June 3, 2010
Bolton & Co. announced that Jeannie DeLaura and Michelle Jackson have joined the company as assistant vice presidents. DeLaura will be a property/casualty producer with a focus in the technology industry. Jackson will join the Education Practice Group as a …
June 3, 2010
Guy Carpenter, Marsh’s reinsurance brokerage and risk assessment division, has published “Terrorism: Reinsurers Standing By.” It concludes that “insurers and reinsurers have become increasingly sophisticated in their use of expert advice to monitor the political climate and dynamic nature of …
June 3, 2010
Mark Croucher, an insurance agency owner in Jenks, Okla., has announced his candidacy for the office of state insurance commissioner. Croucher, who specializes in health, life and senior oriented insurance products, began his career in the insurance industry in 1997. …
June 2, 2010
Chartis has renamed one of its divisions as Growth Enterprises, replacing the previous division name, Small Business. Growth Enterprises, established in 2001, delivers products and platforms to growing companies in a wide range of industries. Based in Berkeley Heights, New …
June 2, 2010
Maryland Gov. Martin O’Malley has a new proposal aimed at boosting the amount of venture capital for businesses like bioscience companies. The governor rolled out the proposal on Tuesday during a speech to academic, business and government officials in Rockville. …
June 2, 2010
Insurance Australia Group (IAG) has announced that “due to a significant deterioration in UK claim experience, in particular bodily injury claims, it had conducted a further independent actuarial review of its UK business. “As a result, in FY10 the Group …
June 2, 2010
Ironshore Canada has entered into the financial and professional lines market, naming Dane Hambrook, vice president, to head the division. Ironshore Canada’s Financial and Professional Lines division will provide liability coverages for directors & officers, errors & omissions, employment practices, …
June 2, 2010
AXA, AXA Asia Pacific Holdings Limited (AXA APH) and National Australia Bank Limited (NAB) announced that they have agreed to “extend until July 15, 2010 end of day the agreement relating to the proposed transaction whereby NAB will acquire 100 …
June 2, 2010
M.J. Hall and Co. Inc. has opened an office in Fresno, California. This addition of the office will better serve pre-existing producers in Fresno as well as grow M.J. Hall’s production in the excess and surplus lines market in central …
June 2, 2010
The Bermuda Monetary Authority has begun conducting a pilot of its internal capital model (ICM) review process with selected Class 4 companies, the largest commercial (re)insurers in the Bermuda market. “The ICM framework will allow (re)insurers to use their own …