Bermuda has signed a Tax Information Agreement, or TIEA, with the Republic of Indonesia at a ceremony in London on Wednesday, June 22, attended by Bermuda’s Premier, the Hon. Paula A. Cox, JP, MP, and H.E. Yuri Octavian Thamrin, Ambassador …
Lloyd’s insurer Ascot Underwriting Ltd. announced that it has increased its capacity from £600 million [$958 million] to £650 million [$1.038 billion] “to support its 2011 business plan.” Andrew Brooks, CEO of Ascot Underwriting explained: “Market conditions are changing, providing …
Liberty International Underwriters (LIU) and Liberty Syndicates have launched a joint initiative to provide war and terrorism insurance capacity for Middle Eastern risks. “LIU will distribute its product through Middle Eastern brokers and provide customer service from its regional office …
The Federation of European Risk Management Associations (FERMA) has elected three new board members who will serve from now until June 2014. They are: Helle Friberg of the Danish association DARIM Igor Mikhaylov from the Russian association RUSRISK Arnout van …
The Lulz Security group of rogue hackers announced it was disbanding Saturday with one last data dump, which included internal AOL Inc. and AT&T documents. LulzSec, which gained wide recognition for breaching the websites of Sony Corp, the CIA and …
United Valley Insurance Services, Inc. has formed a new operating division named United Valley Risk Management Solutions. United Valley RMS will provide risk management services for larger and more complex accounts. The managing director of the new unit will be …
Missouri Gov. Jay Nixon has extended his executive order providing emergency protections for the insurance coverage of Joplin-area residents. Executive Order 11-20 ensures that residents and business owners in Jasper and Newton counties will keep their home and commercial property …
When the Fifth District Court of Appeal (DCA) in California refused to review the Workers’ Compensation Appeals Board’s (WCAB) en banc decision in State Compensation Insurance Fund (SCIF) v. WCAB (Almaraz) on June 16, the Schwarzenegger administration’s efforts to return …
The massive earthquake and tsunami that hit Japan in March has led to supply chain disruptions around the world, sending a wakeup call to companies that do not have viable business continuity plans in place for themselves and their suppliers. …
