China and the European Union vowed on Friday to seek balanced trade and foster cooperation in climate change in high-level meetings as they sought to ease tension over Tibet protests and the Olympics. EU officials led by European Commission President …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 1225 (United Kingdom), which is managed by AEGIS Managing Agency Ltd (AEGIS UK). The outlook for both ratings …
The Zurich Financial Services Group announced that its Global Corporate Mergers & Acquisitions (M&A) unit has expanded its operation through the opening of an office in London. The operation continues the expansion of Zurich’s M&A operations, launched in 2007. Thomas …
Lloyd’s announced the appointment of LoriAnn Lowery as its new President, North America. She will report directly to Director, Market Operations and North America Sue Langley, in London. Lowery “will be responsible for all business operations across the US and …
A major insurer is telling some Jersey shore customers that their home insurance policies will not be renewed. State Farm Insurance Company says it is trying to limit its exposure of catastrophic property loss. The company says it’s dropping 2 …
Riemer’s on a collecting spree that includes new employees, green offices, Rolex watches and cookie jars When Fireman’s Fund introduced its Green-Gard program covering environmentally sound commercial building practices, Stephen Riemer, president of Florida-based Riemer Insurance Group, said he “jumped …
Towerstone Towerstone Inc., a wholesale insurance broker and managing general agency with extensive experience in a broad spectrum of industries, has been formed via the merger of Energy Risk Associates Inc. (ERA) with the recently acquired assets and employees of …
People Mullis Newby Hurst L.P., an Addison, Texas-based provider of construction insurance and surety bonds in Texas, promoted Jan Johnson to senior vice president and director of insurance. Johnson, a 26-year veteran of the insurance industry, has served as vice …
Hull & Co., Big Sky Underwriters, Powers & Co. Hull & Co. Inc. acquired substantially all of the assets of Missoula, Mont.-based Big Sky Underwriters Inc. “The people of Big Sky are well respected in the Northwest marketplace,” said Bob …
Novato, Calif.-based Fireman’s Fund Insurance Co. named Michael LaRocco president and CEO. He will report to Chuck Kavitsky, president and CEO of Allianz of America, parent of Fireman’s Fund, and will also serve on the International Executive Committee of Allianz …
