The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced that all 16 Caribbean member governments have renewed their catastrophe policies with for the 2009/10 policy period. “Member governments were able to take advantage of a 10 percent decrease in premium costs …
Bermuda’s Catlin Group Limited has promoted Simon Shrimpton to senior marine hull underwriter in its London office. He will head Catlin’s six-person team, underwriting hull business on behalf of the Catlin Syndicate, the largest syndicate at Lloyd s, and Catlin …
Searchers found 15 more bodies from a crashed Air France jet Sunday and retrieved a large amount of debris from the plane that plunged into the Atlantic Ocean in the worst air disaster since 2001. Nearly a week after the …
Ronald Krebs has joined the Alternative Risk Transfer Services Team in South Carolina’s insurance department, where he will be responsible for the application processes from submission to licensing captive insurance companies and risk retention groups. Krebs brings with him 35 …
American International Group Inc. has picked a group that includes private equity firms Onex Corp and Greenbriar Equity Group as the preferred bidder for its aircraft leasing unit, a source familiar with the situation said Friday. However, the insurer has …
Union General Insurance Services Inc. of Concord, Calif., has made available to California agents an “A+” rated carrier offering both monoline and package coverage for clubs. Multiple lines of coverage can be provided such as general liability, property, inland marine …
The Insurance Professionals of Shreveport/Bossier City, Louisiana, recently installed new officers and honored its award winners for the year. Incoming officers are: President Jan Edwards of Pelican General Agency; President-Elect Lee Runge of Louisiana Workers’ Compensation Corporation; Treasurer Teri Rhodes …
Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. has added Gregg Carpenter as senior vice president and David Beeton as an account executive to its Preferred Client Insurance Services Group (PCS) for affluent individuals and families. Carpenter will be …
E.P.I.C. (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage based in California, recently appointed David Beech as a principal in its Orange office. Beech brings 26 years of experience in the insurance industry and will …
A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating to “a-” from “bbb+” of Guardian Insurance Company, headquartered in the U.S. Virgin Islands, both with stable outlooks. Best said the …
