Standard & Poor’s Ratings Services raised its ratings on Bermuda-based Allied World Assurance Co. Holdings AG and its operating subsidiaries by one notch. The counterparty credit rating on the holding company was raised to ‘BBB+’ from ‘BBB’ and the counterparty …
Bermuda-based AXIS Capital Holdings Limited announced that William A. Fischer, the CEO of AXIS Re, will leave that position, but will assume the new role of Chief Underwriting Officer of AXIS Re as well as becoming the CEO of AXIS …
Transatlantic sniping by top policymakers could make it harder to agree new rules to crack down on derivatives, derivatives market officials said on Tuesday. “The high policy debate is going in the wrong direction right now,” said Futures and Options …
Aon’s annual publication of its Terrorist Risk Map has been expanded. Aon said this year’s version features areas where “political violence, strikes, riots, civil war and war threaten the sustainable growth, continuity and profitability of businesses as much as terrorism.” …
Dual Dutch-Norwegian listed ocean transport company Dockwise has warned the Netherlands it will sail its vessels under a different flag unless it is allowed private guards to fend off pirates. The company said in a statement on Tuesday it was …
Richmond, VA, 6/8/11 – Atlantic Specialty Lines, Inc. Sherrie joins the ASL of FL office and corporate personal lines team bringing strong agency connections and relationships throughout the entire state of Florida. She has over six years as a Personal …
The insurer of Michael Jackson’s planned series of comeback concerts is asking a Los Angeles judge to nullify a non-appearance policy issued to concert promoters. Underwriters at Lloyd’s of London sued AEG Live and Jackson’s company, claiming the concert promoter …
The Golden Gate Chapter of the Chartered Property Casualty Underwriters Society has named its 2011-2012 officers. They are: President Michael Johnson, Treasurer Kelly Huang, Secretary Dan Miller, and Board Members Marcus Lampley and Minerva Tirado. Returning leadership includes: Lucinda Cartwright, …
Bozzuto & Associates Insurance Services Inc. of San Jose, Calif., has named Bruce Poitevan bond manager. Poitevan was formally with Willis, and joins Bozzuto & Associates following many years as a broker with national and regional firms in the San …
The American Agents Alliance announced it has submitted for title and summary an automobile insurance discount initiative that would allow consumers to receive a discount for having continuous automobile insurance, regardless of the insurance company with whom they are insured. …
