Some of the world’s leading clothing brands rely on Chinese suppliers that pollute rivers with toxic, hormone-disrupting chemicals banned in Europe and elsewhere, the environment group Greenpeace said on Wednesday. Adidas, Nike, Puma, Calvin Klein, Lacoste, Abercrombie and Fitch and …
The Association of British Insurers has underlined its members’ determination to actively pursue the fraudsters and cheaters who cost the UK’s insurers £2 billion [$3.22 billion] a year in fraudulent claims, which add an “extra £44 [$70.90] a year to …
Ironshore Inc. has expanded its international platform to the Australian market to provide access to specialty insurance coverages for large, complex corporate risk. David Rogers has been appointed managing director of Ironshore Australia Pty Ltd. to lead the initiative, reporting …
Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, has expanded to offer property and casualty insurance coverage to owners of high-value homes in Michigan. Benefits include $50,000 of coverage for jewelry that is lost, misplaced or stolen at $25,000 …
UK broker Miller Insurance Services Limited announced two promotions in London, effective immediately, in support of its continued growth. Greg Collins has been appointed Chief Operating Officer with responsibility for Business Services (HR, IT, Marketing & Communications, Operations and Facilities). …
ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, has launched ACE Westchester Elite Premises Pollution Liability form. The new policy provides a package of pollution coverages and offers additional enhancements for the risks and exposures faced by …
Louisiana is now participating in an agreement designed to help states efficiently comply with the requirements of the federal surplus lines regulations that become effective later this month. Insurance Commissioner James Donelon signed the agreement on behalf of Louisiana to …
A commercial lines insurer is on a mission to sign a number of independent agents— as many as 100 of them —within the next 100 days. From July 12 through October 12, South Carolina-based Accident Insurance Co. (AIC) will be …
The Allstate Corp. announced $0.3 billion, pre-tax, in estimated catastrophe losses for the month of June 2011. June catastrophe losses comprised 13 events. Allstate previously announced $2.0 billion in estimated pre-tax catastrophe losses for the months of April and May …
Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor has revoked the insurance licenses of several resident and non-resident agents. The following revocations became effective on June 27: The resident insurance agent license of Troy Tripp, of Litchfield, Ohio. …
