Marsh UK announced that Douglas Ure has been named a Senior Risk Consultant for its Risk Strategies Services team. He is based in Marsh’s London office and will provide advice around risk identification, assessment and management to both public and …
Reinsurance and risk intermediary Benfield has created a dedicated capital markets unit within Benfield Advisory, its specialist corporate finance and advisory business. The new unit will be led by Michael Steel in London, in conjunction with Edward Torres and Ron …
An excess insurer is entitled to make its own independent decision, even if the language of the excess policy follows the form of the primary policy. Mass. court rules excess insurers not bound by primary settlements An insurer of a …
Citi, BISYS Citi completed its previously announced acquisition of The BISYS Group Inc. for approximately $1.44 billion in an all-cash transaction. In the transaction BISYS shareholders will receive merger consideration of $11.85 per share, and a special dividend of $0.15 …
North Dakota Insurance Commissioner Jim Poolman said he will resign Sept. 1 to begin an insurance consulting business. Poolman was elected insurance commissioner in 2000. He is a former Grand Forks state representative and bank trust officer. His position is …
North Dakota Insurance Commissioner Jim Poolman said he will resign Sept. 1 to begin an insurance consulting business. Poolman was elected insurance commissioner in 2000. He is a former Grand Forks state representative and bank trust officer. His position is …
An insurer of a so-called “follow form” excess policy is not bound by the decision of a primary insurer to settle a claim, the Massachusetts Supreme Judicial Court has ruled. The state’s highest court ruled that an excess insurer is …
Insurance and pension provider Aviva USA plans to build its new national headquarters in West Des Moines, Iowa, a project that will result in an investment of up to $150 million and 400 jobs, the company’s CEO said Wednesday. Aviva …
Novae Group plc has appointed Bill Edrich as underwriting director of the Group’s insurance company Novae Insurance Company Limited (NICL). He currently serves as the Group’s medical malpractice underwriting manager and will continue in that role. Peter Matson, the Group’s …
Colemont Insurance Brokers announced the promotion of Bill Chadwick to vice president of Colemont – Texas. Chadwick began his insurance career in 1994 working with Lloyd Thompson Ltd. in London, England, as a broker in their energy division. He enhanced …
