John A. (Jack) Windolf, Chairman and CEO of Short Hills New Jersey-based Bollinger Insurance, recently did something that was so remarkable it has made the national news. At a time when “bonuses” have become a dirty word, he directed that …
The earthquake that struck the Italian city of L’Aquila, the regional capital of Abruzzi in central Italy, is now measured at a strong magnitude 6.3 on the Richter scale, according to Risk Management Solutions analysis of the disaster. At least …
Boston’s AIR Worldwide Corporation announced that it has provided risk modeling and analytical services for more than 10 billion dollars in insurance-linked securities since 1996 and over 56 percent of total issuances since 2007. “Risk modeling is a key element …
Bermuda’s Max Capital Group responded with a flat denial to the assertions made in a letter from Validus Holdings that it had miscalculated the diluted book value per IPC share and diluted tangible book value per IPC share. The figures …
The Doha round of global trade talks could be concluded within eight months after negotiators agree modalities on industrial tariffs and agriculture subsidies, the head of the World Trade Organization said. WTO Director-General Pascal Lamy said on Tuesday the WTO …
Los Angeles-based DBH Resources has evolved into Wrapid, a company that provides wrap-ups to the construction industry. National construction wrap-up expert Andrew Canning is now the chief operating officer of the re-branded firm. As Wrapid, the company will continue to …
With more condominium owners defaulting on their mortgages, condo associations in Maine are seeking relief. When condos are foreclosed upon and their owners leave, the other condo owners are left to pick up the tab for monthly fees that are …
The Arizona Court of Appeals upheld the constitutionality of a law that limits the state’s liability in negligence lawsuits stemming from motor-vehicle accidents caused by drunken-drivers. A three-judge panel upheld a jury verdict for the state in a negligence suit …
Sellers, risk management advisor at United Risk Solutions Inc. in Medford, Ore., has been appointed security compliance officer. In this new position, he is responsible for maintaining and monitoring the firm’s program to protect the security, confidentiality and integrity of …
Nautilus Insurance Group, comprised of Nautilus Insurance Co. and Great Divide Insurance Co., member companies of W.R. Berkley Corp., announced the appointment of Thomas Miali as assistant vice president-property underwriting. Miali joins Nautilus from a reinsurance company where he served …
