February 24, 2008
Burns & Wilcox announced that Jeffrey Brown has joined the company’s Farmington, Mich., office as a broker. Brown will be responsible for placing business for large complex risks, including large property, and aircraft and automotive products. Brown has more than …
February 24, 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. Baseball/Softball Leagues Nuts & Bolts: Francis L. Dean & Associates of Florida, LLC is offering …
February 24, 2008
27,000 The number of Florida homeowners’ policies The Hartford Group will non-renew beginning in August. Tom Johnston, senior vice president and chief actuary, said it is a capacity management issue and profitability in Florida is not foreseeable over an extended …
February 24, 2008
BMS, a reinsurance intermediary based in Philadelphia, has appointed James T. Buysse as chief executive officer of its North American operations, BMS Intermediaries Inc. Buysse has 25 years of experience in the reinsurance industry. He began his reinsurance career at …
February 24, 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. Karate Sports & Fitness Insurance, a national underwriting facility specializing in sports and fitness facilities, …
February 24, 2008
The Texas Supreme Court on Feb. 1 handed down a long-awaited ruling in a case that many believe to be one of Texas’ most significant insurance cases in recent history. The Court reversed its May 2005 decision in Excess Underwriters …
February 24, 2008
San Diego-based Barney & Barney LLC named Jim O’Connell principal. He also will serve as director of development for programs, specialty insurance solutions. In that role, he is responsible for both regional and nationwide expansion of new and existing programs. …
February 24, 2008
Lloyd’s of London has published its fourth annual underwriting survey, which reveals that “managing the insurance cycle” remains the most important issue for the industry in 2008 with 93 percent of underwriters believing the industry is currently in a softening …
February 22, 2008
The Chubb Group of Insurance Companies has expanded its marine offerings with the addition of international hull insurance. “The move follows Chubb’s recent appointment of two veteran hull underwriters in London,” said the announcement. “The underwriters will review submissions on …
February 21, 2008
Reed Elsevier announced the acquisition of U.S. risk-management business ChoicePoint Inc for $4.1 billion, including debt, and said it would intensify a cost-saving drive and sell an advertising-dependent information business. Shares in Anglo-Dutch publisher Reed, which have outperformed the DJ …