Foot and Mouth disease (FMD) in cattle is a costly and tragic disaster – for the farmers and related industries, as well as the cows. A bulletin from Marsh’s London office notes that the “2001 outbreak resulted in £3 billion …
ACE Overseas General has appointed Edward Levin, currently Regional Executive Vice President, Accident & Health (A&H), ACE Europe, to the position of Executive Vice President, International A&H. Andy Hollenberg, currently Vice President, A&H, ACE Far East, has been named Senior …
The newly-formed Argo Group International Holdings, Ltd. announced the completion of its merger between Argonaut Group, Inc. and a wholly owned subsidiary of PXRE Group, Ltd. concluding the deal made earlier this year (See IJ web site March 15). The …
Noted hurricane researcher William Gray from Colorado State University has lowered his 2007 forecast slightly, citing cooler water in the Pacific and more atmospheric dust from Africa in predicting 15 named storms and eight hurricanes off the East and Gulf …
Standard & Poor’s Ratings Services analyzes plans to pay back capital, maximizing ROEs and the lack of opportunities to deploy capital effectively in a new report – “Capital Management, Enterprise Risk Management, And Solvency II Are Top Of European Insurers’ …
Guy Carpenter & Company, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has appointed Rupert Bedford as Head of Broking for the UK operations of GCFac™, the firm’s dedicated facultative reinsurance unit. Bedford, 46, will be …
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 …
Phone Indications on EPLI Nuts & Bolts: International Excess Agency Inc. is offering phone indications on employment practices liability. The company suggests that interested parties provide the number of employees, class of business and loss history, and it will provide …
Connecticut residents who incurred financial costs as a result of storms and flooding in the state last April have less than one week remaining until Aug. 14 to register for assistance, according to the U.S. Department of Homeland Security’s Federal …
Phone Indications on EPLI Nuts & Bolts: International Excess Agency Inc. is offering phone indications on employment practices liability. The company suggests that interested parties provide the number of employees, class of business and loss history, and it will provide …
