Chubb Syndicate 1882 at Lloyd’s has lost no time in concluding its first piece of business, a marine hull risk. The syndicate was formally approved at the beginning of June (See IJ web site – https://www.insurancejournal.com/news/international/2010/06/02/110392.htm). Rob Cage, active underwriter …
Essential Insurance, Higginbotham The Essential Insurance Group LLC, a property/casualty insurance and surety agency serving greater Houston, has joined forces with Higginbotham & Associates, a national insurance brokerage and financial services firm based in Texas. Under the terms of the …
As BP Plc rushed to raise cash to pay for the Gulf of Mexico disaster, a partner in the out-of-control well said the British company was likely guilty of “willful misconduct” and should shoulder the financial burden for the worst …
$1.6 Billion London-based BP told Reuters the oil spill in the Gulf of Mexico has already cost it $1.6 billion and that it would begin operating an additional mechanism to capture more crude from the leaking well in the coming …
British energy giant BP Plc is planning to raise $50 billion to cover the cost of the Gulf of Mexico oil spill, while the head of a $20 billion fund to compensate victims of the accident vowed Sunday that eligible …
Top 100 Agency Profile Agency Name: The Horton Group Inc. Headquarters: Orland Park, Ill. Year Founded: 1971 Locations: 15 2009 Total P/C Premiums: $258.3 million Commercial Lines: $221.4 million Personal Lines: $36.8 million Other than P/C: $269.7 million 2009 Total …
Avoca Insurance Holdings has established Manchester Specialty Programs Inc. (MSP) as a national programs platform. William D. Thompson has been named president and CEO of the organization. Thompson is directly responsible for the development and management of all program business. …
Lloyd’s has confirmed that a team has been sent to Chile to “help the market better understand the impact of February’s earthquake and assist in ensuring the speedy payment of valid claims.” The delegation, made up of representatives from the …
Two New England insurers have signed an affiliation agreement that they say will allow them to expand their capital base and combined footprints with agents in most of the six-state region. The agreement brings together Connecticut-based NLC Insurance Cos. and …
Willis Re, the reinsurance arm of Willis Group Holdings announced the establishment of a new office in Toronto, Canada. The office will open September 1, 2010 and will complement Willis Group’s existing presence in Toronto. Willis also has offices in …
