April 26, 2010
Hiscox USA has opened a Southeast regional office in Atlanta, Georgia. The office, which is led by Robert Gadaleta will serve as a regional hub for brokers in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. …
April 26, 2010
IronPro, the professional liability division of Ironshore Inc., now offers a new national architects and engineers professional liability program in cooperation with All Risks Ltd. IronPro will provide professional liability coverages for a range of targeted architectural and engineering sectors …
April 23, 2010
A Senate investigations panel looking into Goldman Sachs’ role in the financial crisis subpoenaed the investment bank as early as June 30, 2009, long before securities regulators sued it for fraud, according to a congressional aide. The aide also said …
April 23, 2010
British Prime Minister Gordon Brown said any bank found guilty of wrongdoing could have to pay millions of dollars in compensation. Britain this week launched a probe into alleged fraud by Goldman Sachs after the United States accused Wall Street’s …
April 23, 2010
IronPro, the professional liability division of Ironshore Inc, has entered into a joint relationship with Jardine Lloyd Thompson (JLT) Facilities Inc. to offer lawyers professional liability (LPL) insurance. IronPro’s new lawyers professional liability program will be administered and underwritten by …
April 23, 2010
Bermuda-based Ariel Reinsurance Company Ltd. appointed Tom Hulst as CEO. Hulst will report to George Rivaz , the chairman of Ariel Reinsurance and CEO of Ariel Holdings. Hulst has been with the Ariel Re since shortly after its formation in …
April 23, 2010
Huntington Beach, Calif.-based Fiesta Auto Insurance, a franchise system to combine insurance and tax preparation under one roof, announced it has opened 20 new locations during the past 90 days. The company’s unprecedented growth phase has increased its presence to …
April 23, 2010
Compare the estimated $30 billion in after tax profits that the U.S. property and casualty marketplace will likely book for 2009 to the year end results of the hospitality industry, whose lodging (occupancy near 56 percent), restaurants and entertainment segments …
April 23, 2010
The Travelers Cos. Inc. reported net income for the first quarter 2010 dropped just $15 million, to $647 million in Q1 2010, compared to $662 million in Q1 2009. Operating income in the current quarter declined as well to $631 …
April 23, 2010
Despite a sizable increase in catastrophe claims, New Jersey-based insurer Chubb saw first quarter profits climb 36 percent to $463 million, up from $341 million in the year-ago quarter. The impact of catastrophe claims for the quarter, which includes the …