NFP Property & Casualty Services Inc. named Pat Gleason commercial lines vice president in Mesa, Ariz. Gleason has 30 years of experience in risk management. He specializes is large wholesale distributors, construction, and welding and gas distributors. His experience includes …
Circuit Court Judge Thomas Evans III has been appointed to the West Virginia court system’s Business Court Division. The West Virginia Supreme Court said Chief Justice Brent Benjamin named Evans to replace former Circuit Court Judge Donald Cookman, who was …
U .S. regulators are discussing whether the batteries that burned on Boeing Co.’s 787 Dreamliner hold any lessons for other aircraft or vehicles. George Nield, associate administrator for commercial space transportation at the Federal Aviation Administration, said a dialogue is …
Chubb Insurance Company of Europe announced two appointments in its financial lines business. Julie Marcello has been named to the role of European Chubb Specialty Insurance Manager. Chubb Specialty Insurance (CSI) manages financial lines insurance through its Executive Protection and …
Federal securities class action filings in 2012 decreased by about 10 percent from 2011. There were 172 cases in 2012, compared to 191 cases in 2011, according to consultant PwC US in its annual securities litigation study. While the first …
A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 958, both with stable outlooks. Best has also withdrawn the ratings in response to management’s …
On Friday April 12, 2013 the Government of Jamaica and the Caribbean Catastrophe Risk Insurance Facility (CCRIF) signed a Memorandum of Understanding (MoU), formalizing a donation of $100,000 made by CCRIF to the Government of Jamaica to support Jamaica’s post-disaster …
Recent natural catastrophe losses, including last year’s Hurricane Sandy, have prompted “a mild hardening in the Downstream Energy insurance market, so much so that some Downstream insurers may be on the cusp of withdrawing from the market,” according to Willis …
Scientists are struggling to explain a slowdown in climate change that has exposed gaps in their understanding and defies a rise in global greenhouse gas emissions. Often focused on century-long trends, most climate models failed to predict that the temperature …
“Sandy has been retired from the official list of Atlantic Basin tropical cyclone names by the World Meteorological Organization’s hurricane committee because of the extreme impacts it caused from Jamaica and Cuba to the Mid-Atlantic United States in October 2012,” …
