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People

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 …

New Markets

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 …

It Figures

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 …

People

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 …

New Markets

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, …

Texas Supreme Court Reverses ‘Frank’s Casing’ Ruling

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 …

People

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. …

‘Managing the Cycle’ Remains No. 1 Priority, Lloyd’s Survey Finds

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 …

Chubb Adds International Hull Insurance to Its Marine Offerings

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 …

For Anglo-Dutch Reed, Insurance is ‘Jewel’ in Acquisition of ChoicePoint

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 …