February 20, 2008
The slipcases at Lloyd’s are slowly going the way of the buggy whip. In a recent announcement the Market Reform Group (MRG) published details of the arrangements which, it said, “will see the end of paper processing for accounting and …
February 20, 2008
Swiss Re announced that it will become an admitted reinsurer in Brazil with a representative office in São Paulo. The world’s largest reinsurer joins Lloyd’s and Munich Re in accessing the Brazilian market following regulatory changes that did away with …
February 20, 2008
According to a recently conducted survey of 138 underwriters, Lloyd’s found that the instability of global financial markets is the single factor that will have the most impact on the insurance industry during 2008. Lloyd’s annual underwriters survey asked the …
February 20, 2008
A Putnam County, W. Va. man pleaded guilty to one felony count of insurance fraud for his involvement in disposing of his wife’s minivan by pushing it over a hill on Poplar Fork Road in January of 2007 according to …
February 20, 2008
Midlands Management Corporation announced that Richard Jonathan Bird has joined the company as executive vice president and chief operating officer. Bird reports to Midlands’ President and Chief Executive Officer Charles C. Caldwell and is assisting in leading all aspects of …
February 20, 2008
Ill.-based Arthur J. Gallagher & Co. announced that its subsidiary, Risk Placement Services Inc., acquired Leicht General Agency, headquartered in Houston. Terms of the transaction were not disclosed. Established in 1992, Leicht General Agency is a wholesale insurance broker and …
February 20, 2008
San Diego, CA, 02/20/2008 – ARROWHEAD General Insurance Agency, Inc. announced today that Richard S. Rohde, president of Arrowhead’s Commercial Auto, Specialty Contractors and Surety Programs, is retiring from the company effective June 30, 2008. The company had previously appointed …
February 20, 2008
The Centers for Disease Control and Prevention plan to hold seven public meetings in south Louisiana to talk with residents about the findings of dangerous levels of formaldehyde fumes in many occupied FEMA trailers. The CDC said fumes from 519 …
February 20, 2008
The Texas Department of Insurance has approved Texas Mutual Insurance Company’s request to expand its workers’ compensation health care network service area, the Austin-based insurer announced. This latest expansion includes counties in the Lubbock and San Antonio areas. The expansion …
February 19, 2008
Insurance Journal is polling insurance agents and brokers nationwide in its annual quest to find out who’s worth what in the independent agency system. Nearly 1,000 agencies nationwide have already responded to IJ’s exclusive Agency Salary Survey. The survey results …