A new report from Marsh has concluded that “despite the global recession, the commercial insurance market remained stable in the second half of 2009. This provided many organizations across Europe, the Middle East and Africa (EMEA) with opportunities to enhance …
Nearly 30 percent of people have cleaned up their social networking profiles for job interviews, and the economic downturn has made them more cautious about postings on social media sites. A new telephone survey sponsored by the Chubb Group of …
Willis Group Holdings Chairman and CEO Joe Plumeri, speaking to a meeting of insurance executives at Willis’ London headquarters, reiterated the broker’s long standing position that it would not accept contingent commissions. Plumeri explained that disclosure of broker and agent …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382, which is managed by Hardy Underwriting Agencies Ltd (HUA). Best also affirmed the ICRs of “bbb” …
Two commuter trains collided head-on near Brussels yesterday morning, killing 18 people, and injuring another 150, 55 seriously. The crash occurred during the morning rush hour with more than 300 people aboard the trains. Rescue efforts were hampered by freezing …
Legislation aimed at protecting New Mexico’s spaceport from liability while the commercial space industry tackles the hazards of space flight was approved by a 37-0 vote in the state Senate. The approval is a victory for spaceport director Steve Landeene, …
Keystone Insurers Group (KIG) is continuing its expansion in Kentucky. The company announced it has added Rowland Insurance and Rudd Insurance to its growing list of partner agencies in Kentucky. These two firms join KIG’s network of more than 200 …
Internet Truckstop, an Internet-based load board in the transportation industry, now provides CargoMate as part of its decision support offerings for members. CargoMate, available exclusively at Truckstop.com, allows carriers, freight brokers and shippers to find affordable, per load cargo insurance, …
Fire investigators will start today to try to find out what sparked a blaze that destroyed a feed storage building at the Cumberland Valley Business Park in central Pennsylvania. Firefighters from the nearby Letterkenny Army Depot Fire Department say flames …
Liberty Mutual Insurance Co. last Friday asked a federal judge to undo part of a recent settlement by a reinsurance unit of Warren Buffett’s Berkshire Hathaway Inc. with federal investigators, saying it was a victim of fraud. The reinsurer, General …
