January 26, 2007
Insurance may be local, but it doesn’t have to be handled exclusively in the state, or even the country, where it’s needed. For the surplus lines market that means Lloyd’s, which explains the annual visit to London of the top …
January 26, 2007
Hackers, terrorists and nations all use computers, but who really is capable of damaging the critical infrastructure of the United States? The University of New Hampshire has unveiled the UNH Cyber Threat Calculator, which assesses the level of threat any …
January 25, 2007
Aon has announced a major realignment in its London and Bermuda offices that handle major corporate global risks. The world’s number 2 broker is centralizing those operations in Bermuda, and is moving a high level executives from the London office …
January 25, 2007
The Contract Certainty Steering Committee (CCSC), the London market’s insurance industry body responsible for leading the contract certainty initiative, welcomed the FSA’s announcement confirming that the industry has delivered on its objective of contract certainty (See previous article). “Since December …
January 25, 2007
The UK’s Financial Services Authority (FSA) announced that “the insurance industry has met the challenge laid down to achieve a solution to contract certainty in the UK. This has resulted in a more efficient market for buyers, brokers and insurers …
January 23, 2007
Valencia, CA….In January 2007 QualCorp, Inc. began a new Nationwide campaign that focuses on the launch of their newest product – QueryPlus – a reporting tool. “Susan Burdick is one of the key factors in the success of our new …
January 22, 2007
Marsh announced from its London offices that it has named Chris Baker as Client Director within its Trade Credit Practice, and Doug Smith as a Business Risk Consultant based in Marsh’s Edinburgh office. Baker will report to Practice Leader Tim …
January 22, 2007
The UK-based XL Insurance Company Limited, part of Bermuda’s XL Capital, announced the launch of its new primary food and drink product contamination insurance, which includes integrated crisis management cover. XL said the policy “not only covers costs associated with …
January 22, 2007
President Bush will propose a tax deduction of $7,500 for individuals and $15,000 for families regardless of whether they buy their own health insurance or receive medical coverage at work. The proposal, to be announced Tuesday in his State of …
January 18, 2007
R. Lee Christie and Tracy Williams join Sidley Austin LLP as partners in the firm’s Tax Group, resident in the Chicago office. The new partners’ practices will focus principally on insurance tax law. Christie is a 1984 graduate of Harvard …