A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and issuer credit rating (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited, Australia’s QBE Insurance (International) Limited, and Ireland’s QBE Reinsurance (Europe) Limited (QBE Re). “These companies …
Headquartered in Raleigh, N.C., MJM Inc., appointed Phil Peart as vice president of International Business Development. Peart joined MJM in 2003, and has been involved in the insurance investigation industry for more than 30 years. His expertise lies in investigating …
Blackstone Group, Alliant Alliant Insurance Services Inc., one of the nation’s largest insurance brokerage firms, announced that The Blackstone Group, in partnership with Alliant’s management and employees, will acquire the company from its current owners comprised of the investment firm …
BB&T, Reese BB&T Insurance Services plans to expand its metro Atlanta operation with the acquisition of Reese Insurance Associates Inc. of Riverdale, Ga., which sells commercial and personal property and casualty coverage and group benefits. The transaction is expected to …
Louisiana Workers’ Compensation Corp. (LWCC) hired David T. White as director of internal audit. White will be responsible for providing overall direction for the internal audit function. He was previously audit unit manager for General Reinsurance’s North America and Australia …
Louisiana Workers’ Compensation Corp.(LWCC) hired David T. White as director of internal audit. White will be responsible for providing overall direction for the internal audit function. He was previously audit unit manager for General Reinsurance’s North America and Australia operations …
Dr. Toni Makkai, Director of the Australian Institute of Criminology, made an ominous opening statement: “Of all of the crimes committed by young people, arson is potentially one of the most devastating.” He was speaking at the launch of a …
The latest, and admittedly still preliminary, estimates from the series of violent storm that struck the coast of New South Wales last week (See IJ web site June 11) indicate that insured losses will exceed A$1.2 billion (US$1 billion), making …
France’s SCOR Group announced the official opening of its public tender offer for all of the publicly held registered shares of Converium Holding Ltd. The somewhat delayed offer – due to the time required to comply with Swiss takeover laws …
Insurance Australia Group said it has already received “over 6,000 claims” from the storms that have battered the coast of the State of New South Wales (See IJ web site June 11). IAG said it expects to receive more claims; …
