June 11, 2013
Authorities say looters have come from as far away as New York and Virginia to steal from victims of last month’s tornado in Moore, Okla. The Oklahoman reports that police arrested one man from Elmhurst, N.Y., and two from Virginia …
June 11, 2013
Oklahoma Lt. Gov. Todd Lamb on June 10 recognized the efforts of Oklahoma Insurance Department (OID) employees in the aftermath of the deadly tornado outbreak that impacted central Oklahoma in May. “You guys have been working extremely hard,” said Lamb. …
June 11, 2013
American International Group Inc. added John Doyle and Sid Sankaran to the insurer’s executive group as Chief Executive Office Robert Benmosche narrows the company’s focus after repaying a U.S. bailout. Doyle is CEO of AIG’s commercial property/casualty business, and Sankaran …
June 11, 2013
Chubb Corp.’s Vigilant Insurance must face a lawsuit by Bear Stearns Cos. accusing the insurer of breach of contract for refusing to pay part of a U.S. Securities and Exchange Commission settlement, New York state’s highest court ruled. Bear Stearns …
June 11, 2013
The large amount of rebar and concrete on the construction site at Hatton High is not there by accident. Instead, it represents a change in how schools are constructed in Alabama. Three years after eight students died when a tornado …
June 11, 2013
When the Geneva Association’s presentation on how and why governments and re/insurers need to work more closely adjourned, we were able to talk to the organization’s Secretary General, John Fitzpatrick, a former CFO of Swiss Re and currently a non-executive …
June 11, 2013
XL Group’s Iberia and Latin America insurance operation has announced the appointment of Ivan Torrecilla as Client & Distribution Leader of the Catalonia region. In addition to his responsibilities as Underwriting Manager for the Middle Market insurance segment in Catalonia, …
June 11, 2013
Aon Risk Solutions, the global risk management business of Aon plc, announced that it has launched the “Aon WorldAware GeoAlert Map, a technology-based enhancement to WorldAware Solutions, Aon’s award-winning travel risk management platform.” The bulletin described the enhanced product as …
June 11, 2013
Aon Risk Solutions, the global risk management business of Aon plc, announced that it has been selected by QET Tech Aerospace to provide liability coverage for the Mexico-based aviation company. Aon said its “customized aviation insurance solutions will provide protection …
June 11, 2013
Willis Group Holdings has launched “CRIMEstar,” which it describes as a “new commercial crime all risks wording, in response to the growing threat to businesses from fraud and other criminal activity. The policy covers businesses for losses sustained by them …