November 30, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Waste Haulers Market Detail: ELM Insurance Brokers Inc. offers automobile and general liability coverage for …
November 26, 2008
A federal appeals judge encouraged lawyers to ask the Supreme Court whether corporations should continue to be held criminally responsible for the acts of rogue employees. Defense attorney Andrew Weissmann had hoped to get the 2nd Circuit Court of Appeals …
November 26, 2008
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Beazley Insurance Company, Inc. (BICI) of Farmington, Conn. with stable outlooks. Best noted that the “ratings reflect the significant …
November 25, 2008
Stamford, Conn.-based Hudson Insurance Group, the U.S. Insurance division of Odyssey Re Holdings Corp., reports that its Environmental Products unit will begin operations on Dec. 1, 2008. Hudson Environmental Products is led by Steve Porcelli, senior vice president and managed …
November 25, 2008
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Malaysian Reinsurance Berhad (Malaysian Re), both with stable outlooks. “The ratings reflect Malaysian Re’s stable and excellent underwriting performance, conservative …
November 24, 2008
Hollywood, Florida-based insurance wholesale broker Advanced E & S Group has acquired Symons International Group of Boca Raton and merged it into its Florida operation. Symons is a wholesale broker and underwriting manager specializing commercial marine, yacht, garage and jewelers’ …
November 19, 2008
Safeco Insurance and Peerless Insurance – Liberty Mutual Agency Markets companies – have announced key management appointments in personal and commercial lines operations for the Northeast Victor M. Pepin has been named vice president, Safeco Insurance, and Northeast regional general …
November 19, 2008
The governors of three Northeast States hard hit by the Wall Street meltdown are urging federal officials to approve a $48.2 million grant to help retrain financial services workers who have lost their jobs. In a letter to Labor Secretary …
November 17, 2008
Four insurance companies on Friday asked the government to allow them to buy thrifts so they can qualify to receive federal money under the financial rescue program. Hartford Financial Services Group Inc., Genworth Financial Inc., Lincoln National Corp. and Aegon …
November 16, 2008
Gregory Habay, a New York-based reinsurance broker, has joined Collins as senior vice president. Habay most recently was a vice president and property/casualty reinsurance broker at Guy Carpenter & Co. in New York City. He also has worked in the …