New York-based Valiant Insurance Group Inc. has hired Adrian Scott as senior vice president and head of the group’s professional liability practice. Scott is the former managing director of the global professional liability practice at Marsh USA. He holds an …
The U.S. Ninth Circuit Court of Appeals in Seattle has upheld an Alaskan district court ruling that a primary insurance carrier can cancel a marine vessel’s pollution insurance policy on the basis that the insured failed to disclose the vessel’s …
Midlands Management Corporation announced that Richard Jonathan Bird has joined the company as executive vice president and chief operating officer. Bird reports to Midlands’ President and Chief Executive Officer Charles C. Caldwell and is assisting in leading all aspects of …
The slipcases at Lloyd’s are slowly going the way of the buggy whip. In a recent announcement the Market Reform Group (MRG) published details of the arrangements which, it said, “will see the end of paper processing for accounting and …
Marsh got a chance to deliver some good news, when the China Insurance Regulatory Commission (CIRC) ranked it number one out of China’s top 20 intermediaries based on annual invoiced revenue. The survey published in the CIRC’s 2007 Insurance Intermediary …
Willis Group Holdings announced that its UK Employee Benefits Practice would be further strengthened by three senior appointees and the expansion of its capabilities to Reading. Jamie Simmons and Chris Bhatt, who have a combined 28 years of experience in …
Lloyd’s 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 stage of …
A new report from Marsh’s London office focuses on the increasing problems of transport and logistics firms across Europe in coping with new categories of liability and an increasingly complex regulatory landscape. “Liability Insurance Buyers Report Europe 2007”, analyzes “the …
Marsh’s London office announced the appointment of Gordon Springett as Leader of its Power and Utility Practice for Europe, Middle East and Africa (EMEA). He takes over from Mark Pollard, who was recently appointed Head of Industry, EMEA. Marsh noted …
A.M. Best Co. has affirmed its Syndicate Rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’ s Syndicate 382, which is managed by Hardy Underwriting Agencies Ltd. (HUA). Best also affirmed the ICR of “bbb” …
