LIG Marine Managers has opened a new division, LIG West, and branch office located in the Financial District of San Francisco. LIG West will operate in the 11 western states. “This new division will provide LIG West Coast agents with …
ACE UK has appointed Victoria Keeble as Environmental Risk Underwriter. She will report to Wayne Harrington, UK & Ireland Manager – Environmental Risk and work within the London environmental team to underwrite business in this fast growing sector. Keeble has …
New York regulators are pursuing a reincarnation of the New York Insurance Exchange, a Lloyd’s of London-style insurance market, which lasted for several years the last time it was tried. Insurance Superintendent James Wrynn said the exchange would help fill …
Florida Surplus Lines Premiums/Policy Count 2009 2009 2008 2007 2006 2005 Aggregate Premium $3.8 billion $4.2 billion $4.8 billion $4.7 billion $3.7 billion Policy Count 682,221 724,158 745,714 789,101 781,111 Top Florida Surplus Lines Coverages by Premium Amount in 2009 …
The founder and retired chairman and CEO of the world’s largest insurance broker, Aon, has revealed the management team and a second subsidiary for his new global specialty insurance operation whose first company was unveiled in December. Pat Ryan announced …
February was a short month, but a deadly one. In addition to a massive earthquake in Chile, the Northeastern U.S. was hit by three blizzards; floods and mudslides ravaged the Portuguese island of Madeira and beleaguered Haiti, and a violent …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Outbreak Extra Expense Market Detail: American Underwriting Managers offers a product designed to provide businesses …
The nation’s largest insurance brokers have received the go-ahead to begin accepting contingent commissions again – but two of them say they won’t do it. Officials in New York, Illinois and Connecticut have agreed to amend agreements under which the …
Malaysia and Indonesia said on Thursday they are stepping up security in the Strait of Malacca, one of the world’s busiest shipping lanes, following the Singapore navy’s warning of possible attacks on oil tankers. The Singapore navy “has received indication …
Standard & Poor’s Ratings Services has published updated assumptions for assessing European insurance hybrid capital instruments (see “Assumptions: Implications Of Solvency II Proposals For Our European Insurance Hybrid Criteria”). “We published the new criteria to clarify several areas, said the …
