In order to expedite Utica’s long-term economic recovery plans, Illinois Gov. Rod Blagojevich announced more than $1 million in funding recently that will help rebuild and enhance this and other communities devastated by April’s deadly tornadoes. The storms killed eight …
Peru’s transportation minister said the country’s largest airline, grounded because of its reputed ties to cocaine trafficking, has transferred ownership to its employees in a bid to obtain an insurance policy to restart flights, the Associated Press reported. Aero Continente’s …
The U.K.’s Royal & Sun Alliance Insurance Group plc announced that it has agreed to sell its 51 percent stake in its Chilean life subsidiary, Compania de Seguros de Vida La Construccion, S.A., to La Camara Chilena de la Construccion, …
Bermuda-based PartnerRe has announced that it plans to “strengthen its market position in Latin America” with the opening of a new office, to be located in Santiago, Chile. “The new office will manage the business opportunities in southern Latin America …
Ohio-based Assurex Global, a privately held risk management and commercial insurance brokerage group, has expanded its worldwide presence with the addition of international broker partners in Lima, Peru and Tunis, Tunisia, as well as North American partners in Glastonbury, Conn.; …
Assurex Global Partners, the private organization of leading brokers and agencies, announced that it has expanded its worldwide presence with the addition of international broker Partners in Lima, Peru and Tunis, Tunisia, as well as North American Partners in Glastonbury, …
Australia’s QBE announced that it has acquired Reliance National Brasil Seguros, S.A. and has renamed the company QBE Brasil Seguros, S.A.,headquartered in Sao Paulo with a branch in Recife, one of the main business centers in the Northeastern Region of …
Progressive Insurance and Nextel, a provider of fully integrated, all-digital wireless service, announced the availability of progressive.com on the Nextel Wireless Web. The agreement gives Progressive’s 30,000-plus authorized, independent agents exposure to Nextel’s Wireless Web customers via their Nextel Internet-ready …
