Yearly Archives: <span>2012</span>

RSA Acquires Quebec Insurer L’Union Canadienne

RSA announced that it has acquired L’Union Canadienne, Compagnie d’Assurances from Co-operators General Insurance Company, subject to regulatory approval. “L’Union Canadienne is the third largest intermediated Motor and Property insurer in Quebec, distributing products through a network of more than …

Brazilian Firm Sues Florida Over Cuba, Syria Law

The U.S. subsidiary of Brazilian construction and engineering conglomerate Odebrecht has filed a lawsuit challenging a recently signed Florida law barring local governments from hiring companies that do business in Cuba or Syria. The lawsuit, filed on Monday in Miami …

Hurricane Region Residents Urged to Have Tech Backups

People living in hurricane prone areas should have a backup tech plan in case a storm hits, because Internet and cell phone connections are likely to go out, FEMA director Craig Fugate said recently during the first day of the …

Tennessee Family Sues County Schools, Claims Bullying

The family of a former Clarksville-Montgomery County Schools student has filed a lawsuit, claiming school officials failed to shield their daughter from bullying. According to The Leaf-Chronicle, the civil lawsuit was filed in Clarksville by Carlos and Julie Ramos. The …

New Gulf Oil Spill Claims Process to Begin

Thousands of victims of BP’s 2010 Gulf oil spill will participate in a new process for economic-loss and medical claims associated with the accident. The Deepwater Horizon Claims Center, run by court-appointed administrator Patrick Juneau, will open 18 intake centers …

Financial Reporting Improved Under 10-Year Old SOX Law: Survey

Corporations’ internal control over financial reporting has “significantly or moderately improved” in the 10 years since the Sarbanes-Oxley Act (SOX) became law, according to a majority of executives surveyed by the consulting firm Protiviti. “Sarbanes-Oxley has had its share of …

Darlene Stevens Joins NARS as Director of Quality Assurance and Claims Operations

Altamonte Springs, FL, 06/06/12 —North American Risk Services (NARS) has appointed Darlene Stevens to the newly created role of Director of Quality Assurance and Claims Operations. Darlene’s background is in claims with multi-line experience. She received her BA in Business …

Will There Ever Be a United States of Europe?

From recent news you will have learned that the euro zone crisis continues to be the 700 pound gorilla in the room of the global economy. It’s become increasingly clear that, whatever happens in Greece on June 17, the euro …

Economic Storm Clouds Continue to Gather over Europe

In many ways Ireland is a “microcosm for Europe,” said Danny McCoy, the Director General of the Irish Business & Employer’s Confederation (IBEC) at the EIF Forum. He described the present situation as a “crisis of government and of business …

Willis Names Fagerli to Head Norway Subsidiary

Willis Group Holdings announced that Nils Arne Fagerli has been appointed CEO of Willis Norway AS, effective immediately. He is based in Oslo and reports to Adam Garrard, CEO of Europe (Willis International). Fagerli joins Willis from GIEK Credit Insurance …