March 10, 2010
China and India joined almost all other major greenhouse gas emitters on Tuesday in signing up to the climate accord struck in Copenhagen, boosting a deal strongly favored by the United States. More than 100 nations have now endorsed the …
March 9, 2010
The Internet was built on freedom of expression. Society wants someone held accountable when that freedom is abused. And major Internet companies like Google and Facebook are finding themselves caught between those ideals. Although Google, Facebook and their rivals have …
March 9, 2010
The Association of Bermuda Insurers and Reinsurers (ABIR) has filed an opposition to HR 2555 which, the Association warns would “replace private sector risk bearing capital with government reinsurance and government guarantees of state debt.” In a letter addressed to …
March 9, 2010
LIG Marine Managers has opened a new division, LIG West, and branch office located in the Financial District of San Francisco. LIG West will operate in the 11 western states. “This new division will provide LIG West Coast agents with …
March 8, 2010
AIG is selling its foreign life insurance unit to MetLife Inc. for about $15.5 billion, its second major asset sale in a week as it raises funds to repay a massive U.S. government bailout. MetLife said Monday that it would …
March 8, 2010
Boston-based risk modeling firm AIR Worldwide estimated that the insured losses from the winter storm that struck the East Coast between February 23 and 28 will be between $150 million and $350 million. Total Insured losses from two prior storms …
March 8, 2010
Phoenix-based Mountain West Agency Services Inc., a wholly owned subsidiary of SCF Premier Insurance Co., named Donald L. Kasper general manager and Jim McErlean as marketing specialist. Kasper has worked in the insurance industry since 1971, and has a proven …
March 7, 2010
Thomas J. Schaffler has been named president of Lockton Cos. employee benefits practice in Chicago. He joined Lockton more than 10 years ago as executive vice president and producer and serves on the Chicago executive committee. He is also a …
March 7, 2010
Threats On Rise and TRIA Funding Faces Possible Cutback; Standalone Market Could Gain The threat of terrorism in the U.S. is rising but the future of the Terrorism Risk Insurance Act (TRIA) is in question. At a time when top …
March 7, 2010
Top 100 Agency Profile Agency Name: Mesirow Financial Services Inc. Headquarters: Chicago, Ill. Year Founded: 1937 2008 Total Premium Volume: $1.4 billion Property/Casualty: $397.5 million Other than P/C: $1.0 billion % Commercial: 24% % Personal: 12% 2008 Revenues: $90.5 million …