Aon Risk Solutions, the global risk management business of Aon plc, recently hired Edward Reilly and Joseph Russo as senior vice presidents in the construction services group.Both Reilly and Russo are based in Aon’s New York office.
Consolidated Insurance Agents, an exclusive network of independently owned and operated insurance agencies in New Jersey, added two new agencies to its network last month.The Michaels Agency Inc. of Sewell, Gloucester County, and The Bixler Group LLC of Kearny, Hudson …
It appears that bad drivers live shorter lives than good drivers and not just because they get in accidents. The same motor vehicle driving records already widely used to help determine how much a consumer pays for car insurance can …
Japanese insurers are expanding their maritime coverage to allow more domestic tankers to transport Iranian crude, as Tokyo looks to keep oil flowing despite tough Western sanctions, industry sources said on Wednesday. Japan, Iran’s third biggest oil buyer, is expected …
Offer all clients higher liability limits. One of the most common E&O claim examples virtually ever producer and CSR knows is this: What happens if an insured has a large liability claim and they don’t have high enough limits, and …
It may be better to think of the outbreak of negative interest rates as simply another weapon in an ongoing and global low-grade currency war. It’s not that negative interest rates – under which investors pay for the privilege of …
Russian lawmakers voted on Tuesday to ratify accession to the World Trade Organization, bringing the world’s largest country into the club that sets global trade rules after a tortuous 18-year negotiating marathon. The lower house vote, carried by a majority …
Fitch Ratings has affirmed Lloyd’s of London’s Insurer Financial Strength (IFS) rating at ‘A+’, and the Society of Lloyd’s Long-term Issuer Default Rating (IDR) at ‘A’ as well as Lloyd’s Insurance Company (China) Ltd’s IFS rating at ‘A+’. All three …
A bulletin from the Association of British Insurers (ABI) indicates that “while insurers reacted quickly to help customers hit by last August’s riots, the riot compensation scheme has failed too many Londoners.” Presenting the figures at the London Assembly the …
A study from Allianz Global Corporate & Specialty (AGCS) warns that “man-made space junk poses a serious threat to all space vehicles including those with humans on board.” The report goes on to explore possible ways to clean up space. …
