AIG to Accelerate MetLife Sales, Government Repayment March 2, 2011 By Alina Selyukh and Ben Berkowitz Bailed-out insurer American International Group will sell off its stake in MetLife Inc. months earlier than expected, accelerating its repayment...
Zurich Closes Sale of Unnim in Spain March 2, 2011 Zurich Financial Services Group announced that it has “closed the sale to Unnim of its 50 percent stakes in the...
Crawford & Co. Completes Studio Bolton Acquisition March 2, 2011 Crawford & Company announced that it has successfully completed its acquisition of Studio Bolton & Associati s.r.l., first announced in...
Swiss Re Estimates Christchurch Quake Claims at App. $800 Million March 2, 2011 Swiss Re has announced that, based on current information, it provisionally estimates its claims cost from the earthquake in New...
Climate Change to Drive up Food Prices March 2, 2011 By Bruce Hextall Global food prices are likely to keep rising as production struggles to match demand and extreme weather events become more...
ABI Describes EU Court’s Ban on Gender Use as ‘Disappointing’ March 2, 2011 “The decision by the European Court of Justice (ECJ) to ban the use of gender in insurance policies from December...
Kiln, Lockton Team Up to Offer Cyber Coverage to UK Retailers March 2, 2011 Lloyd’s insurer Kiln and international broker Lockton have teamed up to offer cyber insurance to small- and medium-sized online retailers....
Carolina Casualty Extends Trucking Binding Authority of All Risks, Ltd. March 2, 2011 Carolina Casualty Insurance Co. has extended All Risks, Ltd.’s binding authority nationwide, effective March 1, 2011. All Risks, Ltd. has...
Froment Named Chief Administrative Officer at Ohio Insurance Department March 2, 2011 Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor named Jillian Froment the department’s chief administrative officer. Froment is...
Allied American Underwriters Adds King in Louisiana March 2, 2011 Allied American Underwriters (AAU), a national program manager and subsidiary of USG Holding/USG Insurance Services, has added Pamela King as...