The insurance industry called the passage of the Wall Street Reform & Consumer Protection Act on July 21, 2010, a “big win” thanks to provisions in the massive reform bill that would modernize regulation and taxation issues for surplus lines. …
Insurance brokerage and risk management firm Integro has acquired ReSource Intermediaries, Inc., a reinsurance advisory and brokerage firm based in San Francisco. The move paves the way for New York-based Integro to become a reinsurance broker in the U.S., according …
Reinsurance specialist Guy Carpenter & Co., LLC, a part of the Marsh & McLennan Cos., has formed a dedicated Florida business unit. The new unit, based in Tampa, will address the complex needs of Florida-based companies and the Florida insurance …
The recession and slowdown in construction activity in New York City had a silver lining last year: fewer workplace deaths. The federal Bureau of Labor Statistics reported that there were 63 workplace fatalities in the city in 2009. That’s 27 …
Families of at least five passengers killed when a plane crashed into a home last year have reached settlements with the airlines involved, and more agreements are expected before a wrongful-death trial begins, lawyers said. So far, 39 lawsuits have …
Markel Corporation has introduced Markel Management Liability, an integrated suite of coverages including directors’ & officers’ liability, employment practices liability, and fiduciary liability. The coverages are available as a package policy or as stand-alone coverages. Markel Management Liability protects insureds …
A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating (ICR) of “bbb+” of Western General Insurance Company. Best indicated that, although the outlook for the FSR is stable, the outlook for the …
New York-based insurer Merchants Insurance Group has promoted Eric Feit to assistant vice president and regional manager of its Eastern Strategic Business Center in Hauppauge, New York. Feit has more than 30 years of experience in the insurance field, and …
C.V. Starr & Co has opened its French branch of Starr Underwriting Agents, Ltd. in Paris. The Company also announced the appointment of both Nicolas Berg as Regional Manager Europe, Starr Casualty, and Olivier Decombes as Regional Manager Europe, Starr …
A lawyer representing 10,000 ground zero workers suing New York City over their exposure to World Trade Center dust said Tuesday that 75 percent have signed a settlement resolving their claims and most of the rest have indicated they will …
