Federal Insurance Company, a member of the Chubb Group, has applied for a license to operate as an admitted reinsurer in Brazil with a representative office in São Paulo. Chubb Senior Vice-president Herman Weiss, Latin American zone manager for Chubb …
A survey commissioned by Marsh, Mercer and Kroll for their report “M&A Beyond Borders: Opportunities and Risks,” found that multinational companies consider investing in China, India and South East Asia almost as risky as investing in Africa.” Despite those concerns, …
The economy is getting more complex and the marketplace continues to soften. As such, ceativity and innovation in the insurance industry is now necessary and key to long-term success, according to Julie K. Davis, executive vice president for Aon Corp.’s …
San Diego-based ICW Group, a group of insurers, announced it has named Kevin Prior president of its Independence Casualty and Surety (ICS) subsidiary. Prior, whose career at ICW Group spans 18 years, remains president and CEO of ICW Group and …
California has more than a 99 percent chance of having a magnitude 6.7 or larger earthquake within the next 30 years, according scientists with the U.S. Geological Survey. The scientists came to their conclusion after using a new model that …
California Insurance Commissioner Steve Poizner announced that Darrel Ng will serve as associate insurance commissioner for communications and press relations, and press secretary. Ng previously served as deputy secretary for public communications for the California Business, Transportation and Housing Agency. …
Allstate Insurance Co. filed a motion Monday with Florida’s First District Court of Appeal requesting a rehearing of an opinion the court issued on April 4, which lifted a stay of suspension to write new business. The suspension of Allstate …
A long-negotiated patent overhaul bill sought by technology companies and opposed by big pharmaceutical makers is in deep trouble in the U.S. Senate, Democratic and Republican aides said Monday. Big high-tech companies such as Cisco and Hewlett-Packard began pushing for …
The National Hurricane Center will implement a new technique this summer, developed by researchers at the National Center for Atmospheric Research (NCAR) and the Naval Research Laboratory (NRL), to continually monitor landfalling storms in the United States. The system, which …
Chicago-based Hub International Ltd. annouced that Tom Hartley has joined Hub International Arizona (HUB Arizona) as president. Richard Milne, the former HUB Arizona president, has been named chairman of HUB Arizona and will be responsible for strategic merger and acquisition …
