Margaret Marshall has joined the New England office of wholesaler Russell Bond, as an underwriter, focusing on new and renewal business. She will be based in the newly relocated Westfield, Massachusetts office for the firm. Marshall has extensive retail agency …
The House of Representatives joined the Senate yesterday in approving a one-year reauthorization of the nation’s flood insurance program. The measure, S. 3814, will extend the National Flood Insurance Program (NFIP) until Sept. 30, 2011. The measure now goes to …
According to catastrophe modeling firm AIR Worldwide, Hurricane Karl, which made its second landfall in Mexico last Friday as a Category 3 storm on the Saffir-Simpson Wind Scale, has caused several rivers and canals to overflow, inundating large portions of …
“Confidence is returning to the airline industry with airlines predicting a 13 percent increase in passenger numbers in 2011,” according to Aon’s “Airline Insurance Market Indicators, 2010/11 report.” By comparison, at this time last year a 9 percent decrease was …
Tropical Storm Matthew formed over the western Caribbean Thursday and was expected to hit Central America as early as Friday, the U.S. National Hurricane Center said. The storm, which had maximum sustained winds of 45 mph [72 kph], could disrupt …
Hughes-Gibb, the specialist bloodstock, livestock and aquaculture division of Willis Group Holdings, announced that it is expanding its services to clients in agri-business. Broadening its expertise to include Crop and Forestry, the wholesale broker has appointed Julian Roberts as leader …
Lloyd’s insurer Chaucer has outlined its plans for the launch of a new International Liability Division by the end of the year, according to a bulletin on the Lloyd’s web site. “The move follows a series of appointments during the …
Lloyd’s has announced that it will establish a dedicated program to recruit and train 50 claims professionals over the next five years, which it said is equivalent to “10 per cent of claims personnel currently in the market.” The Lloyd’s …
Arch Insurance Group (Arch), a member of Arch Capital Group Ltd., has unveiled Arch Canopy Policy for Nonprofit Organizations. Nonprofit organizations are increasingly vulnerable to the expanding types of litigation which can have a devastating impact on an organization’s ability …
Independent agent Brian Bartosh, president of Alpena, Mich.-based Top O’ Michigan Insurance, has been elected to serve as 2011 chair of Applied Systems Client Network (ASCnet), the users group for Applied Systems agency management technology. Maureen Boeing, vice president at …
