James M. McGlennon was appointed vice president and chief information officer for Liberty Mutual Agency Markets, a strategic business unit of Liberty Mutual Group. McGlennon is responsible for the information technology and architecture of Agency Markets. He will oversee strategy, …
James M. McGlennon was appointed vice president and chief information officer for Liberty Mutual Agency Markets, a strategic business unit of Liberty Mutual Group. McGlennon is responsible for the information technology and architecture of Agency Markets. He will oversee strategy, …
Trade and Professional Associations Nuts & Bolts: Aon Association offers coverage to 56,000 nonprofit organizations and their members throughout the U. S. Clients range in size and needs from an Elks Lodge seeking general liability coverage to a long-term care …
Lloyd’s CEO Richard Ward is a man in a hurry. He wants fundamental changes in the way Lloyd’s does business and he’s not prepared to wait. In a speech sponsored by the Insurance Institute of London earlier this week in …
Allstate Investment Management Limited — an indirect wholly-owned investment management subsidiary of The Allstate Corp. — has crossed over borders with the opening of Allstate Investment’s first overseas office in London. The addition is being labeled by the company as …
Standard & Poor’s Ratings Services has raised its long-term counterparty and insurer financial strength ratings on U.K.-based surety insurer Euler Hermes Guarantee PLC to ‘AA-‘ from ‘A’ and assigned a stable outlook. “The upgrade reflects the provision of an unconditional …
The New York City Police Department has been operating a camera that scans the license plates of cars passing just blocks from ground zero, a newspaper reported this week. The camera is an example of the kind of technology the …
Dallas, Texas-based U.S. Risk Insurance Group Inc., the seventh largest managing general agency and surplus lines wholesaler in the nation, expanded its operations by opening a brokerage operation in Sydney, Australia. The operation will be called U.S. Risk International Pty …
The trustee of the former Weirton Steel Corp. is suing Zurich Specialties London Ltd., claiming the insurance company refused to pay a legitimate claim and now owes the bankrupt steelmaker’s creditors $39 million. The complaint, filed in U.S. District Court …
Standard & Poor’s Ratings Services London office has published a new report – “Insurance-Linked Securitization Poised To Finish Year Well.” Credit analyst Maren Josefs noted that the “recent lack of activity in the ILS market and disruption in the credit …
