Speaking at the recent TOC Americas Conference in Miami, TT Club’s Senior Underwriter, Dan Negron, outlined his views on future Latin American trade growth and the pressures that this will create on the region’s transport infrastructure. TT Club’s bulletin noted …
Pirates attacked an oil supply vessel off the Nigerian coast and kidnapped the captain and chief engineer, both U.S. citizens, American officials said on Thursday as the Nigerian military ordered its Navy to rescue the men. “We believe this was …
The 2013 Atlantic hurricane season looks set to go down as a big washout, marking the first time in 45 years that the strongest storm to form was just a minor Category 1 hurricane. There could still be a late …
American International Group Inc. hired Seraina Maag from XL Group Plc to run the Europe, Middle East and Africa region as Chief Executive Officer Robert Benmosche reshapes the insurer’s leadership. Maag, 45, will be CEO of the EMEA region and …
Munich Re, the world’s biggest reinsurer, said China will remain its biggest growth market in Asia as it considers countries such as India too unpredictable to step up investment. “Our biggest customers in China are still growing their business by …
California Insurance Commissioner Dave Jones awarded $32 million in grants to district attorneys across 36 counties in the state to combat workers’ compensation fraud. The grants, funded through employer assessments, support law enforcement efforts in investigating and prosecuting workers’ compensation …
Arthur J. Gallagher & Co. has acquired G. S. Levine Insurance Services Inc. in San Diego, Calif. The terms of the transaction were not disclosed. G. S. Levine is a retail insurance broker providing property/casualty, employee benefits and risk management …
Verisk Climate and The Hartford Steam Boiler Inspection and Insurance Co. (HSB) have introduced new technology and consulting services that help insurers and businesses predict the likelihood, severity, and financial exposure of U.S. electrical blackouts, which cause more than $100 …
A 69-year-old Nebraska businessman has been given six months in prison for not paying to the government money he’d withheld for federal taxes. The Lincoln Journal Star says John Clabaugh Jr. was sentenced on Oct. 21 and ordered to pay …
Louisiana lawmakers are being urged to reach out to their colleagues in other states, to draw more attention to dramatic rate increases in flood insurance costs around the nation. Don Cravins, chief of staff for U.S. Sen. Mary Landrieu, urged …
