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RMS Summarizes ‘Cat Peril’ Conclusions in CEIOPS Report

Court Tosses New York Subway Fall Suit After $2.3M Award

A jury said he deserved $2.3 million, but appeals judges have thrown out a lawsuit filed by a man hit by a New York City subway train after drunkenly falling on the tracks. A decision released Tuesday says jurors didn’t …

Marsh Appoints Woolley and Petit-Lambotte as EMEA P/C Leaders

Marsh has appointed Caroline Woolley as Property Practice Leader, and Alain Petit-Lambotte as Casualty Practice Leader, for Europe, the Middle East and Africa (EMEA). A bulletin from Marsh’s London office explained that the new leaders are “part of its drive …

Last Chance: Insurance Journal Top 100 Agencies

The deadline is here! Last chance to join the ranks of the industry leaders among privately-held retail independent insurance agencies by completing this quick survey for the 2010 Insurance Journal Top 100 P/C Independent Agencies listing. The deadline for entries …

Catlin Makes Board Changes

The Bermuda-based Catlin Group Limited has announced the resignation of Michael Harper from the Group’s Board of Directors effective July 1st, 2010 “due to the demands of his other commitments. He was appointed as Senior Independent Director of Catlin in …

Illinois School District Insurance Cooperative Distributing First Dividend

Associated Risk Managers (ARM) of Illinois, based in Itasca, Ill., announced that the Prairie State Insurance Cooperative (PSIC) has presented its first dividend distribution at its Annual Members’ Meeting, just four years after the program’s inception. The school districts that …

UK Broker Price Forbes Launches Treaty Reinsurance Division

Price Forbes & Partners, an independent, London-based specialist insurance broker, announced the expansion of its business through the establishment of a Treaty Reinsurance Division. Starting October first, the newly-formed division will be lead by Paul Bumpstead as Managing Director, Reinsurance. …

Boldt Named Texas Accredited Customer Service Rep. of the Year

The Independent Insurance Agents of Texas (IIAT) honored Stacey Boldt, assistant branch manager with Town & Country Insurance in Galveston, with the Accredited Customer Service Representative (ACSR) of the Year award at IIAT’s 113th Annual Conference and Trade Show on …

Aegon May Sell Transamerica Re; to Concentrate on UK Units

Dutch insurer Aegon NV is considering the sale of its U.S.-based Transamerica Reinsurance unit but has decided not to sell its UK arm, as it seeks to concentrate on its most profitable activities. Aegon said on Tuesday any proceeds from …

Marshall Joins ASI Healthcare’s Liability Sales Team in Atlanta

Paul Marshall has joined ASI Healthcare in Atlanta, a division of American Safety Insurance, as vice president of sales in ASI Healthcare Division. Marshall will be responsible for ASI’s liability products for long-term care services, such as nursing homes, assisted …

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