Canada News

Hurricane Danielle Reaches Category Two Strength

Yesterday Danielle was still classified by the National Hurricane Center in Miami as tropical storm. But the NHC’s latest bulletin, issued at 5:00 a.m. AST, confirms that it has now strengthened into a category 2 hurricane on the Saffir-Simpson scale. …

Beecher Carlson Appoints Mehta Bermuda Executive Managing Director

Insurance brokerage and risk management consulting firm Beecher Carlson has appointed Robin Mehta as Executive Managing Director. He joins Beecher Carlson to lead the Bermuda office operations, including its Captive practice. Mehta will “continue to expand the Bermuda brokerage business …

Best Affirms Catlin Insurance Companies ‘A’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Bermuda-based Catlin Insurance Company Limited (CICL), Catlin Insurance Company (UK) Ltd. Houston-based Catlin Insurance Company, Inc. (CICI) and Delaware-based Catlin …

Aviva States RSA Offer not in Shareholder Interest

Insurer Aviva PLC said Monday it rejected a £5 billion ($7.8 billion) cash offer from rival RSA Insurance Group PLC for some of its general insurance businesses because the deal wasn’t in the best interest of shareholders. Aviva, Britain’s leading …

Declarations

Health Care Challenge “While this case raises a host of complex constitutional issues, all seem to distill to the single question of whether or not Congress has the power to regulate — and tax — a citizen’s decision not to …

Snapshot: Declarations

Health Care Challenge “While this case raises a host of complex constitutional issues, all seem to distill to the single question of whether or not Congress has the power to regulate — and tax — a citizen’s decision not to …

Stopping Workplace Violence Difficult But Risk Can Be Reduced: Experts

Criminologists call it murder by proxy — rampages by employees who go after their boss, supervisors and even co-workers they link to the source of their outrage. The message is: Look who’s doing the firing now. These eruptions of workplace …

Calif. State Fund Receives Seven Awards

California’s State Compensation Insurance Fund announced it has earned international recognition for several outstanding communication and outreach programs. Awards in seven categories were presented to State Fund at the 2010 annual meeting of the American Association of State Compensation Insurance …

Sun Life Sees China Premiums Doubling This Year

Sun Life Financial expects premium growth at its China insurance venture to more than double this year, a senior executive said, after receiving approval to turn the company into a Chinese-owned entity. Sun Life Everbright will also likely begin making …

Marsh Names 59 Managing Directors in U.S., Canada

Marsh announced the appointment of 59 new managing directors in North America. The members of the Marsh 2010 Class of Managing Directors work within a number of different risk practice and industry groups and are located throughout the United States …