November 18, 2010
Insurance Brokers and Agents of the West (IBA West) is working to persuade the California Department of Insurance to phase-in implementation of provisions of a new law (AB 2782) that will require property/casualty insurance agents and brokers starting next year …
November 18, 2010
Aspen Insurance now offers inland marine and ocean marine cargo insurance products in the U.S. Aspen will utilize both broker and agency distribution and will consider specialized managing general agents for select lines of business. Rich Soja, executive vice president …
November 18, 2010
Patriot National Insurance Group has named Dean D. Watters as president of its subsidiary Patriot Underwriters, Inc. In his new role, Watters will oversee Patriot National’s managing general agency, program administration and business process outsourcing businesses. Watters was previously senior …
November 18, 2010
Bermuda-based RenaissanceRe Holdings Ltd. announced that it has “entered into a definitive agreement with QBE Holdings, Inc. to sell its U.S. property and casualty business underwritten through managing general agents, its crop insurance business underwritten through Agro National Inc. and …
November 18, 2010
Assurex Global, the international network of independent insurance brokers, has added Houlder Insurance Brokers Far East Limited of Hong Kong to its exclusive list of Partners, bringing total membership in the network to 106 “with nearly 600 offices in 80 …
November 18, 2010
Celebrity wrestler Hulk Hogan’s attorneys have added his ex-wife as a defendant to a lawsuit against his insurance broker for allegedly failing to adequately protect his fortune. The lawsuit claims Wells Fargo Insurance Services should have protected Hogan with an …
November 17, 2010
Jocosa McKinnie of Colorado Casualty Co. of Phoenix has competed in and won the Arizona Confidence While Communicating Speak-Off. Confidence While Communicating (CWC) is a program offered to members of the National Association of Insurance Women (International) to enhance their …
November 17, 2010
Boston-based AIR Worldwide announced that UIB Asia Reinsurance Brokers Pte Ltd, a subsidiary of UIB International/UIB Holdings UK Ltd, has licensed AIR’s catastrophe risk management systems. “UIB is an independent, multilingual insurance and reinsurance broker headquartered within the London Market …
November 17, 2010
Willis Group Holdings announced the appointment of Mike Lack as an Executive Director of its London-based downstream energy team, effective immediately. He will report to Justin Blackmore, Managing Director of Willis Energy Downstream. Lack has over 40 years experience in …
November 17, 2010
Soft U.S. commercial insurance market conditions are expected to persist through the fourth quarter of 2010, according to preliminary rate information published by Marsh. So far in the fourth quarter, Marsh said its clients renewing their programs have experienced average …