November 23, 2009
Christine Hoehne has joined Lockton Benefit Group as an account executive in Lockton’s International Benefit Services practice in Minneapolis, Minn. Prior to joining Lockton, Hoehne spent eight years as an account executive for the Americas region of All Net, the …
November 19, 2009
XL Capital Ltd. announced that it has received approval from the China Insurance Regulatory Commission (CIRC) to start preparation work to set up a P/C company in the country. Following the approval, XL has a year to prepare to establish …
November 18, 2009
Chubb Group recently co-hosted a seminar near Shanghai, which focused on the “increasing number of Chinese exports exposed to product liability claims and litigation in the United States and Europe.” As a result presenters called for Chinese companies to make …
November 18, 2009
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of South Korea’s Dongbu Insurance Company, Ltd., both with stable outlooks. “The ratings reflect Dongbu’s solid market profile, sound underwriting performance and …
November 18, 2009
U.S. Congressman Charlie Melancon of Louisiana has introduced federal legislation that would prevent insurance companies from cancelling or failing to renew homeowners’ policies as the result of Chinese drywall in their homes. Aimed at the problem of defective Chinese drywall …
November 17, 2009
The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the IMF said on …
November 16, 2009
U.S. President Barack Obama and other world leaders on Sunday supported delaying a legally binding climate pact until 2010 or even later, but European negotiators said the move did not imply weaker action. Some argued that legal technicalities might otherwise …
November 15, 2009
The New York Insurance Department has signed a cooperation agreement with its counterpart in El Salvador, the latest in a string of similar agreements with insurance regulators in foreign countries. The agreement calls for increased cooperation on insurance-related issues between …
November 15, 2009
ReSource Pro Gains by Offering Half-Price, Off-Hours, Highly-Efficient Back Office As more insurance agencies look for new ways to improve productivity and lower expenses, more owners and managers are investigating the potential of outsourcing operations. The trend has helped power …
November 15, 2009
ReSource Pro Gains By Offering Half-Price, Off-Hours, Highly-Efficient Back Office As more insurance agencies look for new ways to improve productivity and lower expenses, more owners and managers are investigating the potential of outsourcing operations. The trend has helped power …