Carpenter & Company has named Nick Frankland, Andrew Marcell and Ryan Ogaard to its Executive Committee. The Committee is “responsible for developing the firm’s strategic plan, setting budgets, prioritizing investments and interacting with the leadership of Marsh & McLennan …
January 25, 2008
In a preliminary earnings announcement Germany’s Allianz SE said it expects net income for 2007 to be around €8 billion ($11.7886 billion) and operating profits of more than €10.8 billion ($15.9 billion), confirming the Group’s earlier forecasts. Allianz will officially …
January 25, 2008
A newly released statement by the world’s largest scientific society of Earth and space scientists – the American Geophysical Union (AGU) – warns that “the Earth’s climate is now clearly out of balance and is warming.” The statement updates the …
January 25, 2008
NSM Insurance Group in Conshohocken, Pa. has acquired the Pavement Maintenance Insurance Agency (PMI), program administrator for the Clean Streets Program. Scott Cerosky, president of PMI, has assumed the role of director of the Clean Streets Program. The Clean Streets …