February 10, 2009
Andrew Fotopulos has joined Starkweather & Shepley Insurance Brokerage Inc. in Providence, Rhode Island as senior vice president. Fotopulos will lead the brokerage’s financial institutional practice. He will focus on providing specialized risk coverage designed for insuring financial institutions and …
February 10, 2009
Zurich American Insurance Co. has paid a $250,000 fine to the state of New York for charging unfiled rates on its errors and omissions policy for veterinarians, according to state regulators. The New York Insurance Department said Zurich entered into …
February 10, 2009
Lawyers for the survivors and relatives of the 100 people killed in a nightclub fire almost six years ago asked a judge Friday to approve a formula to distribute proceeds from a $176 million settlement. The lawyers said in court …
February 10, 2009
Weekend bushfires in Australia that killed 173 people are a climate change wake-up call for the public and politicians and a window to the future, experts said on Tuesday. With the death toll still growing from the nation’s deadliest fires, …
February 10, 2009
A storm swept across northern France on Tuesday, cutting off more than 600,000 homes from the power grid, while high winds and gales hit Britain and Switzerland. It was the second major storm to hit France in less than three …
February 10, 2009
The London-based Glencairn, a company within Faber & Dumas, the third-party wholesale insurance broker established by Willis, has announced the establishment of an energy division within the London market and the appointment of Alan Brooks as the Chief Executive of …
February 10, 2009
U.S. consumers are falling further behind on their debt payments even as both borrowers and lenders struggle to keep the debt burden from getting even heavier in the face of a worsening recession and employment picture, a credit bureau executive …
February 9, 2009
Question: How many people does it take to support an insurance agency? Answer: At least 1,089. One to run the agency and 1,088 townspeople. The population required to support different businesses varies greatly but insurance agencies have one of the …
February 9, 2009
North Carolina Insurance Commissioner Wayne Goodwin has confirmed that his department has received the annual auto insurance rate filing from the North Carolina Rate Bureau. The bureau, which represents the auto insurance companies writing business in the state, requested an …
February 9, 2009
Standard & Poor’s Ratings Services has issued a comment on its CreditWatch placement of Norway-based non-life insurer ASA (NEMI). The ‘BB’ insurer financial strength and long-term counterparty credit ratings on NEMI remain on CreditWatch with developing implications, where they were …