Coverage For When the Show Just Can’t Go On Michael Jackson’s recent untimely death has produced a flurry of articles in the mainstream media. Aside from tributes to the deceased, many of them have focused on what outlays and expenses, …
Patrick J. Burke has been appointed as a senior vice president with Stephens Insurance LLC, based in Little Rock, Ark. Burke has spent the last 30 years advising select utilities and utilities mutual insurance companies. He has designed risk coverage …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Bermuda-based Dah Sing Insurance Company Limited (DSI) with stable outlooks. “The ratings reflect DSI’s supportive level of risk-adjusted capitalization, improved operating …
Now that the hurricane season is well underway, Louisianans remember when Katrina came ashore, late in August 2005, with a storm surge that eventually flooded New Orleans and leveled many Gulf Coast towns, costing more than 1,500 lives and causing …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of the Bermuda-based Catlin Insurance Company Ltd (CICL), Catlin Insurance Company (UK) Ltd., the U.S. company Catlin Insurance Company, Inc. (CICI) …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 2003, which is managed by Catlin Underwriting Agency Limited (CUAL), a member of the Bermuda-based Catlin Group Limited (CGL), …
The Bermuda-based Everest Re Group announced today that Thomas J. Gallagher, Vice Chairman and Chief Underwriting Officer, has advised the Company of his decision to retire, effective October 9, 2009. He served as President and Chief Operating Officer of Everest …
Bermuda-based American Safety Insurance Holdings, Ltd..has announced that Laura L. Ervin, the Company’s Chief Accounting Officer, resigned to pursue other interests. Her resignation was effective as of August 28, 2009. President and CEO Stephen R. Crim commented: “Laura has made …
Argus Group Holdings Ltd and Tremont International Insurance Ltd have reached a settlement with buyers and holders of life insurance and annuity policies lost in the Bernard Madoff fraud, according to court documents Tuesday. The lawsuits were filed following the …
Property/casualty insurer Ironshore Inc. in Bermuda has completed an equity capital deal that will raise $300 million to support the continued expansion of Ironshore’s specialty insurance business. Lead investors in this transaction include GTCR Golder Rauner, LLC, a private equity …
