France’s AXA Group announced that it has completed the acquisition of 36.7 percent of the share capital of RESO GARANTIA, Russia’s second largest P&C insurer. The transaction, which was announced on December 21, 2007, closed on June 17, 2008 (See …
Bermuda’s RenaissanceRe Holdings Ltd. marked the start of the 2008 hurricane season by holding a seminar, the first ever “Hurricane Risk Mitigation Leadership Forum”, which announced some key findings on how to improve conditions to lessen the impact of the …
Spanish retail bank Santander is considering buying Dresdner Bank in the latest twist of Germany’s bank merger frenzy, according to people with direct knowledge of the matter. The German banking industry is the throes of talks that could result in …
Crump Insurance Services named Michal Walter associate broker for the transportation department in Bothell, Wash. He will be responsible for quoting, binding, and servicing renewals and new accounts; developing relationships with various agents and markets; and assisting team members and …
California’s Senate Banking, Finance and Insurance Committee approved two bills — one allowing insurance cmpanies to require spyware to be installed in vehicles, and the other clarifying the duties of an agent versus those of a broker. AB 2956 would …
California Insurance Commissioner Steve Poizner announced that he has dispatched California Department of Insurance investigators to the Humboldt and Ophir Fire zones to provide assistance to fire survivors as they face the task of recovery. “As fire survivors begin to …
New Mexico’s Workers’ Compensation Administration shut down a Las Cruces business, alleging it was not complying with requirements to pay workers’ compensation insurance. Agency workers, accompanied by Dona Ana County sheriff’s deputies, closed and locked Affordable Southwestern Doors. The agency …
Four Ohio parents have filed a federal lawsuit against makers of baby bottles, claiming the bottles were made from a harmful chemical that sparked congressional hearings and prompted the world’s largest retailer to phase out the products. The complaint filed …
Colemont Insurance Brokers recently announced that Todd Brejcha has been promoted to assistant vice president in Colemont’s Chicago office. Todd joined Colemont in 1999 and has over 14 years in the insurance industry. He specializes in excess transportation, primary auto, …
Authorities have identified a maintenance worker who died when a freight elevator fell on him in Derby, Connecticut Police say 64-year-old Robert Beckwith of Ansonia was killed in Tuesday morning’s incident at Derby Cellular Products. They say it’s not clear …
