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New Zealand Says Oil Spill ‘Worst-ever Maritime Environmental Disaster’

Rough weather has jostled a cargo ship stuck off New Zealand’s coast and worsened its oil leak fivefold to make it the country’s worst-ever maritime environmental disaster, the government said Tuesday. Clumps of heavy oil from the Liberia-flagged Rena have …

Panel Lauds London Market’s Electronic Success

A panel of insurance market figures “were in overwhelming agreement today that London is leading the way in the global competitive market place,” said a bulletin from electronic processing firm Xchanging, who sponsored the panel discussion. The panel entitled “London …

Honda’s Thai Production Underwater as Floods Hit Japan Firms

Honda Motor Co said its Thai plant remains underwater as flooding in the center of the country worsens, closing down 4.7 percent of its global output in a disaster that is hammering other Japanese firms that have made the nation …

UPDATE: Hurricane Jova Crosses Mexico’s Pacific Coast

Hurricane Jova made landfall as a Category Two storm on Mexico’s Pacific coast late Tuesday, threatening one of the country’s busiest cargo ports and tourist resorts with high waves, heavy rain and flooding. With top winds reaching 100 miles per …

Willis Appoints Poillon Director of Investor Relations

Willis Group Holdings announced the appointment of Peter Poillon as Director of Investor Relations. He is based in New York and will report to Mike Neborak, Group Chief Financial Officer. Poillon will be responsible for developing and executing a “proactive …

Surplus Lines Execs Address Leadership, Perpetuation

Four industry leaders attempted to tackle explaining the definition of “leadership” and what it takes to be a leader, while addressing perpetuation concerns during the “Next Generation Panel Discussion: Developing the Future Leaders of Our Industry” at the annual National …

Bell-Anderson Agency in Washington Acquires Unico

Renton, Wash.-based Bell-Anderson Agency Inc. has acquired Unico Insurance of Woodinville, Wash. The terms of the deal were not disclosed. “Bell-Anderson will continue to pursue acquisition opportunities as they become available to us,” Jim Hunt, president and CEO of Bell-Anderson, …

What Do YOU Want in Agency E&O? Take the Survey Now

Don’t miss your chance to find out what’s been going on with insurance agents’ errors and omissions (E&O) insurance. Insurance Journal’s annual survey solicits the experiences and opinions of property/casualty insurance agents on agency E&O markets, pricing, underwriting, risk management …

Montana Municipal Insurer Pays $500K to Settle Free Speech Claim

The city of Great Falls, Montana, has reached a $500,000 settlement with a Vaughn woman who filed a lawsuit after being escorted out of a 2007 City Commission meeting for exceeding a three-minute comment limit. District Judge Katherine Irigoin of …

Confie Seguros Enters Florida Market, Buys Trustway Agencies

Confie Seguros, a group of insurance agencies targeting Hispanic customers, has acquired the Miami, Florida-based Trustway Insurance Agencies. Founded in 1998, Trustway has 28 locations in the state and additional offices in Georgia and Alabama. Terms were not disclosed. Jeff …

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