October 26, 2009
An article on the Lloyd’s of London web site (www.lloyds.com) discusses the success of an “innovative solution” which can make funding available to governments in the aftermath of a natural disaster. Disasters such as earthquakes and hurricanes “can have a …
October 23, 2009
The UK’s Met Office, in cooperation with the government, has published a detailed and interactive map, illustrating the global consequences of failing to keep temperature increases to less than 2°C [3.6° F]. The map was developed “using the latest peer-reviewed …
October 23, 2009
The goal of signing a new global commerce deal in 2010 is out of reach unless countries accelerate their negotiations, the World Trade Organization’s Director-General Pascal Lamy said on Friday. The WTO’s 153 members must turn vague discussions on the …
October 21, 2009
Catastrophe risk modeling firm AIR Worldwide warns that the Philippines are bracing for the arrival of Typhoon Lupit. The storm is located about 800 kms (500 miles) east of northern Luzon island and is moving west at approximately 15 kph …
October 20, 2009
Brazil plans to organize a meeting of trade ministers in late November to discuss progress in the World Trade Organization’s long-running Doha round, a senior Brazilian official said Monday. The meeting would be an opportunity to take stock of the …
October 20, 2009
The Louisiana State Police reports that its Region 1 detectives have recovered additional stolen farm and construction equipment after further investigation into a case in which two suspects had already been charged with the theft of $250,000 worth of heavy …
October 19, 2009
A.J. Gallagher, Fox Lawson Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired Fox Lawson & Associates LLC in St. Paul, Minn. Terms of the transaction were not disclosed. Founded in 1995, Fox Lawson & Associates is a compensation and …
October 13, 2009
The United States cannot agree to a deal in the Doha round of world trade talks until other countries make better offers to open their markets to services trade, the top U.S. trade official said Tuesday. “We know that the …
October 13, 2009
Standard & Poor’s Ratings Services has assigned its ‘A’ counterparty credit and financial strength ratings to Endurance American Insurance Co. (EAIC), American Merchants Casualty Co. (AMCC), and American Agri-Business Insurance Co. (AABIC). S&P has also affirmed all of its existing …
October 8, 2009
New York-based U.S. RE Corporation, the international reinsurance brokerage firm, has formed a strategic alliance with Bruno Sforni S.p.A, an insurance and reinsurance broker located in Milan, Italy. The Company followed up that news with the announcement that it has …