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Nevada Reminds Producers, Insurers of New Insurance Card Law

Starting February 1, Nevada motorists will be required to present proof of insurance at the Department of Motor Vehicles when registering a vehicle for the first time. To assist Nevadans who might not be aware of this new requirement, Insurance …

Munich Re to Post $3.57 Billion 2009 Profit; 95.3% Combined Ratio

Munich Re announced that according to its “preliminary calculations” consolidated profits increased “significantly” in 2009 to €2.56 billion [$3.57 billion, compared to €1.58 billion [$2.2 billion] in 2008. Profits for the fourth quarter of 2009 were €780 million [$1.087 billion], …

Union General Insurance Offers Vacant Market to California Producers

Union General Insurance Services Inc. of Concord, Calif., has a vacant market avaialble to California agents. An a “A+” rated carrier is offering package coverage, general liability and property for vacant properties. Coverage is available for all types of habitational …

Tannock Named XL Insurance President

XL Insurance, the global insurance operations of XL Capital, announced the appointment of Patrick Tannock as President of XL Insurance (Bermuda) Ltd (XLIB) and Country Manager, effective as of February 22, 2010. XL’s bulletin noted that Tannock has more than …

Bithell Named Farmers Insurance VP and Chief Underwriting Officer

Los Angeles-based Farmers Insurance Group of Companies has appointed Susan Bithell vice president and chief underwriting officer. In her new role, Bithell will oversee the continued alignment of the company’s underwriting strategy, processes and methodology across a number of business …

Walsom Joins Miller’s Board as Non-executive Director

Roger Walsom has been appointed non-executive director of the UK’s Miller Insurance Investments Limited and Miller Insurance Services Limited. He replaces Ronald Gould, who stood down last September to take up the role of chief executive of Chi-X Asia/Pacific. Walsom …

Commercial General Liability Policy Covers ‘Blast’ Faxes: Florida Court

Commercial general liability (CGL) insurance policies generally cover liability for unsolicited “blast faxes” that violate federal law, a Florida court has ruled. The Supreme Court of Florida issued its ruling Jan. 28 in a case involving a 2003 CGL policy …

Six Experienced Execs Join Aon’s London Aviation Team

Aon announced that it has made six new appointments to its London-based General Aviation team, which specializes in industrial aid and commercial aircraft. “The appointments have been made to further improve business support and create a robust platform for revenue …

Washington Workplace Violence-Related Deaths Climbed in 2009

The slayings last year of six law enforcement officers, as well as several workplace suicides, caused deaths due to workplace violence to spike upward in Washington State, the Department of Labor & Industries (L&I) announced. There were 13 on-the-job homicides …

Bermuda Signs Tax Pact with Japan

Bermuda’s Minister of Finance, the Hon. Paula A. Cox J.P., M.P., announced that the island has signed a bilateral agreement with Japan that provides for a full exchange of information on criminal and civil tax matters between the two countries. …

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