Monthly Archives: <span>February 2009</span>

UN Secretary-General Says Domestic Politics Undermine Climate Fight

A climate deal at Copenhagen may not be possible unless politicians take tough decisions without worrying about winning elections and compulsions of their domestic politics, the U.N. Secretary-General said on Thursday. Ban Ki-moon said the situation had been compounded by …

Lloyd’s Makes Appointments to Council and Franchise Board

Lloyd’s has announced the following appointments to its Council and Franchise Board: — Lord Levene was re-elected as Chairman of Lloyd’s; — Andreas Prindl was elected as a Deputy Chairman, and Ewen Gilmour and Graham White were re-elected as Deputy …

S&P, Best Put Swiss Re’s Ratings on Negative Credit Watch

Reactions from the rating agencies to Swiss Re’s announcement of further losses (See IJ web site – https://www.insurancejournal.com/news/international/2009/02/05/97610.htm) has been swift. A.M. Best announced that it had placed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings …

Island Insurance Offers Homeowners Equipment Breakdown Coverage

Honolulu-based Island Insurance Co. Ltd. is offering equipment breakdown coverage to all homeowners policyholders. The optional endorsement is available for $15 per year and covers the cost of repair and replacement of high-valued home equipment such as appliances, computers, air …

Lieberman Appointed to Barney & Barney LLC Board

San Diego-headquartered insurance brokerage Barney & Barney announced that Arlene Lieberman, a principal of the firm, has been appointed to serve on the firm’s board of directors. This governing board is made up of senior leadership and has responsibility for …

Texas Court Says Spouse Can Pursue Workers’ Comp Bad Faith Claim

The spouse of a workers’ compensation claimant may continue her bad faith complaint against Zurich American Insurance company over the insurers’ refusal to pay compensation benefits, a district court in Travis County, Texas, has ruled. Zurich American had requested that …

G4S, National Unity Form Anti-Fraud Partnership

North Carolina-based G4S Compliance & Investigations has formed partnership with National Unity Insurance Company, a Texas-headquartered company specializing in providing liability insurance for Mexican private and commercial auto while traveling in the United States and Canada. Under the agreement, G4S …

Ohio Among States Weighing Tougher Seat Belt Laws to Get Funding

More cash-strapped states want to give law enforcement officers the authority to pull over motorists who aren’t wearing seat belts. The 15 states, including Ohio, that are considering making the switch need to do so before July to be eligible …

Cavignac & Associates Appoints Hatcher Director of First Impressions

Cavignac & Associates, a San Diego-based risk management and commercial insurance brokerage firm, has appointed Amanda Hatcher director of first impressions. In her new position, Hatcher is responsible for ensuring that client visits run smoothly, answering client requests and performing …

Surplus Lines Association Launches Executive Leadership School

The National Association of Professional Surplus Lines Offices Ltd. (NAPSLO) is launching the NAPSLO Executive Leadership School, scheduled for Feb. 8-11, 2009, in Charlottesville, Va. The new school offers senior-level members the opportunity to learn leadership skills from top business …