Lawmakers were told Monday that unsafe, abandoned or obsolete dams are “time bombs” that pose a threat to public safety and wildlife habitats in Massachusetts and need to be repaired or dismantled as quickly as possible. A public hearing was …
Bermuda-based Aspen Insurance Holdings Limited announced that the Company has appointed Kerry Calaiaro as Senior Vice President, Investor Relations with immediate effect. She will report to CEO Chris O’Kane, and will be based in New York. Aspen said the “appointment …
Manulife Financial said Monday the impact of the earthquake and tsunami in Japan should be less than C$150 million (US$152.93 million), after investors sold the shares off by 3.5 percent on concerns about the insurer’s exposure to the disaster. Manulife, …
A.M. Best Co. has issued a bulletin indicating that it does not “expect an immediate rating impact on Japanese non-life insurers and reinsurers due to the March 11, 2011 earthquake in Japan. However, the capitalization level will decrease by a …
Losses from the Japanese earthquake will reduce insurers’ capital reserves, insurance brokers said Tuesday, as sector shares continued their sharp declines on fears the disaster’s size could grow. Ace, a leading insurer and reinsurer, warned the Japanese earthquake would cause …
Japan’s nuclear crisis appeared to be spinning out of control on Wednesday after workers withdrew briefly from a stricken power plant because of surging radiation levels, but desperate efforts to avert a catastrophic meltdown quickly resumed. Early in the day …
San Diego – March 16, 2011 – Trade Group Insurance Specialties, Inc.has announced that in celebration of its 4th year in business serving as a General Wholesaler and Specialty Program Provider that during March 2011 it would offer 15% commission, …
PPIB of Novato, Calif., has launched two new programs: one for weight loss centers and one for artisan contractors. The weight loss program is open to anyone who can legally prescribe certain weight loss products and the assistants who work …
Markel Specialty announced the renewal of its American Camp Association (ACA) Mission Partner Sponsorship for the next three years. This announcement follows the completion of the Markel-funded Healthy Camp Study, a five-year project that monitored injuries and illnesses in U.S. …
GeoVera Insurance Co. has launched a residential windstorm-hurricane insurance product in Hawaii. The policy will insure residential properties against the single peril of windstorm during a hurricane. GeoVera is partnering with local independent insurance agents to offer the policy to …
