Montpelier Reinsurance Ltd. recently launched the Montpelier Risk Institute (MRI), a virtual risk institute that will attract scientists and insurance specialists to target new methods for quantifying risk. Montpelier Re, which is the Bermuda subsidiary of Montpelier Re Holdings Ltd., …
U.S. Senator Elizabeth Warren said banks remain too big to fail even amid the progress that has been made on financial regulation since the 2008 credit crisis. “If Dodd-Frank gives the regulators the tools to end too big to fail, …
Critics of the U.S. crop insurance program are calling for cuts to it and other agribusiness subsidies as Congress revamps farm policy. A bipartisan group of lawmakers planned to meet yesterday in Washington to re-examine U.S. farm spending for the …
London police must repay the insurers of a warehouse that held Sony Corp. goods, damaged in riots that spread through the city in the summer of 2011, a judge ruled. Judge Julian Flaux said the attack on a building in …
Zurich Insurance Group AG named Tom de Swaan chairman, replacing Josef Ackermann, who stepped down after the suicide of Chief Financial Officer Pierre Wauthier. Fred Kindle, 54, chairman of Exova Holdings Ltd. and former chief executive officer of ABB Ltd., …
Josef Ackermann will step down from Siemens AG’s supervisory board, two weeks after he resigned as chairman of Zurich Insurance Group AG following his naming in the suicide note of finance chief Pierre Wauthier. The decision of the former Deutsche …
Rockhill Insurance Group, based in Kansas City, Mo., announced it has hired Doug Goode as chief operating officer. Goode has more than 25 years of industry experience and most recently was a senior vice president with QBE North America in …
USI Insurance Services has hired Sean Reardon as a property/casualty broker. Reardon will be working out of USI’s office in Woodland Hills, Calif. He has 10 years of experience of commercial underwriting experience focused on commercial property, casualty, auto and …
Higginbotham and Capital Benefits Group have merged their operations, becoming what the companies believe to be the largest independent insurance and financial services employer in Central Texas. Higginbotham provides property/casualty insurance and employee benefit services, and Capital Benefits provides employee …
Lockton announced the expansion of its global benefits practice with the addition of Ron Brewer as regional practice leader of the Western region. Brewers will have an office in La Jolla, Calif. and be responsible for consulting with Lockton clients …
