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People

Austin, Texas-based Medicus Insurance appointed John Flanagan as its new Regional Market manager for the Midwest. Flanagan will be based in Chicago. Flanagan brings over five years of experience in the professional liability industry to his new role as business …

Business Moves

AmWINS, London American General AmWINS Group Inc., a national wholesale insurance broker based in Charlotte, N.C., reports it has acquired London American General Agency, Inc. Based in San Diego, Calif., London American is a managing general agent and program underwriter …

But innovative ideas could bring long-term solutions

Coastal properties in Texas and Louisiana may be ‘markets in peril’ Hurricanes Katrina, Rita and Wilma in 2005 left more than physical devastation. The storms left an indelible mark on the entire process of insurance in the regions affected by …

Marsh Launches Global Events Practice

Marsh announced from its London office that it has launched a Global Events Practice to provide risk and insurance solutions to sports and events clients worldwide. It’s to be led by Global Events Practice Leader Warren Harper, and “will provide …

RMS Launches UK Market Data Service

Risk Management Solutions has launched a new initiative amongst six of Lloyd’s largest managing agents aimed at providing advanced exposure data for the London Market. “The RMS® London Market Data Community gives members access to top-quality data that has been …

Marsh Study Finds UK Companies ‘Dramatically Increasing Risk Reporting’

A report from Marsh’s London office reveals that “FTSE 100 [i.e. the largest UK enterprises – analogous to the S&P 500] are reporting risk above and beyond what the UK’s regulatory regime requires.” Marsh said its “White Paper” examines ten …

Catlin Names Burrows to Board

The Bermuda-based Catlin Group Limited announced from its London office that Tim Burrows, a Catlin underwriting director, will retire at the end of 2007 after more than 36 years in the London insurance market. He will then, subject to regulatory …

Bessis Joins Integro’s London Office

Integro Ltd. announced the addition of Guy Bessis as Managing Principal with the firm’s newly established international insurance and reinsurance unit in London. He will focus on developing business from Continental Europe and South Africa as well as developing Integro’s …

Ratings Recap: Everest Re, Groupama, First Net, Novae, Hiscox, Amlin, Eurasia, Amlin (Bermuda), HSBC Re

Standard & Poor’s Ratings Services commented on an announcement by the Bermuda-based Everest Re Group Ltd. (A-/Negative/–) and related subsidiaries (collectively referred to as Everest). Following its third-quarter earnings release, Everest said it would “be reviewing the asbestos claims notifications …

Declarations

License camera “It is not storing data at this point or being used for any law enforcement purposes.” — New York Police Department spokesman Paul Browne acknowledging that the city has been operating a camera that scans the license plates …