Under agreements between the Texas Office of Public Insurance Counsel (OPIC), the Texas Department of Insurance, and two subsidiaries of the Hartford Financial Services Group, Texas consumers that purchase homeowner insurance from the Property and Casualty Co. of Hartford or …
EU Energy Commissioner Guenther Oettinger plans to issue additional requirements for operators of oil platforms in European waters in the autumn, he said in a German media interview published on Friday. The requirements would include recommendations for prevention and compensation …
Michael Scalzo has been named Mid-Atlantic branch manager at New York-based insurer Magna Carta Cos. Scalzo succeeds Dennis Christensen who is retiring after 25 years with the Company. Magna Carta Companies operates through Public Service Mutual Insurance Co., Paramount Insurance …
All sixteen members of the Caribbean Catastrophe Risk Insurance Facility (CCRIF – www.ccrif.org) have renewed their policies for hurricane and earthquake coverage for the 2010/11 year beginning on June first, the start of the hurricane season. The National Oceanic and …
Paulette Lundy has been promoted to vice president of Human Resources for Maryland’s Injured Worker Insurance Fund (IWIF), a workers’ compensation insurer. She previously served as director of human resources at IWIF. Prior to joining the organization in 2007, she …
A.M. Best Co. has upgraded the issuer credit rating to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of UK-based Markel International Insurance Company Limited (MIICL), both with stable outlooks. Best said the rating upgrade reflects …
NationAir Aviation Insurance President Jeff Bauer announced that the West Chicago, Ill.-based company has been selected by XL Insurance to serve as a broker in the Cessna Affiliates Insurance Program. The program offers preferred rates and other benefits for Cessna …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 3000, both with stable outlooks. The ratings reflect the financial strength of the Lloyd’s market, which underpins the …
FARA Insurance Services, a Mandeville, La.-based provider of claims administration and risk management solutions, has added Cherie Arceneaux Pinac to its senior management team. Pinac will serve as vice president for FARA’s Louisiana State Office of Risk Management Account based …
Willis Re, the reinsurance arm of Willis Group Holdings announced the appointment of James Byng Property Resource Group Leader for its International and Specialty reinsurance business. He will assume this new position on August 1, 2010 and will report to …
