Monthly Archives: <span>April 2011</span>

Fire Deaths Prompt New York to Eye Illegal Subdivisions

City fire and buildings officials will search for new ways to target landlords who unlawfully subdivide their properties, Mayor Michael Bloomberg said Tuesday in the wake of a fire that killed a family living in illegal housing. Bloomberg said city …

Fire Risk Prompts Florida to Restrict Everglades Access

Florida wildlife officials are imposing restrictions on use of some Everglades recreation areas due to increased risk of fire. The Fish and Wildlife Conservation Commission decided Tuesday to prohibit motor vehicles, motorcycles, airboats and campfires in parts of Broward and …

Tennessee Lawsuit Damages Bill Advances in Senate

Gov. Bill Haslam’s proposal to limit lawsuit damages is advancing in the Tennessee Legislature. The measure was approved by the Senate Judiciary Committee 6-3 on Tuesday and will now be scheduled for a vote on the Senate floor. The companion …

Vermont Mutual Hires Liberty

Vermont Mutual Insurance Group has hired Paul Liberty as its property claim program manager. Liberty is a 30-year industry veteran. He most recently held a senior management position with Narragansett Bay Insurance Co. and has also held positions with Pawtucket …

Heffernan Hires Mauro to Lead New Manhattan Office

Heffernan Insurance Brokers has expanded in to New York and hired Joseph A. Mauro to manage its Manhattan-based operation in the state. Heffernan Insurance Brokers has six California offices — including its Walnut Creek headquarters — and additional locations in …

First Quarter Earnings Reports: Montpelier Re, Everest Re

Best Affirms SCOR and Subs Ratings after Transamerica Re Deal

A.M. Best Europe – Ratings Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of French reinsurer SCOR SE and its subsidiaries. Best also affirmed the subordinated debt ratings …

Cooke to Head Lloyd’s Marketform Marine Cargo Underwriting

London-based specialist Lloyd’s insurer Marketform announced that experienced London Market underwriter Gary Cooke will join the company effective June first, as head of Marine Cargo Underwriting. “After two years at the Bank of England, Cooke joined Lloyd’s in 1980 and …

Asbestos: Japan Tsunami’s other Hidden Danger

Inside the chunks of slate and wallboard smashed and scattered by Japan’s tsunami hides a health risk that has been overshadowed by contamination from a leaking nuclear plant: the odorless and nearly invisible threat of asbestos. Activists have found the …

Lockton Dubai Names Dawes Specialist Financial Lines Broker

Lockton in Dubai announced the appointment of Neil Dawes as a specialist financial lines broker providing (re)insurance and risk management expertise to clients in the Middle East and North Africa (MENA) region. He has more than “24 years of experience …