January 11, 2009
National managing general agent Burns & Wilcox has promoted Anthony Cugini to manager of the company’s Houston office. He is responsible for increasing sales across all product lines, including professional liability, commercial, umbrella, vacant buildings, contractors and personal lines. Cugini …
January 11, 2009
In light of the enormous losses and failures triggered by the financial crisis, companies across the full spectrum of U.S. industry will be looking to their insurance policies for loss mitigation. Fortunately, developments in several states bolstered policyholders’ ability to …
January 11, 2009
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. Top 10 Most Unusual Searches on MyNewMarkets.com in 2008 Exotic Snake and Reptile Breeding Operation …
January 11, 2009
For the moment the economic recession is driving the global stagecoach, while climate change is riding shotgun, but it’s not as bad as it could be. Reports from Europe point to the fact that the P/C industry’s exposure to the …
January 11, 2009
Jim Johnstone has joined Westbrook, Conn.-based The Gowrie Group of Cos. as a producer in the Boat/Yacht department. Jim brings deep marine and sailing industry expertise that will enable Gowrie to broaden its reach into the boating market and the …
January 9, 2009
The UK’s Chartered Insurance Institute has released its latest Thinkpiece report, the first of a series of six international articles in association with the London-based think tank Chatham House. It concludes that the “current global economic recession was brought about …
January 8, 2009
Willis International, a unit of Willis Group Holdings, has announced the appointment of Edward Fyfe as Managing Director of its growing Latin American reinsurance operations, effective immediately. He is based in Lima, Peru, and will report to Eugenio Paschoal, CEO …
January 8, 2009
The first of three civil lawsuits stemming from a 2006 jet crash in Connecticut goes to trial next week in Virginia. Preston W. Fussell is one of three survivors of the crash, which killed the two pilots. His lawsuit against …
January 8, 2009
The Market Reform Group (MRG), which sets priorities for London’s insurance industry, has announced its plans to, in its words, “deliver a new growth spurt that will further cement London as the market of choice for global insurance.” MRG Chairman …
January 7, 2009
Lloyd’s announced that it has obtained a license to write direct general insurance business in Guernsey. “Before now Lloyd’s has been viewed as a ‘Recognized Insurer’, which has meant underwriters have only been permitted to write Guernsey insurance business from …