United States News

Despite Financial Crisis, Climate Change Concerns Continue

“This year’s climate change agenda has, if nothing else, highlighted that next year will be hard going for those wishing to set global agreement for action against climate change,” states a recent article on Lloyd’s web site (www.lloyds.com). The article …

Workplace Injury Rates Lower for Foreign-born Workers, Study Finds

A new study funded by U.S. National Institute for Occupational Safety and Health says that foreign-born workers reported a lower rate of non-fatal work-related injuries than U.S.-born workers, based on data collected from the National Health Interview Survey from 1997 …

Ratings Recap: Aspen, Munich Re (Malta), Qatar, Nissan, CMI, Takaful, Int’l.

A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Bermuda-based Aspen Insurance Limited (AIL) (Bermuda). Best also affirmed the ICR of “bbb” …

‘Death Map’ Geographers Compare Natural Event Fatalities by County

University of South Carolina geographers have produced a map of natural-hazard mortality in the United States. The map, featured in the Dec. 17 issue of the International Journal of Health Geographics, gives a county-level representation of the likelihood of dying …

Navigators Launches Environmental Unit; AIG’s Robinson Named VP

Navigators Management Co. has established Navigators Environmental, a new business unit that will focus on underwriting specialized environmental insurance products on a global basis. Adrien Robinson has joined Navigators as vice president and Environmental Practice Leader, and will be located …

Gallagher Stocks Up; M&A Activity Steady

Stock Prices: Arthur J. Gallagher’s stock price remarkably continues to hold strong as many stocks are experiencing historical declines. Gallagher is up 6.5 percent for the year. M&A Activity: Brokerage activity remains steady with several large transactions announced in the …

2008: A Year of Financial Storms

2008 can be described as a year like no other in the property/casualty insurance world. This year, the industry witnessed the near death of the world’s largest and most successful insurance company, AIG. The soft market continued to hamper revenues …

The View From London

Insurers Can Weather Global Financial Crisis Buyers that aren’t buying; houses that aren’t selling, banks that aren’t lending — sound familiar? But in this case it’s the United Kingdom that we’re talking about, not the United States. However, one thing …

Dunmoyer to Lead State Government Affairs for Farmers, Zurich in U.S.

Farmers Insurance Groups of Companies and Zurich Financial Services announced Dan Dunmoyer, who recently served as chief cabinet secretary and deputy chief of staff for California Governor Arnold Schwarzenegger, has accepted a national, executive position as head of State Legislative …

Texas Agent Group Revising Essentials Training Program

The Independent Insurance Agents of Texas is updating its training program designed to provide agents with a foundation in commercial and personal lines insurance. Beginning in January, IIAT is taking the best elements of its Commercial Lines Essentials and Personal …