UK-based broker Jardine Lloyd Thompson announced a major expansion of its JLT International Network in Continental Europe and the CIS countries. “Three of Europe’s leading independent insurance brokers, SIACI SAINT HONORE (S2H), GrECo Group (GrECo) and Ecclesia Group (Ecclesia) have …
Houston-based IMS Insurance Market Solutions announced that Mary E. Travis is joining the company as vice president of Contract Underwriting, effective Aug. 23, 2010. Travis is well known throughout the insurance industry having been a lead commercial underwriter in the …
The UK’s insurers are detecting more fraudulent insurance claims than ever according to figures released by the Association of British Insurers. The ABI said that insurers had received over 2,000 dishonest insurance claims every week in 2009, worth more than …
The Lake Delhi dam in eastern Iowa failed July 24 as rising floodwater from the Maquoketa River ate a 30-foot-wide hole in the earthen dam, causing water to drop 45 feet to the river below and threatening the small town …
Lloyd’s Chairman Lord Levene, speaking at a recent Lloyd’s seminar in Rio de Janeiro, gave high marks to the successful establishment the Lloyd’s market has made in Brazil, describing it as “uniquely qualified to support Brazil in its transformation into …
Kansas regulators have suspended the license of a Wichita insurance agent in a rare emergency order spurred by a federal investigation over alleged fraud linked to the trust of an elderly woman. The action was taken against former State Farm …
Investors hoping for improved results from Canada’s insurers may want to brace for disappointment, with weak stock markets and lower bond yields seen taking take a bite out of quarterly earnings. Analysts said the weaker results expected for the second …
Texas independent insurance agent Gordon Sorrel, credits the power of niche marketing with contributing to the growth his agency has experienced during the last year, despite the soft market and general economic turmoil. Sorrel’s agency, Texas Insurance & Financial Services …
Massachusetts-based Provider Insurance Group, has hired Michelle Ryan as business development manager. Ryan will be responsible for acquiring new clients and expanding existing client accounts in the personal lines division. She will also support the producers in their new business …
A.M. Best Co. has placed under review with negative implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Risk Management Association of Illinois-based Residential Construction Employers Council (RMA). The rating actions reflect Best’s “inability …
