June 2, 2008
Bermuda-based PartnerRe has announced the following executive changes in its Global (Non-U.S.) Operations: — Emmanuel Clarke has been named as Head of Specialty Lines, Global, effective Sept. 1, 2008. — He succeeeds Kurt Angst, who will retire in December 2008 …
June 2, 2008
Marsh announced that it has been approved by the Saudi Arabian Monetary Agency (SAMA) to provide full insurance broking and advisory services in Saudi Arabia under the provision of the Insurance Law of 2003. “The company will serve the insurance …
June 2, 2008
The UK’s Chartered Insurance Institute (CII) announced that “a solar oven made from a single piece of reflective plastic won first prize in the CII’s Big Idea competition.” John Tilleman from Brown University picked up the £20,000 ($39,318) prize at …
June 2, 2008
Tornado warning sirens chased lawmakers to the statehouse basement, a semitrailer was blown from a roadway and homes and an airport building were damaged as severe storms battered parts of Illinois and Indiana on late on May 30. Illinois lawmakers, …
June 2, 2008
Dallas-based Bridge Insurance Partners, a national commercial property and casualty agency, announced three executive leadership positions. Jeff Turner was named managing principal, and Tommy Saxon and Ryan Perry have been designated principals. All three formerly held leadership positions in Higginbotham …
June 2, 2008
Ron Peterson, the Oklahoma lawmaker who blocked health insurance mandates after getting thousands of dollars in contributions from insurance companies, is only one of a growing list of Republican House leaders opting to give up their legislative posts. Peterson, R-Broken …
June 2, 2008
A bill that would raise mandatory minimum auto insurance levels stalled in a Senate committee when its chairman declined to break a tie vote. Louisiana law now requires car and truck owners to have “10-20-10” minimum motor vehicle liability coverage: …
June 2, 2008
A federal judge in New Orleans says insurance companies don’t have to tell clients who buy the maximum federal flood insurance about additional coverage available from other companies. U.S. District Judge Patricia Minaldi dismissed the Cameron Parish School Board’s lawsuit …
June 2, 2008
A federal appeals court says people whose houses were destroyed by Hurricane Rita’s wind and floods cannot make insurance companies pay the full value of their policies. The 5th U.S. Circuit Court of Appeal upheld a ruling by a federal …
June 2, 2008
An 18-year-old International Coal Group employee died in West Virginia’s third fatal coal mining accident of the year. State Office of Miners’ Health, Safety and Training spokeswoman Jama Jarrett identified the victim of the May 30 accident as Adam Lanham. …