The pursuit of improved investment returns has become more important for European insurers after a lengthy period when their attention was more focused on non-investment sources of profit, according to a report published by A.M. Best. How an insurer might …
Willis Group Holdings announced the appointment of Thomas Messer as Regional Leader of aviation in Latin America with immediate effect. Messer joined Willis in 2002 and has served in a variety of roles within the aerospace re/insurance market – most …
Global broker Cooper Gay Swett & Crawford (CGSC) has appointed three senior officers to its board of directors with immediate effect. Shaun Hooper, CEO of CGSC International, Gordon Newman, CEO of CGNMB and Thomas P Ruggieri, CEO & President of …
A lack of guidance from the Federal Aviation Administration and improper training were significant factors in the midair collision of two skydiving planes over northwestern Wisconsin about two years ago, according to aviation investigators. The National Transportation Safety Board has …
Houston police say a man has been accused of starting an apartment complex blaze on July 28 that left three firefighters slightly hurt. Houston City Jail records show 18-year-old Danny Isidoro was being held on a charge of reckless arson. …
A public-private, cyber-catastrophe reinsurance arrangement would improve the UK’s resilience against the growing threat of cyber risks in this interconnected world, according to a cyber report released this week. Given the fact that the current market for cyber insurance is …
The federal Occupational Safety and Health Administration has cited Southcross Energy Partners GP LLC for seven safety violations at its cryogenic natural gas processing facility in Gregory, Texas. Safety officials have proposed penalties of $112,000 against the company. OSHA said …
John A. Davis and Paul B. LeStourgeon have joined The Cincinnati Insurance Co. in its newly expanded reinsurance assumed initiative known as Cincinnati Re. Davis, managing director, head of casualty reinsurance, will oversee the strategic direction, underwriting and marketing of …
The Texas Department of Public Safety (DPS) said during its inspection of 7,865 commercial motor vehicles in June it pulled approximately 21.7 percent, or 1,710, of the 18-wheelers, buses and other commercial vehicles inspected out of service for a variety …
Announcing it assisted 172,913 consumers across the state in 2014, the Michigan Department of Insurance and Financial Services said consumer complaints increased last year compared to 2013. Health insurance generated the most complaints in 2014 with 1,795 formal complaints, followed …
