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Towers Perrin, Watson Wyatt Complete Merger

Towers Watson & Co. has completed the merger of Towers Perrin and Watson Wyatt. The transaction to form Towers Watson, a global professional services company, was announced on June 28, 2009. Watson Wyatt CEO John Haley will serve as Towers …

Idaho Schools Among Driving Safety Grant Winners

Students at two high schools in southwestern Idaho are getting grants to launch campaigns aimed at preventing reckless teen driving. State Farm Insurance says Melba High School and Kuna High School are among the 20 schools in the Pacific Northwest …

Flood Insurance Getting Cheaper in Lincoln, Nebraska

City officials in Lincoln, Neb., say an upgrade in Lincoln’s rating will save property owners more money on their flood insurance. A news release from the office of Mayor Chris Beutler says the city rating went from class 7 up …

Ryland Named Armour Re Sr. VP

Bermuda-based Armour Reinsurance Group Holdings Limited announced the appointment of Steve Ryland as Senior Vice President of the Group. His experience is in the areas of insurance run-off and the provision of services to discontinued insurance and reinsurance entities. Ryland …

Cap on Fines Against Insurance Agents Rises in North Dakota

Possible insurance department fines against insurance agents who violate North Dakota laws governing their conduct are increasing from a maximum of $1,000 to $10,000 per incident. Insurance Commissioner Adam Hamm said the change was motivated by some high-profile cases that …

Cargo Ship and Tanker Hijacked off Somali Coast

A cargo ship and a chemical tanker have both been hijacked by pirates in the perilous waters off the coast of Somalia, bringing to four the number of ships seized in the past week, officials said Saturday. The multiple hijackings …

Ahlborn Named Vice President, Treasurer of HCC Insurance Holdings

Frank H. Ahlborn has been appointed vice president and treasurer of Houston-based HCC Insurance Holdings Inc. Ahlborn joins HCC with more than 15 years’ experience in insurance product analysis and development, reinsurance funding solutions, fixed income structuring and capital raising. …

Willis Completes Change in Country of Incorporation to Ireland

Willis Group Holdings announced that its reorganization has been completed and the new parent company of the Willis Group – known as Willis Group Holdings Public Limited Company (PLC) – is incorporated in Ireland. Willis first announced the reorganization in …

Oregon Man Files Lawsuit Over Defective Baby Hammock

A Gresham, Ore., man has filed a lawsuit against baby product maker Amby Baby Motion following the death of his five-month-old boy in August. The death was the second linked by the U.S. Consumer Product Safety Commission (CPSC) to a …

Torus Appoints Richardson, Sr.VP for Human Resources

Global specialty insurer Torus has named Jackie Richardson as Sr. VP, Head of Global Human Resources. She reports to Global Chief Operating Officer, Naveen Anand, and will “implement and lead the Human Resources strategy for the Group worldwide,” said the …

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