May 25, 2010
Potential Chinese moves to lower trade barriers could be as important as exchange rate reforms in easing economic strains with the United States, Washington’s top trade negotiator said as the two powers entered a second day of talks. Senior officials …
May 25, 2010
“Ordnance Survey (OS) data is now publicly available for free, giving insurers access to crucial information to aid risk assessment,” states a bulletin on the Lloyd’s web site (www.lloyds.com). Making the detailed maps available to the industry marks the end …
May 25, 2010
Flagstone Reinsurance Holdings announced from its Luxembourg headquarters that Mark Byrne has decided to step down as Chairman of the Board of Directors. He will, however, continue to serve as a non-executive member of the Board of Directors of the …
May 25, 2010
In today’s workplace, 60 percent of employers will eventually face a lawsuit related to alleged unlawful employment practices, according to Jury Verdict Research. These cases pose a financial risk to any business. Defending a wrongful termination or discrimination claim – …
May 24, 2010
A major industry foundation is planning to recognize former AIG chief and current C.V. Starr CEO Maurice “Hank” Greenberg. The Insurance Industry Charitable Foundation (IICF) said it will present Greenberg with its “Double I Award” – for influence in the …
May 24, 2010
Texas House Speaker Joe Straus of San Antonio has appointed Rep. Larry Taylor, an insurance agent from Friendswood, to the state’s Sunset Advisory Commission. Taylor, who serves on the House Committee on Insurance and the House Committee on Ways and …
May 24, 2010
A leading insurance agency technology vendor says that real time transactions by independent agencies using its systems have skyrocketed 56 percent so far in 2010 over last year. Vertafore reported that its agent-carrier connectivity products, TransactNOW, PL Rating and Sircon, …
May 24, 2010
John Spragle has announced his retirement as president of Waterloo, Iowa-based VGM Insurance effective July 1, 2010. Tom Jones is slated to take over as president of the company upon Spragle’s retirement. Jones has expertise and familiarity with the Durable …
May 24, 2010
Officials Harvey County, Iowa, say some residents may need to buy flood insurance under new federal maps of the area’s flood plain. Scott Davies, director of the Harvey County Planning and Zoning, says 270 residents of unincorporated areas may be …
May 24, 2010
New Hampshire-based Masiello Insurance Agency Inc. has opened a Seacoast office in the Granite State. The Hampton office, which serves both southern Maine and eastern New Hampshire, is operated by Joe Frechette — a former state legislator — and Jamie …