Keystone Insurers Group has named Kaye Garruto as its new Georgia state vice president. A 22-year veteran of the insurance industry, Garruto most recently was the vice president of operations for FCCI’s Insurance Group’s Atlanta office. She has also held …
Selected earnings highlights from Swiss based ACE Limited for the second quarter and the first half of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $5.653 bn $5.423 bn Net premiums written ————— $4.130 bn $3.953 …
I’m in New Orleans at a conference on Preparing the Gulf Coast for Extreme Weather. Its lead sponsor is a reinsurer, the Institute for Building and Home Safety is here, and there are lots of insurance people around. The preponderance …
The bulldozer was clearing land outside a day care center in Hapeville, Ga., when it broke open a buried 1-inch pipeline. The escaping gas ignited into a fireball that killed nine people, including seven children settling down for their afternoon …
The West Virginia Supreme Court has set an October argument date to consider the issue of whether Mine Safety and Health Administration inspectors can be held liable for coal miners’ deaths. A federal appeals court in Richmond last week ruled …
Trucking companies in Georgia that run afoul of safety rules can simply shut down and reopen with a name change. The barriers to starting a trucking company are low, according to a review by The Atlanta Journal-Constitution that found problems …
Transocean and BP, trade associations, and U.S. regulators largely judged the safety of offshore facilities by focusing on routine personal injury and fatality data such as dropped objects and trips and falls when they should have been more focused on …
According to catastrophe modeling firm AIR Worldwide, Typhoon Vicente, the 8th named storm to form in the Northwest Pacific this year, struck Hong Kong at 4 a.m. Tuesday (July 24, 2012). Accompanied by heavy rains, a central pressure of 950 …
Political risk insurance against conflict or breach of contract has become a key factor for investors seeking higher returns in developing markets in Africa, Asia and the Middle East. Indeed, the euro zone economic crisis and low returns in other …
Dutch bank and insurer ING, forced to sell assets in return for receiving state aid during the financial crisis, said on Tuesday it was in talks with the Dutch government and the European Commission over an amended restructuring plan. The …
