UK broker Alliance Corporate Risk Management is concerned that “with flooding having caused yet more devastation across the UK, …businesses are still not learning the lessons of previous flood disasters.” John McLaren Stewart, the company’s Chief Executive, who took part …
The UK High Court has issued a civil restraining order, which enjoins former Lloyd’s Names from bringing further lawsuits against Lloyd’s without first seeking permission from the court to do so. Lloyd’s described the judgment as “another significant step towards …
Allied World Assurance Company Holdings has announced two senior management promotions. Frank D’Orazio has been named Chief Underwriting Officer of Allied World Assurance Company, its Bermuda insurance subsidiary, from his most recent position of Senior Vice President, Global Product Line …
Orange, Calif.-based Armstrong/Robitaille/Riegle Business and Insurance Solutions has acquired Balance Insurance Agency of Irvine, Calif. Balance Insurance Agency was founded in 1991 as a specialty agency. Its excellent relations with top-rated surety companies allowed the company to become a leader …
Los Angeles-based Heritage General Agency’s has a new HOA product for up to four units for small condominium associations. The non-admitted carrier is offering this as a package; however, it can be written on a stand alone basis. Coverage highlights …
Phoenix-based Sterling Grant & Associates has promoted Mario Oliva to broker, focusing on commercial insurance portfolios for a variety of industries, including the bar, restaurant and night club sector. Oliva began his career in the insurance industry as a customer …
Governor Charlie Crist has proclaimed September 2008 as ‘Florida Preparedness Month,’ in tandem with the annual federal outreach program sponsored by the U.S. Department of Homeland Security for ‘National Preparedness Month.’ The month is designed to raise awareness statewide on …
SAN DIEGO – September 11, 2008 – The MyNewMarkets.com Exchange format is proving to be a winning formula for retail agents who need markets and P&C markets who need agents. Billed as an insurance “market fair” the networking event is …
The U.S. subprime-mortgage crisis has now spurred more federal lawsuits than the savings and loan debacle of the late 1980s and early 1990s ever did, data released Wednesday shows. The number of new mortgage-related civil lawsuits filed in federal courts, …
The West Virginia Insurance Commission sent a heads-up to all insurance companies licensed to do business in the state, informing them that the department will accept only electronic rate and form filings beginning in 2009. Insurance Commissioner Jane L. Cline …
