As the NCAA men’s basketball tournament tipped off, one could say that Cookeville, Tennessee insurance agent Gary Maxwell had the best seat in the house. No, he wasn’t sitting courtside or in a luxury box of any kind; he was …
Bermuda-based AXIS Capital Holdings Limited announced that its indirect, wholly-owned subsidiary, AXIS Specialty Finance LLC, has priced an offering of $500 million aggregate principal amount of its 5.875 percent Senior Notes due 2020, fully and unconditionally guaranteed by AXIS Capital, …
A bulletin from Marsh’s London office notes that “following a prolonged period of inactivity for Initial Public Offerings (IPOs) as a result of the global recession…early signs of economic recovery and new rules for UK firms listing on the London …
The Solvency II reforms, as currently proposed, “would reduce the amount of insurance capacity available to UK businesses and put up the cost of cover,” according to the UK’s AIRMIC (the Association of Insurance and Risk Managers). “As a result …
Average healthcare costs for U.S. employers rose by 7.3 percent in 2009, surpassing inflation and the growth rate in overall healthcare spending, Thomson Reuters reported Monday. Overall U.S. healthcare spending, including Medicare, Medicaid, and other payers, grew by 4.8 percent …
The U.S. House of Representatives approved a sweeping $940 billion healthcare overhaul Sunday in a two-step process that sends a Senate version of the bill to President Barack Obama for his signature and a package of changes sought by Democrats …
Authorities evacuated hundreds of people after a volcano erupted beside a glacier in southern Iceland, the country’s civil protection agency said Sunday. The eruption occurred around 11:30 p.m. Saturday (19:30 EDT) beside the Eyjafjallajokull glacier, the fifth largest in Iceland. …
Guy Carpenter & Company announced that it has named Victoria Carter as Vice Chairman of Guy Carpenter International. She will be “a key member of the Guy Carpenter International Leadership team and will be responsible for driving new business production …
The House of Representatives gave final approval to a sweeping healthcare overhaul Sunday, expanding insurance coverage to nearly all Americans and handing President Barack Obama a landmark victory. On a late-night 219-212 vote, House Democrats approved the most dramatic health …
The Chartered Property Casualty Underwriters Society Golden Gate Chapter has awarded Janis Dunivin of Wells Fargo Insurance Services of California with its Insurance Person of the Year Award, and State Farm with its Insurance Company of the Year Award. The …
