According to the Q4 Issue of Airline Insight, from Willis Group Holdings, “unprecedented levels of competition, growth in exposures and low loss levels are driving premium reductions for insurance buyers during the busy airline renewal season.” The report noted that …
Zurich Insurance Group AG, Switzerland’s biggest insurer, says a business unit selling insurance to corporate clients will become more important as the companies expand abroad. “Companies growing beyond their border is a trend that will last,” Thomas Huerlimann, head of …
Willis Group Holdings announced the appointment of Seth Peller to the newly created role of Global Head of Casualty, effective January 2014. He is based in New York and reports to Dominic Samengo-Turner, Global Head of Broking and Products. Peller …
A group of Louisville residents who say coal ash from a nearby power plant drifts into their lungs and homes have sued the utility company. The neighbors are seeking class-action status against LG&E and its Allentown, Pa.-based parent company, PPL …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, announced the appointment of Joe Smith as chief executive officer of its Chile team. Smith has been with Aon for more than 20 years, having previously worked in …
The Kansas Geological Society is investigating whether a recent earthquake in southern Kansas might have been caused by oil production practices in the area. But KGS interim director Rex Buchanan said it might be difficult to determine if the 3.8 …
Arkansas lawmakers have narrowly approved a $10.6 million grant to continue operating the insurance marketplace under the federal health overhaul, despite objections from some legislators over the law’s rocky start. The Arkansas Legislative Council approved the grant on a 21-18 …
A northern New Jersey chiropractor was sentenced to state prison for causing false documentation to be submitted to insurance companies and subsequently receiving over $89,000 to which he was not entitled. Joseph Salomone, 45, of Nutley, N.J., was sentenced last …
Business Risk Partners, a Windsor, Conn.-based managing general agency focused on specialty commercial insurance, recently added three new underwriters. Elizabeth Chapin Martinelli was hired as a miscellaneous professional liability underwriter. With nearly 10 years of experience in the insurance industry, …
Vermont’s Federal Emergency Management Agency office closed its doors last Friday, Dec. 20, after more than two years of helping the state recover from flooding caused by Tropical Storm Irene, but the agency will continue to process property buyouts and …
