Bermuda-based Aspen Insurance Holdings Limited announced that it has appointed Rupert Villers, effective April 27, 2009 as head of its newly combined Financial and Professional Lines Insurance business segment. He will be based in London and will report directly to …
Arch Reinsurance Company announced that John Rathgeber has been appointed Chairman and CEO and Tim Olson has been appointed President and COO as of March 1, 2009. Rathgeber previously served as President and CEO and Olson as Chief Underwriting Officer …
A drastic climate shift, such as a thaw of Greenland’s ice or death of the Amazon forest, is more than 50 percent likely by the year 2200 in cases of strong global warming, according to a survey of experts. The …
Arch Insurance Company (Europe) Limited, a subsidiary of Bermuda-based Arch Capital Group Ltd., announced that it has received approval from Lloyd’s to establish a new syndicate, which is slated to commence underwriting from mid-March this year for risks attaching from …
Consumers scored a victory in the Wyoming Legislature this session, with the defeat of HB 65, which would have eliminated insurer direct repair programs, according to the Property Casualty Insurers Association of America (PCI).. PCI testified in opposition to the …
The Las Cruces, N.M., City Council has approved an ordinance that will allow Las Cruces police officers to impound vehicles that are uninsured, and those that are driven by drivers who are unlicensed, or whose license to drive has been …
American International Group Inc., which received $180 billion in U.S. taxpayer money, disclosed that up to 400 employees would be receiving as much as $650 million in bonuses. The employees, who are part of the financial products unit, wrote the …
Elizabeth Demaret, managing director of Arthur J. Gallagher, has been appointed chairwoman of the World Federation of Insurance Intermediaries (WFII), an international association representing intermediaries from around the world. Based in Chicago, Demaret is one of six WFII World Council …
New York-based specialty insurance firm Valiant Insurance Group has named Kevin J. Cawley as senior vice president and chief actuary. Cawley, who will be based in New York, most recently served as chief actuary for Liberty International Underwriters – North …
A legal principle covering journalists who base their reports on police records protects a newspaper sued over stories it published about an alleged rape, the Arkansas Supreme Court has ruled. In an unanimous decision, the court found that the “fair …
