Angus Tucker, Director of Insurance Claims Solutions with the UK’s Grant Thornton Forensic and Investigation Services practice, indicated the cost “from Saturday’s fire is likely to be significant, particularly as the market is likely to remain closed for the immediate …
Armed robbers have stolen four art works worth an estimated $100 million, by Claude Monet, Paul Cezanne, Edgar Degas and Vincent van Gogh, from a Zurich museum, Swiss police said Monday. The robbery happened at the Emil Buehrle Collection on …
Wind-whipped wildfires chased churchgoers from worship, forced hundreds of residents to flee homes and closed highways across the rain-starved Carolinas and Virginia on Sunday. Twelve small structures, including at least one business and an unknown number of homes and sheds, …
Aon Risk Services, the retail brokerage and risk management unit of Aon Corp., has added Carlos Oliveras and Tom Roche to the firm’s Boston office, which serves New England. Oliveras, who joined Aon in summer 2006 as a managing director …
Venture Insurance Programs has broadened the property, general liability and automobile coverages of its Preferred Club Program for golf and country clubs. Highlighting the program improvements are property enhancements, including: Increased tree, shrub & plant limits to $5,000 per tree …
The insurer’s auditing probe is a result of judgments on data that could not be modeled, says Jim Cramer of www.thestreet.com in this video interview on Wall Street Confidential. http://www.thestreet.com/video/10402912/cramer-aig-got-cocky.html#10402912
Singer Tom Jones denied a report he bought a $6.8 million insurance policy for his chest hair. The British tabloid, The Daily Mirror, reported the famed singer went to underwriters at Lloyd’s of London with the unusual request and they …
Maryland Insurance Commissioner Ralph S. Tyler today accepted Allstate Insurance Co.’s decision to refuse new homeowners’ policies in coastal areas. Tyler said his agency’s hands were effectively tied from halting Allstate’s plan. “While the result here may be disappointing to …
Giant international insurer American International Group Inc. saw its shares fall 11 percent today on its acknowledgement that it may have incorrectly valued the effect of the ongoing credit crisis in previous reporting. In a Feb. 11 filing with the …
Risk Placement Services, Inc., a national excess and surplus lines wholesaler, announced that it has promoted T.C. Anderson, IV, to underwriter/broker at the company’s office in Scottsdale, Ariz. Since joining RPS in 1994, T.C. has worked in claims, underwriting services …
