Boston-based AIR Worldwide has issued a bulletin on the earthquake that struck northern Japan on Saturday, June 14 (See IJ web site – https://www.insurancejournal.com/news/international/2008/06/16/91005.htm). The quake struck in a sparsely populated region, about 390 kilometers (243 miles) north of Tokyo. …
Marsh announced the appointment of George Davies to Head its Risk Management Practice in the UK. He will report to Artur Niemczewski, Chief Executive of Multinational within Marsh UK. Davies most recently headed Marsh UK’s Risk Consulting Practice. He called …
The Willis Research Network (WRN), part of Willis Group Holdings Limited, announced that the EUCENTRE in Pavia has joined its network to enhance the quality of the earthquake research and modeling it offers to the international re-insurance industry. Willis described …
A.M. Best Co. has upgraded the financial strength rating to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit rating to “aa+” from “aa” of French government reinsurer Caisse Centrale de Reassurance (CCR), and has assigned stable outlooks to both …
Police said a south Alabama woman admitted to shooting her show horse to death in May, burning a barn with the animal inside and attempting to collect $100,000 in insurance on the horse named Abby. Brenda Gradia, 41, of Flomaton, …
Los Angeles, Ca. LA’s Best Insurance Services acquired Mid-C Insurance Services on May 30th, 2008. Terms of the transaction were not disclosed. Mid-C Insurance was established 50 years ago and specializes in Personal Lines Insurance Coverage’s. Owner Christie Cummings said …
Science and technology are converging with risk management to help insurers negotiate the current hurricane season such that it’s now possible to use short-term hurricane forecasts — as few as 10 days out — to design coverage targeting a specific …
Dear Reader: Every business has a story to tell. For many corporations, small and large, that story ties closely to the personal lives of their founders. Throughout Insurance Journal’s history, we have come to know and appreciate many of the …
Where Regional P/C Insurers Beat Out Nationals … and Where Nationals Outperform Regionals Regional carriers rate better in underwriting experience, relationships and stability as well as in customer service and agency relations than their national competitors in the view of …
U.S. insurers, in an industry awash in excess capital, face a stretch of turbulence that won’t soon abate, according to analysts at a recent Standard & Poor’s Ratings Services conference. “We’re sitting in an environment where we have way too …
