2010’s Top Insurance Stories in the West December 23, 2010 By Patricia-Anne Tom In 2009, independent insurance agents and brokers faced a “perfect storm” with the economic downturn, premiums at a fraction of...
RLI To Acquire Contractors Bonding Insurance Co. December 23, 2010 Peoria, Ill.-based RLI Corp. announcedthat it will acquire Contractors Bonding Insurance Co. (CBIC) through an acquisition of its holding company,...
Willis’ FINEX National Strengthens VEAGIS for UK Property Experts December 23, 2010 FINEX National, which handles financial, professional and management liability insurance for clients of Willis Group Holdings, announced that it has...
12 Days of Riskmas: An Insurance Broker’s Story December 22, 2010 By Andrew G. Simpson In giving her Christmas gifts for 12 straight days, a true love inspires his girlfriend to build a whole new...
Catlin Raises Estimates of NZ Quake Losses to $45 Million December 22, 2010 Catlin Group Limited announced that, “based on total insured losses from the New Zealand earthquake of US$5.5 billion to US$6...
Best Affirms Lloyd’s Syndicates 2623, 623, 3623, 3622 Ratings (Beazley) December 22, 2010 A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A ‘(Excellent) and issuer credit ratings...
Top Brokers, Munich Re Pool Efforts to Expand Insurance for Oil Drilling December 22, 2010 By Ben Berkowitz and Jonathan Gould The world’s top three insurance brokers have joined reinsurer Munich Re to promote a major expansion in risk coverage for...
Marsh Agency Buys Pennsylvania’s Trion December 22, 2010 Marsh’s retail agency business has acquired Trion Group Inc., the largest privately held employee benefits specialist in the United States...
Big ‘I’ Markets, ARMR Launch Storage Tank Product December 22, 2010 The Independent Agents and Brokers of America Big “I” Markets launched a new insurance policy option with American Risk Management...
Arthur J. Gallagher & Co. Acquires Tribeca Strategic Advisors December 22, 2010 Itasca, Ill.-based Arthur J. Gallagher & Co.announced it has acquired Tribeca Strategic Advisors LLC located in Mesa, Ariz. Terms of...