October 11, 2011
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 …
October 11, 2011
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 …
October 11, 2011
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. …
October 11, 2011
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 …
October 11, 2011
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 …
October 11, 2011
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. …
October 11, 2011
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 …
October 11, 2011
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. …
October 11, 2011
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 …
October 11, 2011
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 …