Glencairn, a division of Faber & Dumas, the global third-party wholesale insurance broker established in London by Willis, announced that John Andrews has joined the company as Account Executive. He will help spearhead the company’s push towards increasing its US …
Aon Corp. has appointed Mike Szot and George Dale managing directors of Aon’s Construction Services Group’s residential practice in Los Angeles. These senior-level additions have been made in response to the challenging housing market to provide clients with broking and …
“The marine insurance industry is facing one of the most crucial periods it has ever met, and underwriters, given the devastating fall in volumes and values in global trade, will have to ‘run hard to stay in place over the …
Bermuda-based Hiscox Ltd. has issued a summary of the January renewals, its expected investment returns and the effect of currency fluctuations, as well as its hurricane loss estimates. Hiscox said it has “seen good rate increases in key areas, especially …
ACE Europe has announced the launch of “ACE Evolve,” which it describes as a “coordinated insurance and risk management solution for mid-sized companies with overseas subsidiaries or assets. ACE Evolve will assist regional UK and Ireland companies trading internationally to …
Risk management and insurance services provider IMA of Texas Inc. announced additions to its Health Care, Employee Benefits and Surety departments. Michael J. Jacoby has been hired as vice president and national director of the Health Care Practice Group. He …
American International Group Inc. (AIG) named Russell Johnston president and CEO of AIG Environmental, a unit of AIG Commercial Insurance. Johnston joined AIG in 1990 serving in senior management positions within AIG’s Risk Management Group, including president of National Accounts, …
The 4th District of the California Court of Appeals has reversed a lower court decision in a pollution liability case, State of California v. Continental Insurance Co. et al. The decision is likely to influence courts around the country, and …
Insurers Catlin, Beazley, Amlin, Hiscox and Newcomer Torus Find Their Niche in U.S. Market Find a need, then fill it,” is a hoary business principle, but making it work is often harder than it looks. However, a number of British …
The Bermuda-based Arch Capital Group announced that the Company has received approval in principle from the Lloyd’s Franchise Board and the Financial Services Authority (FSA) to establish a new managing agent and syndicate at Lloyd’s. It is expected to begin …
