The Zurich Financial Services Group has opened the Zurich Insurance Company Singapore branch, which becomes operational today, May 5, 2008. It will provide a full scope of insurance services to corporate and commercial customers based in Singapore and across South …
Warren Buffett said Sunday his Berkshire Hathaway Inc. insurance and investment company may be “close” to buying a medium-sized British company and “will look” at Royal Bank of Scotland Plc’s possible divestiture of its insurance unit. Earlier Sunday, the Sunday …
The European Union must be firm in World Trade Organization trade talks despite the global rise in food prices, a German official was quoted as saying on Sunday. “Due to the food crisis, we could face new demands,” Bernd Pfaffenbach, …
The world can reach a significant new climate change pact by the end of 2009 if current talks keep up their momentum, the head of the United Nations climate panel said on Sunday. The United Nations began negotiations on a …
Five regions in Myanmar [formerly Burma] were declared disaster zones Sunday after Tropical Cyclone Nargis smashed hundreds of houses, knocked out electricity and left at least four people dead. [IJ note: later reports now put the death toll at nearly …
Matthew Grant has been appointed group executive of global client development at Risk Management Consulting (RMS). He joined RMS in 1996 and has held a variety of roles in the client development group, including senior vice president for the RMS …
Medicus Insurance Co. named Eugenie Shea is president and chief operating officer. She will also serve as executive vice president of the parent company, Medicus Insurance Holdings Inc. Additionally, Sheldon Davidow has assumed the role of CEO of the medical …
California’s Assembly Insurance Committee has passed Assembly Bill 2956 by a vote of 7-0, moving one step closer to codifying the traditional “totality of the circumstances” test for determining whether an insurance professional is acting as a broker or as …
As the insurance industry moves forward to improve its business performance it must also manage the challenges of a recession. Special challenges for the property/casualty insurance industry in the upcoming year include the inability to meet revenue forecasts, declining operating …
A former Newport Beach, Calif., insurance broker has been sentenced to several years in prison for insurance fraud, according to the California Department of Insurance. CDI stated that Thomas Joseph Doino, 43 pled guilty to 11 felony counts in Orange …
