February 21, 2010
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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …
February 18, 2010
Efforts to extend the Kyoto climate pact framework risk collapse in a setback to years of diplomatic bargains, as chances fade that the United States will join other rich nations in capping emissions. December’s U.N. climate conference in Denmark failed …
February 18, 2010
U.N. climate chief Yvo de Boer said on Thursday he will step down in July to join a consultancy group, two months after a Copenhagen summit failed to support a legally binding climate pact. His departure is unlikely to dent …
February 17, 2010
Arthur J. Gallagher & Co. has acquired Securitas Re of Sao Paulo, Brazil from Estater Gestao de Investimentos Ltda. Terms of the transaction were not disclosed. It will trade internationally as Gallagher Brazil, as a licensed facultative reinsurance broker, and …
February 17, 2010
The specialist market for insurance covering product recall and product contamination is resilient and stable, according to Ian Harrison, an expert in the field, in a new report – “Supply and Demand Growing for Product Recall Insurance – from Lockton. …
February 17, 2010
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 …
February 16, 2010
Two commuter trains collided head-on near Brussels yesterday morning, killing 18 people, and injuring another 150, 55 seriously. The crash occurred during the morning rush hour with more than 300 people aboard the trains. Rescue efforts were hampered by freezing …
February 16, 2010
Catlin Group Limited has expanded its Australian operations with the opening of a second office in Melbourne in addition to the head office in Sydney. Catlin appointed Rory Morison to head the new operation He has relocated to Melbourne from …
February 16, 2010
Willis Group Holdings Chairman and CEO Joe Plumeri, speaking to a meeting of insurance executives at Willis’ London headquarters, reiterated the broker’s long standing position that it would not accept contingent commissions. Plumeri explained that disclosure of broker and agent …
February 12, 2010
An article on the Lloyd’s web site (www.lloyds.com) points out that there are “around 1,500 active volcanoes in the world and, although deadly eruptions are rare, they can cause devastation to people and property over a wide area, leaving huge …