September 23, 2008
Kentucky Gov. Steve Beshear requested a presidential disaster declaration to help recover costs for public damages suffered in some 70 counties and cities across the commonwealth. As of Sept. 19, Beshear said 29 counties and more than 41 towns and …
September 23, 2008
Hospitality Mutual Insurance Co. In Westboro, Mass., announced that John W. Tympanick has been named president and chief executive officer and has been appointed to its board of directors. Hospitality Mutual, a mutual insurance company serving the hospitality industry, replaced …
September 23, 2008
Kentucky Gov. Steve Beshear sent a request to U.S. Secretary of Agriculture Ed Schafer requesting that the U.S. Department of Agriculture disaster assistance be made available to farmers across the commonwealth due to crop losses resulting from widespread drought conditions …
September 23, 2008
U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress to act swiftly on a proposed financial system bailout and warned of dire consequences if they delay. In prepared testimony that the two are scheduled …
September 23, 2008
Birmingham, Ala.-based ProAssurance Corp.announced that A. Derrill Crowe, M.D., resigned as non-executive chairman of the board and from his position as a director, for personal reasons. A successor chairman has not been elected. In resigning, Crowe cited the fact that …
September 23, 2008
The Texas Department of Insurance (TDI) is conducting a mandatory data call for certain information related to claims in the counties of Angelina, Austin, Brazoria, Brazos, Chambers, Cherokee, Fort Bend, Galveston, Gregg, Grimes, Hardin, Harris, Houston, Jasper, Jefferson, Liberty, Madison, …
September 23, 2008
Cayman Islands-based Greenlight Capital Re announced the election of Bryan Murphy to the company’s Board of Directors. Murphy, 63, has over 40 years of experience in the insurance and reinsurance business and has held senior executive positions in companies located …
September 23, 2008
Bermuda-based AXIS Capital Holdings Limited announced that Cheryl-Ann Lister has been appointed to its Board as an independent director. She will serve as a Class II Director and as a member of the Audit Committee of the Board. Lister currently …
September 23, 2008
Lloyd’s has welcomed the first group of candidates to be accepted in to its graduate program. The nine graduates have spent the past week learning about Lloyd’s and the London Insurance Market, meeting their new colleagues and taking part in …
September 23, 2008
The Bermuda-based Max Capital Group Ltd. announced preliminary estimates of claims for Hurricanes Gustav and Ike that range from approximately $35 million to $50 million, net of reinstatement provisions. Max Cap said the “loss estimates are based on its proprietary …