A series of tornadoes swept through parts of England Monday, tearing off roofs and bringing down trees, the national weather office and authorities said. Homeowners in the counties of Warwickshire, Bedfordshire and Hampshire reported damage to houses caused by the …
Bermuda’s XL Capital Ltd. announced that on September 21, 2007, the Company’s Board of Directors “approved a new share repurchase program, authorizing the Company to repurchase up to $500 million of its Class A ordinary shares.” XL said it expects …
Dublin-based Research and Markets has published “International Reinsurance Review 2006/07.” R&M described the new addition to their research offering as “a compilation of informative chapters that combine to provide a dialogue on the current issues of debate within the reinsurance …
The European Commission has issued its long awaited final report on business insurance practices within the 25 member countries of the European Union. It raises questions of unfair competition in two areas: 1) premium “alignment” in reinsurance and “coinsurance;” and …
“Arnie” and “Al,” Republican and Democrat, shared the world spotlight to press for climate action, adding a touch of star quality to the staid proceedings of a U.N. summit. The two headliners, California Gov. Arnold Schwarzenegger and former Vice President …
A propane gas line caused an explosion and fire in a three story apartment building in Deerfield Beach, Fla., that left more than 100 people homeless, authorities said Monday. The explosion was traced to a stove in a vacant apartment, …
A train derailment in Flomaton, Ala., over the weekend caused some anxiety and evacuations after authorities learned that the 66-car train was carrying anhydrous ammonia. The derailment that occurred after 9 p.m. on Sept. 22 when 11 of the cars …
A former Los Angeles insurance broker surrendered himself to authorities after being convicted of two fraud counts, the California Department of Insurance reported. Gurjeet Singh (aka George Singh), 57, of Los Angeles, was sentenced on July 2, 2007, to serve …
The Missouri Department of Insurance, Financial Institutions & Professional Registration today announced that John Rehagen will serve as Captive Insurance Program manager for the Insurance Solvency & Company Regulation Division. This announcement comes after Gov. Matt Blunt signed legislation earlier …
Schaumburg, Ill.-based the Society of Actuaries (SOA) recently announced that Cecil D. Bykerk was elected president of the Society of Actuaries for the 2008 – 2009 term. Bykerk will serve as president-elect during the association’s 2007 – 2008 year and …
