Latest Ocean Marine Headlines
All the headlines from our Ocean Marine Topic Page, ordered by recency.
UK PM Seeks Law Change to Allow Armed Guards on British Vessels
Oct 31 2011 // UK Prime Minister David Cameron announced plans to amend British law to allow UK registered vessels to employ armed guards as security, when they are transiting dangerous waters – mainly those off the coast of...
Ongoing Pirate Menace Triggers Special Coverage, Security Measures
Oct 25 2011 // “Pirates of the Caribbean” they aren’t. They are for the most part desperate men from a failed state that have discovered that one of the world’s oldest professions offers wealth and power, if...
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Sep 5 2011 // David J. Bresnahan has been named president of Lexington Insurance Co., the surplus lines unit of Chartis Insurance. He is succeeding Peter Eastwood, who is moving into his new role as president and chief executive officer...
Martino Named President of Travelers Ocean Marine
Aug 11 2011 // The Travelers Companies Inc. in Hartford has appointed Raymond T. Martino as the president of Ocean Marine. Martino is responsible for the overall leadership and management of the ocean marine unit, which provides...
XL Names DeSimone President of U.S. Marine Operation
Aug 8 2011 // XL Insurance has appointed Richard DeSimone to the new position of president of its U.S. Ocean and Inland Marine unit. Prior to joining XL Insurance, DeSimone served as president of the Travelers Insurance Ocean Marine...
Cooke to Head Lloyd’s Marketform Marine Cargo Underwriting
Apr 28 2011 // London-based specialist Lloyd’s insurer Marketform announced that experienced London Market underwriter Gary Cooke will join the company effective June first, as head of Marine Cargo Underwriting. “After two...
London Ship Insurers Add Libya to ‘High-risk’ List
Mar 4 2011 // London’s marine insurance market has added Libya to a list of areas deemed high risk as violence escalates in Africa’s third-largest oil producer, a senior market official said on Friday. Libyan rebels vowing...
Iran Oil Tanker Operator Says Ship Insurers Decline to Renew Coverage
Feb 18 2011 // Iran’s biggest crude oil tanker operator, NITC, said on Friday that its club of ship insurers had declined to renew policy cover for the coming year due to the impact of tightening sanctions in the European...
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Feb 7 2011 // Great American Insurance Group, headquartered in Cincinnati, Ohio, announced that Michael G. “Mike” Liguzinski will succeed John W. Sullivan as divisional president, Specialty Human Services Division, upon...
Gencorp Adds Shaker, Audette to Ocean Marine Team
Feb 4 2011 // Rhode Island-based Gencorp Insurance Group appointed K. Douglas Shaker as marine account manager and Kyle Audette as marine account assistant. Shaker has been with Travelers in Hartford for the past 10 years as a business...
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Jan 24 2011 // Incoming Oklahoma Insurance Commissioner John Doak has appointed 10 members of his staff to lead the Oklahoma Insurance Department: Mike Rhoads is deputy commissioner of Health Insurance; Denise Engle is deputy...
Industry: Great Lakes Cargo Shipping Way Up in ’10
Jan 21 2011 // Shipments of bulk cargo such as iron ore on the Great Lakes jumped by one-third last year, a hopeful sign for a region battered by the recession, an industry spokesman said Jan. 19. The Lake Carriers Association credited a...
Bernas Promoted to AVP, Ocean Cargo at CNA
Jan 6 2011 // CNA has promoted Mark Bernas to assistant vice president of Ocean Cargo division. In this role, Bernas will manage the growth and profitability for Ocean Cargo. He replaces Charles Maurer who recently retired from CNA...
FACTBOX: 25 Ships and Crews Still Held by Somali Pirates
Dec 28 2010 // Somali pirates have released the Marida Marguerite, a German-operated chemical tanker after receiving a $5.5 million ransom, the Kenya-based East African Seafarers Assistance Program said on Tuesday. The tanker was seized...
Pirates Hijack Cargo Ship with 25 People aboard off India
Dec 7 2010 // Suspected Somali pirates hijacked a Bangladeshi ship carrying nickel ore in the Arabian Sea and appear headed to the lawless East African nation, officials said Monday. The Bangladesh-flagged M.V. Jahan Moni appears to...
Aspen Insurance Adds Inland Marine, Ocean Marine Cargo Insurance
Nov 18 2010 // Aspen Insurance now offers inland marine and ocean marine cargo insurance products in the U.S. Aspen will utilize both broker and agency distribution and will consider specialized managing general agents for select lines...
ACE Makes Marine Appointments
Oct 14 2010 // ACE Global Markets (AGM) announced key appointments as part of a restructuring of its Marine team in London, as follows: Mike Reynolds has been promoted to Class Underwriter for the Marine Hull and Marine Liability...
CNA Names Ryszetnyk, Ecoff to Ocean Marine Unit
Aug 9 2010 // CNA announced two appointments in its Ocean Marine operation. John Ryszetnyk recently joined as assistant vice president and Roger Ecoff as Risk Control consulting director. In his role, Ryszetnyk manages the Hull and...
People
Apr 19 2010 // Wells Fargo Insurance Services has named Wayne Marchant as senior vice president and Southeast region healthcare practice leader. He will be based in Savannah. Prior to joining Wells Fargo Insurance Services, Marchant was...
People
Apr 5 2010 // Accident Fund Insurance Company of America, based in Lansing, Mich., appointed Lisa Riddle the new vice president of Claims and Medical Operations. In her new role, Riddle is responsible for the strategic direction of...
