Lloyd’s Chairman Lord Levene, speaking at a recent Lloyd’s seminar in Rio de Janeiro, gave high marks to the successful establishment the Lloyd’s market has made in Brazil, describing it as “uniquely qualified to support Brazil in its transformation into …
The UK’s insurers are detecting more fraudulent insurance claims than ever according to figures released by the Association of British Insurers. The ABI said that insurers had received over 2,000 dishonest insurance claims every week in 2009, worth more than …
UK-based broker Jardine Lloyd Thompson announced a major expansion of its JLT International Network in Continental Europe and the CIS countries. “Three of Europe’s leading independent insurance brokers, SIACI SAINT HONORE (S2H), GrECo Group (GrECo) and Ecclesia Group (Ecclesia) have …
Crowds of people streaming into a techno music festival surged through an already jammed entry tunnel on Saturday, setting off a panic that killed 19 people and injured 80 [later reports indicate that more than 300 were injured, many critically] …
Munich Re plans to further align its U.S.-based specialty primary insurance operations to create a more robust specialty insurance platform under the leadership of Doug Elliot, president and chief executive officer of Hartford Steam Boiler (HSB). The management teams of …
Industry “think tank” focuses on new underwriting and distribution concepts. Property and Casualty insurance underwriting and distribution are changing dramatically. On September 14 and 15 MarketScout will host over 400 industry leaders at the fourth annual Entrepreneurial Insurance Symposium. According …
The $20 billion fund set up to help compensate victims of BP Plc’s devastating Gulf of Mexico spill does not prevent future lawsuits against the company that exceed that amount, the fund’s administrator said on Friday. Kenneth Feinberg, who also …
The Louisiana Citizens Property Insurance Corp. has announced that as a result of Tropical Storm Bonnie, personal lines binding restrictions are in effect for following parishes: Acadia, Assumption, Calcasieu, Cameron, Iberia, Jefferson, Jefferson Davis, Lafayette, Lafourche, Orleans, Plaquemines, St. Bernard, …
Tropical Storm Bonnie barreled toward south Florida Friday on a track that was expected to take it over the site of BP Plc’s massive oil spill in the energy-rich Gulf of Mexico by Saturday afternoon. The fast-moving storm was due …
A New Jersey grand jury has indicted a Maryland insurance broker, his companies and an accomplice on charges they conspired to steal $2.5 million from the Perth Amboy school system, the state’s attorney general said. Insurance broker Francis X. Gartland, …
