Monthly Archives: <span>June 2012</span>

AXIS Appoints Butt to Replace Charman as Chairman

Bermuda-based AXIS Capital Holdings Limited announced that its Board of Directors has appointed Board member and former Chairman Michael A. Butt as non-executive Chairman of the Board of Directors. He succeeds John R. Charman following the decision by the Board …

So. Korea to Halt Iran Oil Imports as EU Insurance Ban Bites

South Korea became the first major Asian consumer of Iranian crude to announce a halt to imports after the government said they would be suspended from July 1 due to a European Union ban on insuring tankers carrying Iranian oil. …

Europe’s Tower of Babel Hampers Solution to Euro Crisis

As Europe considers a leap towards closer integration to try to save the euro single currency, it resembles the biblical Tower of Babel – unable to complete an ambitious project because the residents don’t speak the same political and economic …

Tropical Storm Debby Drenches Florida

Tropical Storm Debby whipped Florida with bands of drenching rain Monday while its center was nearly stationary in the Gulf of Mexico. Its slow progress meant the most pressing threat from the storm was flooding, not wind. Tropical storm warnings …

Geico Spends 6.5% of Premiums on Advertising

Geico, billionaire investor Warren Buffett’s auto insurer, spent far more than property insurance peers on advertising in 2011, both on an absolute basis and as a percentage of the business the company wrote, according to a new study. Data provider …

Argo Pro Introduces New Cyber Liability Product

Argo Pro, a member of Argo Group International Holdings, Ltd. has introduced a new cyber liability insurance product – information & Professional Risk Playbook(iPRP)– designed to address the exposures businesses face from their increasing reliance on information technology. In addition, …

Va.-Based Broker Rutherfoord Appoints Employee Benefits Leader

Rutherfoord, a Marsh & McLennan Agency LLC (MMA) company, appointed Guy Morrison, a 20-year veteran of the employee benefits industry, as executive vice president of employee benefits.In this newly created position, Morrison will oversee the development and strategic execution across …

Insurance Center of New England Appoints New Sales Representative

The Insurance Center of New England, an independent agency headquartered in Agawam, Mass., appointed industry veteran Laurie Brunton as a personal lines sales representative.Brunton brings two decades of personal lines insurance experience to her position at the Insurance Center of …

How to Stand Out at Trade Shows

Trade shows and conventions are a great way to increase brand awareness and make new connections. However, all the other companies (including your competitors) are set up right next to you, battling for brand awareness and competing for contacts. Want …

Maryland Teens Rebuild Vermont Homes Destroyed by Irene

A group of Maryland teenagers is helping rebuild two Vermont homes nearly destroyed last year by flooding from Tropical Storm Irene. The group calls itself DreamBuilders, and the members came to the White River Junction area from churches and synagogues …