Hint: Learn Before You Go The ancient expression “When in Rome, do as the Romans do” is used to warn friends and colleagues to respect and adapt to the culture of places that they visit. In the insurance industry, that …
Marsh has resurrected a name from the past with the announcement of the formation of Bowring Marsh as its specialist international placement broker for property (including terrorism) and casualty risks. Mark Gregory, currently UK head of Marsh’s Global Placement operations, …
Many of the thousands of people who have gone to court for illnesses stemming from the 2001 terror attacks don’t have serious health problems, lawyers for New York City claim in court papers. About 10,800 plaintiffs claim to suffer from …
A terrorism alert system installed in thousands of merchant ships after the September 11, 2001 attacks is flawed because it does not immediately notify local security authorities of an attack, said a report on the system. The Ship Security Alert …
Marsh has released key findings from its Financial Institutions – Captive Benchmarking Analysis report, to be published in September. The bulletin described the study as the “most in-depth review of the use of captive insurance companies by global financial institutions.” …
The Property Casualty Insurers Association of America hired Robert Gordon as the organization’s senior vice president of policy development and research. Gordon most recently served as the parliamentarian, senior counsel, ethics compliance officer for the Committee on Financial Services in …
The Property Casualty Insurers Association of America (PCI) announced today that Robert Gordon will serve as the organization’s senior vice president of policy development and research. David A. Sampson, president and CEO of PCI said that, “As we address the …
A.M. Best Co. has upgraded the financial strength rating to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit rating to “aa+” from “aa” of French government reinsurer Caisse Centrale de Reassurance (CCR), and has assigned stable outlooks to both …
A U.S. judge has ruled in favor of insurer Allianz in a dispute with World Trade Center developer Larry Silverstein about recovering money from third parties if they are found to be at fault in the September 11, 2001 attacks. …
Communities across the country and some in Wisconsin have signed up for domestic terrorism insurance. Local leaders say that while the likelihood of a terrorist attack is low, it’s still an insurance policy that makes sense. West Baraboo trustee Brucer …
