April 9, 2009
The Gibraltar Group, a full-service insurance and risk management firm headquartered in Lubbock, Texas, announced that the company has been selected to become a part of Sitkins International, an organization whose membership includes independent insurance agencies and brokerages in the …
April 9, 2009
Guy Carpenter & Co. LLC completed the previously announced acquisition of John B. Collins Associates Inc. The acquisition of Collins, the fifth largest reinsurance intermediary in the United States and seventh largest in the world, strengthens Guy Carpenter’s capabilities in …
April 8, 2009
Webb Young Webb Liles & Tolentino, an Oklahoma City-based independent insurance agency since 1947, joined Bainswest Inc. as a member agency effective January 1, 2009. The announcement was made jointly by WYWLT principal, Bobby Young and Bainswest President Mike Loftis. …
April 7, 2009
The Doha round of global trade talks could be concluded within eight months after negotiators agree modalities on industrial tariffs and agriculture subsidies, the head of the World Trade Organization said. WTO Director-General Pascal Lamy said on Tuesday the WTO …
April 6, 2009
Gillis, Ellis & Baker Independent insurance agency Gillis, Ellis & Baker Inc. (GEB), headquartered in New Orleans, opened a new office in Houston under the name of Gillis, Ellis & Baker of Texas PLLC. “We have clients with operations in …
April 6, 2009
Deteriorating economic conditions threaten a massive wave of corporate defaults. Corporate borrowers’ inability to fulfill debt obligations could prompt a bankruptcy filing surge and lead to lawsuits as creditors and shareholders seek to recoup their losses. These claims could present …
April 6, 2009
AIG American International Group is taking down the most prominent sign at its downtown Manhattan offices. According to a Reuters report, a spokesman said the company had decided to replace the large AIG sign — outside the entrance to its …
April 6, 2009
Overcome Fear, Uncertainty and Doubt in Agency Offices In a recession, it’s an easy decision to stop promoting your agency until the economy kicks back into gear. But is it the right one for your business? Marketing hibernation eliminates the …
April 6, 2009
Global warming should lift sea levels along the U.S. Northeast nearly twice as fast as global rates this century, putting New York City at risk to damage from hurricanes and winter storm surges, scientists said. “The northeast coast of the …
April 6, 2009
Nautilus Insurance Group named Thomas Miali as assistant vice president-property underwriting. Miali joins Nautilus from a reinsurance company where he served as vice president. His background includes managerial positions specializing in property underwriting for both primary and reinsurance companies. He …