Willis North America, a unit of Willis Group Holdings, has appointed Hilaire Damiron as the new CEO of Willis Mexico, effective immediately. He has been serving as the interim CEO since August 2009. He is based in Mexico City, Mexico, …
Longtime insurance marketing strategist, Nanci Evarts, passed away on Friday, Sept. 24, after a brief but courageous battle with cancer. Founder and President of Marketing Strategies Group, a California-based marketing consultancy, Evarts was known throughout the insurance industry for her …
Bank of Montreal is on the hunt for acquisitions in the United States and China to expand its wealth management operations, while it sees growth in Canada coming from established operations, one of BMO’s top executives said Wednesday. Canada’s No. …
Hurricane Igor barreled north Monday on a path expected to take it near Newfoundland and energy interests off eastern Canada, after battering Bermuda with heavy winds, waves and rain that caused damage but no casualties. The Canadian Hurricane Center issued …
It’s cash-rich, led by a CEO with political aspirations, and was last year’s top S&P 500 performer. Pressured by soft pricing and slow premium growth, (re)insurer XL Group is also undervalued, analysts say, and a prime target for a bidder …
The United States will host a meeting of the world’s biggest economies in New York to discuss climate change on Monday and Tuesday [next week], the U.S. State Department said. The Major Economies Forum will bring together 16 of the …
Crews have removed a 12-foot section of pipe at the site of an oil spill outside Chicago that led to a spike in regional gasoline prices, but it could take weeks to clean up the contamination, federal officials said. It’s …
Insurer ACE will pay $1.1 billion to acquire the outstanding common stock of Iowa-based Rain and Hail Insurance Service Inc., the second-largest crop insurance underwriter in the U.S. and Canada. ACE already owns roughly 20 percent of Rain and Hail’s …
Chicago-based insurance broker Hub International Limited has acquired the shares of Sinclair Cockburn Financial Group (SCFG), a Toronto, Ontario-based insurance and financial services firm with approximately $11 million in annual revenues. Hub acquired the property/casualty, personal insurance and group/life insurance …
Hurricane Earl battered North Carolina’s coast with rain, winds and waves Friday and swirled up the U.S. eastern seaboard toward New England and Canada as a weakened but still dangerous storm. The impact of the Category 2 storm appeared to …
