Aon has issued a bulletin calling on the P&I Clubs – ‘Protection & Indemnity’ mutual associations that provide liability coverage for most of the world’s marine transport – “to remove their war risks exclusion to give ship owners greater coverage …
A.M. Best Co. has revised the outlook to positive from stable for the issuer credit ratings (ICR) of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate, the UK-based Travelers Casualty …
An article on the Lloyd’s of London web site (www.lloyds.com) notes that “Lloyd’s Chairman Lord Levene visited Germany last week to speak with insurance and business leaders, as well as the media, on topics ranging from the threat posed by …
The Price of Feedom “What else is new; it’s New Jersey. Raise fees, that’s all we do.” —Sean Tomlin, of Millville, New Jersey, commenting on dozens of proposed fee hikes for motor vehicle operators in the Garden State. The Motor …
Glencairn, a company within Faber & Dumas, the third-party wholesale insurance broker created by Willis, announced the promotion of Nick Cook to Chief Executive Officer effective immediately. Previously a Director and Senior Partner of Glencairn and head of its Property …
Those seeking a place to live, work or raise a family in a safe and secure environment should consider the Pacific Northwest, according to the fifth annual Most Secure U.S. Places to Live rankings from Farmers Insurance Group of Companies. …
A five-story building collapsed at a lower Manhattan construction site on Thursday, but fire officials said it appeared no one was inside. Emergency crews with a dog were sifting through the building’s rubble and were going through a neighboring building …
A federal judge has awarded a former Army Special Forces commander nearly $500,000 because she was rejected from a job at the Library of Congress while transitioning from a man to a woman. Diane Schroer of Alexandria, Va., applied for …
A study, published by Marsh, finds businesses continue the trend to self-insure through captives. “Despite the global economic recession and continued soft commercial insurance market, businesses in all parts of the world continue to use captive insurance companies as mechanisms …
As the world grapples with the worst economic downturn in decades and the possibility of a flu pandemic, a growing body of research suggests the complexity of the modern global economy may make us more vulnerable than ever to catastrophe. …
