January 21, 2010
Willis North America (WNA), a unit of Willis Group Holdings (NYSE:WSH), named Alastair Swift to its senior management team as chief placement officer, effective immediately. Swift will report to Don Bailey, chairman and CEO, Willis North America, and will relocate …
January 20, 2010
MetLife Inc. is in talks to buy AIG’s American Life Insurance Co (Alico) unit in a deal that could be valued between $14 billion and $15 billion, a source familiar with the matter said Tuesday. Nothing has been finalized yet …
January 20, 2010
The Securities and Exchange Commission today charged General Re Corp. for its involvement in separate schemes by American International Group (AIG) and Prudential Financial, Inc. to manipulate and falsify their reported financial results. The SEC said Gen Re agreed to …
January 20, 2010
In a stunning blow to President Barack Obama, Republican Scott Brown won a bitter U.S. Senate race in Massachusetts Tuesday and promised to be the deciding vote against his sweeping healthcare overhaul. Brown’s win robbed Democrats of the crucial 60th …
January 20, 2010
Two leading Republican candidates for governor in Georgia have already turned to hefty lines of bank credit to help pump up their campaign finances months before the primary in July. State Insurance Commissioner John Oxendine and U.S. Rep. Nathan Deal …
January 20, 2010
The San Diego Open found a title sponsor one week before its tournament, the fourth new sponsor the PGA Tour has attracted in the last nine months. The tour said that Farmers Insurance Group has agreed to be title sponsor …
January 20, 2010
Caribbean Risk Managers Ltd. (CaribRM) has published an updated report on the earthquake in Haiti, which gives precise details concerning the unfolding of the event. It continues with an examination of the damages it caused, both on the ground and …
January 20, 2010
Torus announced that it is in the process of establishing a London-based property tem to serve the UK. David Ring joins the Company to lead the new operations as UK Head of General Property. He is responsible for managing and …
January 20, 2010
Betsy Enloe has been appointed vice president of technology at Specialty Risk Services, a subsidiary of The Hartford that specializes third party administration for workers’ compensation and liability claims Enloe, who will be based in Hartford, Connecticut, will work with …
January 20, 2010
The Vermont Supreme Court says a landowner can sue the president of the Vermont Asbestos Group over contamination on property next to a former asbestos mine in Eden and Lowell. The Supreme Court has overruled a lower court’s decision, saying …