Marsh has announced the promotion of Sanjay Kedia to CEO and Country Manager for Marsh India Insurance Brokers Private Limited (Marsh India). He takes over from Jonathan Bitcheno, who has retired to his native New Zealand after nearly 30 years …
A new global trade deal is still possible by the end of this year despite last month’s collapse of talks, said Pascal Lamy, the World Trade Organization’s director general on Tuesday. Talks on a pact ended in July after the …
A.M. Best Co. has commented that the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of new Zealand’s Tower Insurance Limited “remain unchanged as a result of the recent announcement of the discontinuance of …
Manhasset, New York-based program manager NIF Group Inc. promoted Nancy G. Williams to vice president of marketing and sales. In this expanded role, Williams will work with senior staff in the implementation and execution of the company’s brokerage operation sales …
The Pennsylvania Insurance Department said it assessed nearly $600,000 in penalties last quarter to entities and individuals found guilty of violating insurance laws. Those fines stem from 35 enforcement actions and 17 market conduct exams completed during the quarter. “Insurance …
The New York-based Navigators Group announced that its principal insurance company subsidiary, Navigators Insurance Company, has received regulatory approval to underwrite reinsurance in the newly de-regulated Brazilian reinsurance market. CEO Stan Galanski commented, “We are very pleased to have received …
Idaho’s seat belt use fell more than 3 percent during the past three years — dropping from a high of nearly 80 percent in 2006, to 78.5 percent in 2007, and to 76.9 percent this year, according to a recent …
Tony Markel, vice chairman of the Markel Corp., and his daughters, Diana and Melinda, have established the Markel/Friedman Peritoneal Ovarian Cancer Research Fund at City of Hope in memory of his late wife, Susan. The gift, which was augmented by …
Walter A. Bell, the first Alabamian to serve as president of the National Association of Insurance Commissioners, will be leaving his position as state insurance commissioner at the end of August, Gov. Bob Riley announced. “It has been my genuine …
For over 16 years, MGA’s and Carriers have trusted QualCorp for their Rating and Policy Issuance Software. Their flagship product – FormsPlus – automates all lines of business for both admitted and non-admitted business. FormsPlus can be scaled for any …
