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Farmers Insurance Names Linton Chief Marketing Officer

Michael A Linton has been named enterprise chief marketing officer for Farmers Insurance. Linton, who most recently worked as executive vice president of marketing for Silicon Valley start-up, FreeMonee Network, has spent 30 years in marketing and general management for …

Category 3 Hurricane Jova Targets Mexico’s Pacific Coast

Hurricane Jova bore down on the Pacific coast of Mexico Tuesday threatening to pound one of the country’s busiest cargo ports and tourist resorts with destructive waves, heavy rainfall and flooding. The Category 3 storm, with top winds reaching 115 …

U.S. to Reveal Criteria for Systemic Risk Insurers Today

U.S. regulators Tuesday are set to give nervous insurance companies, mutual funds and other big players in financial markets a better idea of whether they will be tapped for the same type of additional government scrutiny facing large U.S. banks. …

California Gov. Brown Vetoes, Signs Workers’ Comp Bills

California Gov. Brown on Friday vetoed three bills insurers said would have raised workers’ compensation costs. According to the American Insurance Association (AIA), the vetoed bills “would have unwound a key portion of California’s 2003-2004 workers’ compensation reforms.” AB 584 …

Best Removes Balboa Insurance and Members Ratings from ‘Under Review’

A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings of “a” of Balboa Insurance Group and its property/casualty members, Balboa Insurance Company, Meritplan Insurance …

Thailand Races to Defend Bangkok from Floods

Thailand raced on Tuesday to build floodwalls on the outskirts of Bangkok to prevent the worst floods in half a century from inundating parts of the capital later this week when water flowing from the north reaches the low-lying city. …

Best Affirms Sirius International Ratings

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A” (Excellent) and the issuer credit rating (ICR) of “a” of Sirius International Insurance Corporation (publ), which is based in Stockholm, Sweden. The outlook for …

Aon, Zurich Launch Innovative $100 Million Reputational Risk Coverage

A company’s reputation often constitutes one of its most valuable assets; however, as the damage to value, as well, as the nature of the risks that may cause it, are hard to calculate, obtaining coverage has been a complex process. …

Jackson to Represent BrokersLink’s Latin America Interests

BrokersLink, the independent insurance broker network, announced changes to its representation in Latin America. The bulletin said: “Following a decision by Alinter, the international arm of Mexican insurance and services specialist Grupo CP, to focus on local market growth its …

Axis Global A&H Names Cañellas Business Development Manager – Int’l.

AXIS Global Accident & Health, a division of AXIS Capital Holdings Limited, announced from its London office that Jamie Cañellas has joined the division as Senior Vice President and Business Development Manager for its International operations. He will be seeking …

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