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 …
November 17, 2010
Even though Ireland’s financial crisis continues to make headlines, it’s not by any means a national meltdown, and it doesn’t appear to pose a threat to any of the re/insurance companies and brokers, who have substantial operations in the country. …
November 16, 2010
Ace USA, the U.S.-based retail operating division of the ACE Group, announced a new structure and senior leadership appointments. The structure consists of two zonal operations and a centralized complex risk unit for global property programs. Kelley Kinsella and Brian …
November 16, 2010
Golden Eagle Insurance, a Liberty Mutual Agency Corp. regional company, has appointed Spencer J. Donkin president and CEO. Donkin joins Golden Eagle Insurance from Liberty Mutual Agency Corpo.’s Regional Companies Group, where he was senior vice president of Agency Management. …
November 16, 2010
Brad Smith has joined wholesale insurance broker Crump in its Memphis, Tennessee office as a broker. Smith joins Crump from South & Western General Agency, where he served as territory manager for Arkansas, Mississippi and Tennessee for the past several …
November 15, 2010
The California Court of Appeal, Second Appellate District, has reversed a lower court’s $4.2 million judgment against former CRC Insurance Services broker Constance Callan. According to court documents in Constance Callan v. CRC Insurance Services Inc., Tom Curtin, et. al., …
November 15, 2010
Willis Group Holdings has appointed two new Regional Managing Directors for Willis Networks, the global insurance broker’s alliance with local, independent brokers in the UK. Mike Rush will be responsible for Willis Networks in Scotland, Northern England and Northern Ireland, …
November 14, 2010
Settlement Scramble “A lot of people appear to be making a last minute decision. It’s like tax day… there is going to be a lot of last minute wrangling.” —Paul Napoli, a leader of the legal team representing most of …