July 20, 2010
The Association of British Insurers has confirmed that Kerrie Kelly is stepping down from her role as Director General to return to Australia for personal reasons. Maggie Craig, Director of Life and Savings at the ABI, will serve as acting-Director …
July 20, 2010
The New York-based Navigators Group announced that its wholly-owned syndicate, Navigators Syndicate 1221 at Lloyd’s of London, is co-locating with Lloyd’s in Rio de Janeiro by appointing a local representative. Lloyd’s has Admitted Reinsurer status in Brazil and had its …
July 20, 2010
Assemblyman Mike Villines says the California Department of Insurance needs a good manager, not a politician looking at the post as a stepping stone to higher office. Villines will face Democratic Assemblyman Dave Jones in the November general election after …
July 20, 2010
Sacramento is the latest local government in California to consider imposing a tax on out-of-town motorists who are involved in local auto accidents, which many insurers oppose, according to Sam Sorich, president of the Association of California Insurance Companies (ACIC). …
July 20, 2010
WrightUSA has launched a professional liability product tailored to United States government employees with international exposures. The product – branded as the World Wide Plan – will respond to any allegation of a covered wrongful act – even if the …
July 20, 2010
AXIS Capital Holdings Limited’s AXIS Insurance segment has formed a design professionals & environmental liability unit that will specialize in providing coverage for architects, engineers, contractors, consultants and other firms. The new unit will be led by Richard Zarandona who …
July 20, 2010
Simon Bancroft has joined Southwest Risk as senior vice president and property manager. Southwest Risk is a member company of Southwest Insurance Partners and operates offices in Dallas and Houston. As property manager, Bancroft is responsible for the growth of …
July 20, 2010
Marsh, an insurance broker and risk advisor, has appointed Ron Marx as a senior vice President in its San Diego office as part of its continued efforts to aggressively target emerging opportunities in Southern California. Marx brings more than 30 …
July 19, 2010
E&S Brokerage Mergers, Expansions and Start Ups, Oh My! As goes the circle of life, so goes the wholesale insurance broker world. Not even the sixth year of a soft market cycle has deterred industry veterans from launching new wholesale …
July 19, 2010
Tort reform, which has been a longstanding and slow-moving political juggernaut, needs to sprout a necessary and useful set of wings. A “perfect storm” between today’s data technology, an existing healthcare crisis, current tort laws and common filing procedures may …