Standard & Poor’s Ratings Services announced that it has affirmed its ‘BBB’ long-term counterparty credit and insurer financial strength ratings on all Alea group operating entities: Alea Europe AG, Alea (Bermuda) Ltd., Alea Global Risk Ltd., Alea Jersey Ltd., Alea …
Special agents from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) and Edmonds, Washington police officers have arrested two men for the Dec. 17, 2004, arson of the Gregory Building in Edmonds, and more arrests are anticipated, according to …
A bulletin from Aon Corp. notes that Aon Vietnam was named the winner in the category of “Best Business Style,” as selected by voting and analysis by the Vietnam Economic Times and the Vietnam Ministry of Planning and Investment at …
David Duclos, the COO of XL Capital Ltd.’s insurance operations (XL Insurance) announced the appointment of John R. Glancy as Chief Underwriting Officer for XL Insurance’s Global Professional operations. He previously served as COO of its Design Professional unit. Glancy …
At its meeting today, Feb. 15, the Council of Lloyd’s announced the following appointments: – Lord Levene was re-appointed as Chairman of Lloyd’s; – Bronek Masojada, Chief Executive of Hiscox, was re-appointed as Deputy Chairman of Lloyd’s; – Ewen Gilmour, …
Munich Re followed Swiss Re’s announcement yesterday (See IJ Web site Feb. 14) with its own upbeat report on the January reinsurance treaty renewal season. The world’s largest reinsurer said that as of Jan. 1 it had “renewed about 66 …
Republican legislative leaders in Iowa are hoping to cap excessive damage awards with a proposal that would slap a $500,000 limit on punitive damages assessed in medical malpractice lawsuits. Senate Republican President Jeff Lamberti said doctors are being forced out …
Research and Markets (http://www.researchandmarkets.com/reports/c32764) reported the addition of Insurance Coverage Dispute to their offering. The authors explain all aspects of litigating insurance coverage disputes in detail, including the varieties of policies and coverage, obligations of policyholders and insurers, and the …
With the indictment of Tom Noe this week, the Ohio Bureau of Workers’ Compensation (BWC) re-asserted the hope that its 2005 financial audit will be completed soon. The bureau, along with the Auditor of State’s Office (AOS) and KPMG LLP …
Indianapolis-based National Association of Mutual Insurance Companies is sponsoring a Commercial Lines Underwriting Seminar on March 1-3, 2006 at the Sofitel Chicago Water Tower in Chicago. The agenda stresses the need for commercial lines underwriters to constantly sharpen skills and …
