June 22, 2010
National Specialty Underwriters Inc. (NSU) of Bellevue, Wash., was named one of Washington’s 2010 Best Companies to Work For. Seattle Business magazine chose 100 finalists in their search for Washington’s Best Companies to Work For. More than 10,000 employees from …
June 22, 2010
The UK’s new Chancellor (Finance Minister) George Osborne has announced plans to fundamentally reform the way financial services, including insurance, are to be regulated [See IJ web site – https://www.insurancejournal.com/news/international/2010/06/16/110766.htm]. Essentially, Osborne’s government plans to dismantle the current tripartite regulatory …
June 22, 2010
Willis Group Holdings announced that it has received official approval from local authorities to open a representative office of Willis Limited in Kazakhstan, the third office Willis has opened in the former Soviet Union, in addition to branches in Russia …
June 22, 2010
New York-based brokerage and risk management firm Integro appointed Jennifer Romano as managing principal, based in New Jersey. She will manage complex placements and risk consulting services for healthcare clients throughout New Jersey and the Tri-state area under the leadership …
June 22, 2010
CNA has opened a new branch office in Washington, D.C., a move aimed at extending the insurer’s geographic footprint and bringing it closer to its agents, brokers and customers. George Agyen, Mid-Atlantic Zone officer, will head the Washington, D.C. branch. …
June 22, 2010
Jacksonville-based MedMal Direct Insurance Co. has officially launched operations as a medical malpractice insurance company in Florida. The company, which sells insurance directly to physicians community without the use of insurance agents or brokers, said it received its certificate of …
June 22, 2010
The Independent Insurance Agents of Texas (IIAT) elected David Wood, vice president and partner at Bogan, Dunlap & Wood Insurance in Odessa, to serve as the association’s president for 2010-2011. Other newly elected officers are: President-Elect Bob Shepard with Shepard …
June 21, 2010
The U.S. Deepwater Horizon and Venezuelan Aban Pearl drilling rig losses have left upstream energy insurers with an unprecedented bill of $795 million within the space of a single month, destabilizing the market and driving up rates, according to a …
June 21, 2010
Marsh & McLennan, Kroll, Altegrity Marsh & McLennan Cos. Inc. agreed to sell investigations unit Kroll to a firm led by former Marsh CEO Michael Cherkasky for less than the insurance broker paid for Kroll six years ago. MMC said …
June 21, 2010
Willis North America, a unit of Willis Group Holdings, the global insurance broker, announced today that it has formed a Distressed Assets Practice to advise clients on managing the risks associated with financially distressed, foreclosed or abandoned properties and to …