June 19, 2007
Marsh UK has launched a new hotel facility for individual hotels and small chains. The broker described its “Specialized Products Hotel Facility” as the “first product of its kind in the market” with “exceptionally broad” coverage – all lines cover, …
June 18, 2007
Countrywide Insurance Group named Steve Cardinal president and chief operating officer of Countrywide Insurance Services. As a member of Countrywide Insurance Group’s executive team, Cardinal will oversee all aspects of Countrywide Insurance Services. He also will spearhead efforts to hire …
June 18, 2007
Lloyd’s said it has met with a “positive response from a wide range of quality institutional investors” following its “road show ” to explain the terms for its proposed issue of £500 million ($991.6 million) of Tier 1 subordinated debt …
June 18, 2007
The Bermuda-based ACE Tempest Re Group, the reinsurance division of the ACE Group of Companies, has announced a series of executive appointments in its Bermuda, Europe and U.S. operations. Andreas Lewin, ACE Tempest Re President and CEO has been appointed …
June 18, 2007
The Clark Art Institute in Williamstown, Mass., long known as a home for French and American paintings, is making room for a $90 million British invasion thanks to a donation from the foundation of Sir Edwin Manton. Works by Renoir, …
June 18, 2007
Countrywide Insurance Group named Steve Cardinal president and chief operating officer of Countrywide Insurance Services. As a member of Countrywide Insurance Group’s executive team, Cardinal will oversee all aspects of Countrywide Insurance Services. He also will spearhead efforts to hire …
June 15, 2007
Aspen Re, a subsidiary of Aspen Insurance Holding Limited, announced the launch of Aspen Re in Europe along with plans to open an office, to be based in Zurich, that will act as the hub for Aspen’s European reinsurance activity. …
June 15, 2007
The federal government has extended aid to private property owners to help repair damage caused by a powerful nor’easter in April. The decision, announced by Gov. M. Jodi Rell’s office, is a reversal of the Federal Emergency Management Agency’s initial …
June 14, 2007
Under the latest phase of the UK’s drive to embed contract certainty into the day-to-day processes of its insurance industry, the Contract Certainty Steering Committee (CCSC) has published a code of practice designed to ensure policies continue to be fully …
June 13, 2007
Encino, Calif.-based NAS Insurance Services has a new network security insurance called NetGuard, which covers allegations against an insured such as breach of privacy, identity theft, etc. NetGuard includes gvernment investigations defense cost insurance such as government investigations into HIPAA …