American International Group sees China becoming a much larger part of its general insurance business within the next five years, Nicholas Walsh, executive vice-president of the foreign general insurance division, said Wednesday. Walsh, a 35-year veteran of the giant insurance …
Foreclosures haven’t hit local condominium associations in coastal Alabama as much as their peers in some states, but that may change as new assessments are sent out to help pay for insurance. Condo foreclosures hit a plateau about six months …
South Carolina Agriculture Commissioner Hugh Weathers is urging residents to think about their animals and livestock with Tropical Storm Hanna spinning at sea. The National Hurricane Center projects the storm could affect South Carolina’s north coast by early on Sept. …
A South Carolina woman admitted scamming West Virginia’s workers’ compensation system for more than 15 years. Prosecutors said 60-year-old Harriett Miller of Georgetown, S.C., stole checks totaling nearly $116,000 that the state sent to Hazel Allen after Allen died in …
The Dublin International Insurance & Management Association (DIMA) has released its membership statistics for 2007. These show that the international non-life insurance and reinsurance sector in Ireland last year wrote in excess of €22 billion ($31.4 billion) in gross written …
Bermuda’s XL Capital announced that it will host a global risk conference — XL Congress — on October 2-3 in Washington, D.C. with the theme of “Intelligent Change for A World At Risk.” “The conference, an invitation-only event, is modeled …
Fireman’s Fund Insurance Company, the California-based U.S. operations of Germany’s Allianz SE, announced that it is expanding its operation with the opening of a London office, “which offers film underwriting to European production companies.” Ian Mercer, an insurance executive with …
Lloyd’s Sixth Annual London City Dinner at Merchant Taylors’ Hall on Thursday night featured a keynote address by the Governor of the State of Rio de Janeiro, Sérgio Cabral. In his opening remarks Lord Levene, Chairman of Lloyd’s, described the …
Representatives from government, the private sector and communities will gather in Huntington, West Virginia to discuss the challenges of redeveloping brownfields. Brownfields are properties where redevelopment is difficult because of environmental concerns, such as the presence or potential presence of …
The Arizona Chapter of the CPCU Society (Chartered Property Casualty Underwriters) recently qualified for the silver level of the Society’s 2007 – 2008 Circle of Excellence Recognition Program. The program recognizes chapters for their efforts to achieve specific benchmarks in …
