McQueary Henry Bowles Troy hired Jimmy Balagia as senior vice president in the firm’s property and casualty group in Austin. Balagia has 30 years of experience as a property and casualty broker/consultant and outsourced risk manager. Prior to joining MHBT, …
The Hartford’s Chief Financial Officer David M. Johnson plans to step down later this year. He has served as the company’s top financial officer since 2001, and will remain in the position until a successor is found. Before coming to …
Despite the past deadly attacks and the continuing threat of renewed violence, “London firms appear under-prepared for a terrorist attack,” concludes Marsh from the results of an ad hoc poll. Marsh conducted a survey at recent seminar on terrorism, which …
Marsh announced the establishment of a Financial and Professional Services (FINPRO) Practice in the Middle East, based in Dubai. It will be led by Alexander Blom, Regional FINPRO Leader. FINPRO is a specialist practice within Marsh providing insurance and risk …
The failures of the Sea Launch rocket carrying the NSS-8 satellite, the Proton carrying JCSat 11 and the recent failure of the Proton rocket carrying the AMC-14 satellite, could cause space insurers to increase premiums by up to 30 percent, …
Marsh announced that it is undertaking a series of workshops around the UK to provide business leaders with the skills and information they need to manage their risk and insurance responsibilities under the Corporate Manslaughter and Corporate Homicide Act 2007, …
Insurance companies have agreed to pay $165 million (euro104.63 million) to settle lawsuits brought by relatives of those killed in a 2000 plane crash in the Philippines, lawyers for the families said. The families of about 100 of the 131 …
Willis Chairman and CEO Joe Plumeri concluded a series of discussions on mega-trends in the insurance industry sponsored by the Insurance Institute of London (IIL) at Lloyd’s last week. He told his audience that “one of the biggest challenges facing …
A southeastern Kentucky jury awarded $5.14 million to a man whose wife and daughter were killed in a wreck with a sheriff’s deputy. Jurors in McCreary County handed down the verdict last week in a lawsuit against former McCreary County …
Marsh announced the appointment of Jeremy D. Cooke to the new position of Global Head of Market Relationship Management (MRM). He will be based in London and will support Joe McSweeny, President, US/Canada Division; Alex Moczarski, President, International Division; and …
