Monthly Archives: <span>June 2010</span>

Pope Seeks to Avoid Deposition in Kentucky Negligence Case

The Vatican is asking a federal judge to reject an attempt to question Pope Benedict XVI under oath in a Kentucky sex abuse lawsuit on the grounds that there has been no evidence of a link to church officials in …

Baltimore Now Requires Residential Fire Sprinklers

Baltimore has become the largest American city to require automatic sprinklers in new single family homes and duplexes, after a law change signed earlier this month. The law change goes into effect July 1. Mayor Stephanie Rawlings-Blake said. that the …

Catlin to Establish Swiss Reinsurer

The Bermuda-based Catlin Group Limited has announced that it intends to form a reinsurance company in Switzerland to “significantly expand the European-based reinsurance business underwritten by the Group.” Catlin said it has applied to the “Swiss Financial Market Supervisory Authority …

Aon Expands Captive Consulting Capabilities in Bermuda

Aon Global Risk Consulting, the provider of risk advisory services of Aon Corp, announced the launch of Aon Global Risk Consulting Bermuda, as part of Aon Insurance Managers (Bermuda) Ltd. Aon noted that it has operated in Bermuda since 1963, …

Neal Bill, HR 3424, Proponents and Opponents Trade Salvoes

When U.S. Representative Richard Neal (D-MA) introduced, or more properly reintroduced, HR 3424, a bill aimed at closing what its proponents describe as a “loophole” in the U.S. tax code, he ignited, or more properly reignited, a longstanding controversy. Essentially: …

Alameda Insurance Association Names Officers

The Insurance Womens Association of Southern Alameda, Calif., has named its new officers: President Brianne Henderson of Deans & Homer; Vice President Beverly J. Griggs of Barbera Pangelinan Insurance Agency; Treasurer Geraldine Mellen; and Secretary Nancy Goodrich.

Trouillon Joins Angela Adams Consulting Services

Angela Adams Consulting Services Inc. of Sherman Oaks, Calif., has announced that Michael Trouillon has joined the company’s consulting team. Trouillon’s experience as an account manager, account executive and agency operations manager enables him to understand processes and workflows. Based …

Mercer Insurance Group Rating Upgraded to Stable From Negative

A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of Mercer Insurance Group of Pennington, N.J. The ratings apply to the four …

Ironshore Environmental to Provide Global Coverage Through London Syndicate

Ironshore International Ltd. has announced that the Ironshore Environmental Insurance division will provide coverages on a global basis through its Pembroke platform in London. Pembroke Syndicate 4000 operates within Lloyd’s where the market rating is A (Excellent) by A.M. Best …

Fireman’s Fund to Offer Discount for Energy Star Labeled Buildings

Fireman’s Fund Insurance Co., the first property and casualty insurance company to offer green insurance to the U.S. commercial marketplace, is now offering its policyholders with Energy Star buildings a five percent discount. Currently, there are more than 10,000 Energy …