ACE Bermuda International announced the enhancement of its CODA product, which provides personal asset protection for directors & officers in the UK, at the AIRMIC Conference. ACE explained that CODA provides the “broadest possible coverage for directors and officers where …
Shares of American International Group Inc rose 6 percent Monday, and one analyst said the stock may be getting a boost from optimism the bailed-out insurer would be able to monetize its Asian life unit and pay back taxpayers. A …
A report from Marsh’s London office examines the changing need and conditions affecting captive insurance companies. Marsh said the report – Single Parent Captive Benchmarking: Capital and Collateral, examines how “owners of captive insurance companies are tapping into surplus funds …
Aon Benfield has published a new report – “When The Earth Moves: Mega-Earthquakes To Come?” – in conjunction with the Aon Benfield UCL Hazard Research Centre. The report was prompted by the recent earthquake in Chile. It identifies the “Caribbean, …
America First Insurance, a Liberty Mutual Agency Markets regional company based in Richardson, Texas, has appointed Ray Jimenez to assistant vice president, Specialty Lines. In this position, Jimenez will be responsible for growing America First Insurance’s farm and ranch, and …
Louisiana Attorney General Buddy Caldwell has been told he can go ahead with his investigation of BP, the rig explosion that’s dumping oil into the Gulf of Mexico, and the company’s process for compensating Louisianans affected by the disaster. A …
Legislation intended to improve the Oklahoma workers’ compensation system for injured workers was signed into law June11 by Gov. Brad Henry. The governor’s signature on the measure also reduces by one the number of proposals voters will have to decide …
Anderson County Sheriff’s Deputy Joel Frazier is a good listener. Frazier, a 12-year law enforcement veteran, has worked for the South Carolina county sheriff’s office as a patrol deputy for six years. Last Saturday night, Frazier was one of about …
Voters in Kansas’ Aug. 3 Republican primary will probably decide the insurance commissioner’s race. No Democratic, Libertarian or Reform Party candidates filed for the office before the June 10 deadline. Incumbent Republican Sandy Praeger, of Lawrence, is seeking her third …
North Dakota Insurance Commissioner Adam Hamm announcedthat the State Fire and Tornado Fund will give a 50 percent premium credit to all of its policyholders for the new policy year effective July 1, 2010. This is the third premium credit …
