June 20, 2012
A British company said Tuesday it has cancelled insurance for a Russian ship it says was carrying munitions to Syria – a shipment the British government says included refurbished military helicopters. U.K.-based insurer Standard Club said in a statement that …
June 20, 2012
For the second time in four days, the former co-owner of a once prominent marketer of auto service contracts has pleaded guilty. Cory Atkinson of Lake St. Louis, Mo., on June 18 pleaded guilty to federal charges including conspiracy to …
June 20, 2012
Illinois-based global insurance broker Arthur J. Gallagher & Co. has acquired Whitehaven Insurance Group, Inc. in Gulf Shores, Alabama. Terms of the transaction were not disclosed. Founded in 1994, Whitehaven Insurance Group is a retail insurance broker offering personal and …
June 20, 2012
A lawsuit filed over the wreck of a tour bus in south-central Kentucky this month contends the driver was operating the bus in a “crazed” manner, had been consuming high-energy drinks and was driving too fast on the winding country …
June 20, 2012
The Occupational Safety and Health Administration is ordering railroad operator Norfolk Southern to pay more than $800,000 for firing a South Carolina worker and two others after they reported injuries on the job. Safety officials said that the incidents are …
June 20, 2012
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and downgraded the issuer credit ratings (ICR) to “a” from “a+” of Wisconsin-based Church Mutual Insurance Company. The outlook for both ratings is stable. The rating actions …
June 20, 2012
Insurance software company Applied Systems announced that Jeffrey D. Purdy has been appointed senior vice president and general manager of Applied Systems Canada. He is an Ontario native and a Canadian insurance industry veteran. Purdy will be responsible for Applied …
June 20, 2012
London-based GAC Protective Solutions, a company specializing in providing onboard crew training, pre-voyage preparation and defensive configurations for vessels traveling into high risk areas, has indicated that “non-lethal measures” are the “long-term key to combating sea crime.” GAC’s Group Vice …
June 20, 2012
David F. Snyder, vice president and associate general counsel at the American Insurance Association, has issued a statement endorsing Mexico’s invitation to join the Trans-Pacific Partnership (TPP). The proposed agreement will seek to promote and enhance trade and economic growth …
June 20, 2012
Willis Group Holdings announced the appointment of Luigi Giancristofaro as CEO for its reinsurance operations in Brazil (Willis Corretora de Resseguros Ltda). He is based in Rio de Janeiro, and is primarily responsible for the broker’s Brazilian wholesale business. He …