London News

People and Places

William J. Mullaney was named president of MetLife’s Institutional Business segment. He succeeds Leland C. Launer Jr., who has decided to pursue other opportunities. Mullaney most recently served as president of MetLife Auto & Home, and has been with the …

Forecasters predict active hurricane season to come in 2007

Atlantic basin and U.S. hurricane landfall expected to be up 60 percent above normal A return to high hurricane activity in 2007 is likely following the below-average 2006 hurricane season, according to the consortium of experts on insurance, risk management …

People

The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new assignments are for one year: International Insurance Relations Committee: chair, Diane Koken, commissioner, Pennsylvania Insurance Department, and vice chair, Dorelisse Juarbe Jiminez, commissioner, Puerto …

Declarations

Common thread “The common threat that brought us together is terrorism. That was our springboard.” Jonathan Edmondson, operations manager of the British Red Cross, at a meeting in New York of government and American Red Cross disaster experts from New …

New Markets

D&O for Small Public Cos. Nuts & Bolts: The Chubb Group of Insurance Companies has introduced specialized directors and officers (D&O) liability insurance for publicly traded companies with market capitalizations of $100 million or less. These “micro-cap” coverage enhancements can …

New Markets

Trucking Nuts & Bolts: AIX Group, Inc., a specialty insurance holding company, has formed a program to provide automobile physical damage coverage to commercial trucking operations. This program will be targeting operations with above average loss experience and fleets between …

People

William J. Mullaney was named president of MetLife’s Institutional Business segment. He succeeds Leland C. Launer Jr., who has decided to pursue other opportunities. Mullaney most recently served as president of MetLife Auto & Home, and has been with the …

Forecasters predict active hurricane season to come in 2007

A return to high hurricane activity in 2007 is likely following the below-average 2006 hurricane season, according to the consortium of experts on insurance, risk management and seasonal climate forecasting led by the Benfield UCL Hazard Research Centre at University …

Prime Authorized to Write Surplus Lines in Louisiana

Chicago, Illinois and Salt Lake City, Utah – Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), received approval to write surplus lines business in the state of Louisiana as of January 24, 2007. …

Prime Authorized to Write Surplus Lines in Texas

Chicago, Illinois and Salt Lake City, Utah – Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), received approval to write surplus lines business in the state of Texas, as of February 1, 2007. …