Monthly Archives: <span>May 2014</span>

Mariners General Names Mallard to Head Florida Operation

Mariners General Insurance Group has named Richard Mallard to assume operations of the company’s regional office in Bradenton, Florida. Mariners Insurance provides insurance for boats, yachts and marine businesses. Mallard comes to Mariners General after having managed his own insurance …

Security Expert Practices ‘Cyber-Hygiene’ to Guard Against ID Theft

You won’t find security expert Michael Chertoff doing silly everyday things like using public WiFi, logging in with the same password on every site he uses, clicking on dubious links or falling for a phishing scam. Chertoff, former secretary of …

Global Insurers Plan to Increase Risk in Portfolios: Goldman Sachs Survey

Global insurance firms are embracing risk in their portfolios this year, as they plan to increase allocations to alternative investments such as private equity and infrastructure debt, according to the third annual survey by Goldman Sachs Asset Management released on …

Best Reports Competition, Top-Line Growth Affected Saudi Insurers in 2013

A report from A.M. Best notes that “Saudi Arabia’s insurance market remains one of the main markets within the Gulf Cooperation Council (GCC), with premiums expected to surpass the United Arab Emirates over the next five years. “The insurance market …

Australia Issues Further El Nino Alert as Event Seen Developing

Australia issued an El Nino alert on expectations the weather-altering pattern will probably develop as early as July, potentially bringing drought across the Asia- Pacific region and heavier-than-usual rains to South America. The tropical Pacific Ocean has warmed steadily in …

Willis Appoints Everling Netherlands CEO

Willis Group Holdings plc has appointed Jeroen Everling as CEO of Willis Netherlands (Willis BV), effective June 1, replacing interim CEO Alistair Lester, who will continue to support Willis BV in a non-executive capacity. Willis said: “Everling has almost 17 …

Wells Fargo Completes Sale of 40 Regional Insurance Offices to USI

Wells Fargo Insurance has completed the sale of 40 of its smaller regional insurance brokerages and consulting offices to USI Insurance Services. Wells Fargo said the sale, first announced in January, is part of its strategy to concentrate on markets …

West Virginia Judge Allows City’s Chemical Spill Investigation to Continue

A Putnam County judge has ordered a Hurricane landfill where wastewater from a Charleston chemical spill was dumped to produce documents sought by the city of Hurricane in its investigation. Circuit Judge Phillip Stowers ruled that Hurricane has a right …

Some In Tupelo Say Warning Sirens Never Sounded Before Tornado

Some people in Tupelo are saying that warning sirens failed to sound before a tornado struck the city Monday afternoon. Resident LaShona Jamison, who has a siren in her backyard, told WTVA-TV that the siren never activated. “It never went …

Selective Insurance Group in New Jersey Announces Officer Appointments

Selective Insurance Group in Branchville, N.J., announced the following appointments by its subsidiary, Selective Insurance Company of America. Thomas Case has been named vice president, Business Intelligence & Analytics. He is based in Branchville, N.J. Case joined Selective in 1981 …