Insurer Ace Limited’s business opportunities have grown dramatically over the past month and a long slump in rate pricing appears to be over, CEO Evan Greenberg told investors. Greenberg, speaking Wednesday on a conference call following the release of quarterly …
The ACE European Group has appointed Nikolay Dmitriev as Country Manager for its Russian operation, ACE Insurance Company CJSC. He replaces Andreas Wania who moved to the role of Regional Manager Central Eastern Europe, CIS and Russia in July this …
Marsh announced the creation of a dedicated binding authority and consumer placement service in London to meet the needs of clients globally. “This team will be the access point to the London and European insurance markets for Marsh’s small and …
The London-based electronic trading service RI3K announced the launch of its RI3K Data Exchange service (RDX). “This is an entry-level solution for passing ACORD xml data and documents from RI3K directly to users’ own management information or processing systems,” the …
The federal Occupational Safety and Health Administration and Idaho Department of Transportation have begun investigating what caused a bridge under construction in Nampa to collapse. More than a dozen workers from an Eastern Washington construction company were sent to local …
A California-based medical device company has ordered the recall of certain batches of a small mechanical heart pump, saying five people have died while using the device. Thoratec Corp. urged patients to have their implants checked after confirming 27 reports …
Colemont Insurance Brokers named Sean Burke a senior vice president and financial services broker. He will work out of the company’s San Francisco office to enhance and further develop the financial services practice for the West Coast. Burke previously was …
Alice A. Molasky Arman has joined Western Insurance Co. as senior vice president of government relations. Molasky Arman recently retired from the State of Nevada, where she was recognized as the state’s longest serving commissioner of insurance. During her tenure …
The Federal Emergency Management Agency’s Disaster Recovery Center in Greenville, Miss. is set to close on Oct. 31. FEMA officials processed more than 2,100 applications and awarded more than $3 million for individual federal assistance since the DRC opened earlier …
West Virginia is getting $3.1 million in federal funds to support its long-term disaster recovery and critical infrastructure needs. U.S. Housing and Urban Development Secretary Steve Preston announced the grants as part of $200 million for 15 states hit by …
