June 9, 2009
Five insurance producer associations are planning a joint lobbying effort next month on health care reform in the nation’s capital. The Independent Insurance Agents & Brokers of America (Big “I”), AHIA-NAIFA Health and Employee Benefits (AHIA), The Council of Insurance …
June 9, 2009
Bermuda-based Validus Holdings, announced that it has delivered a further increased offer to the Board of Directors of IPC Holdings for the amalgamation of Validus and IPC. Validus said its increased offer would give IPC shareholders $3.75 in cash for …
June 9, 2009
Guy Carpenter & Company has published the latest installment in its series of updates on key legislative and legal developments impacting insurers and reinsurers in Continental Europe. The briefing addresses the implications of the ongoing global financial crisis, highlighting the …
June 9, 2009
According to Marsh’s London Office, “the UK architectural, engineering and construction sector is facing a ‘perfect storm’ which could leave many firms facing increasing risks at a time when the current trend of falling Professional Indemnity (PI) premiums rates may …
June 9, 2009
European Union Finance ministers were set on Tuesday to renew commitments to post-recession debt reduction but without tying themselves for now to a starting date. The ministers from the 27 European Union countries were also due to broach proposals for …
June 9, 2009
Atlanta-based managing general underwriter NBIS, NationsBuilders Insurance Services, Inc., has launched a Heavy Construction and Transport Insurance Program in partnership with specialty insurer Tower Group Companies of New York. According to NBIS Executive Vice President Kevin Cunningham, the two firms …
June 9, 2009
The Florida Chamber of Commerce released a poll it says shows that 60 percent of Florida voters believe Governor Charlie Crist should sign HB 1171, a bill which deregulates pricing for some large property insurers, while 24 percent disagree. This …
June 9, 2009
The Supreme Court ruled Monday that a West Virginia judge should have disqualified himself from an appeal of a $50 million jury verdict against Massey Energy Co. because the coal mining company’s CEO had been a major campaign donor. By …
June 9, 2009
Scottsdale, Ariz. – June 9, 2009 – Nautilus Insurance Group, comprised of Nautilus Insurance Company (“Nautilus”) and Great Divide Insurance Company (“Great Divide”), member companies of W. R. Berkley Corporation, was recognized with community service, advertising and marketing awards at …
June 9, 2009
United Risk Solutions Inc. has added two people to its staff. KC Ferguson has joined as senior account manager in the Workers’ Compensation Department, and Reida Robinson will be the manager of the firm’s Bond Department. Patricia Boyd, who has …