Western nations clashed with Russia and developing countries Wednesday over whether climate change was a security matter meriting the attention of the Security Council, the most powerful U.N. body. Diplomats said Russia initially blocked the adoption of a statement on …
With executives from News Corp. and some of its subsidiaries heading for the exits, legal bills from the phone-hacking scandal rocking the company are no doubt stacking up. But depending on the companies’ directors and officers insurance coverage, News Corp. …
Texas Gov. Rick Perry announced the appointment of Eleanor Kitzman of Austin as Texas Insurance Commissioner, effective Aug. 15, 2011, for a term to expire Feb. 1, 2013. She will replace Mike Geeslin, who announced earlier this year that he …
Lockton Companies LLC a Kansas City-based firm specializing in insurance, risk management and employee benefits, has added Brett Lane to its team of producers. Lane previously was an account executive for health and welfare clients. He will now focus his …
Illinois Gov. Pat Quinn has appointed 12 new members to the state’s Workers’ Compensation Advisory Board as part of the implementation of recently passed workers’ compensation reform legislation. The Advisory Board will make recommendations on the appointment of arbitrators, among …
According to catastrophe modeling firm AIR Worldwide, Tropical Storm Ma-On made landfall in southern Tokushima Prefecture on Shikoku Island late Tuesday night local time. Dr. Peter Sousounis, principal scientist at AIR Worldwide, explained that it was the “sixth named storm …
Aon Risk Solutions, the global risk management business of Aon Corp., has appointed Nicki Tilney as head broker of construction, power and infrastructure for Aon’s Global Broking Center (GBC) in Singapore, one of Aon’s hubs for insurance placement. She joins …
In dueling press releases both Allied World Assurance and Validus Holdings reaffirmed their respective positions in their competing efforts to acquire the outstanding shares of Transatlantic Holdings, Inc. Bermuda-based Validus noted that it had “delivered to the Board of Directors …
A Canadian law designed to make it easier to bring class action suits against companies that mislead investors has all sides frustrated as it faces its first real-world tests. Changes to the Ontario Securities Act that came into effect in …
