Yearly Archives: <span>2014</span>

Swiss Re Names Summerville Managing Director for Financial, Professional Services

Swiss Re Corporate Solutions has appointed Jeff Summerville to be head of Financial and Professional Services in North America. In this managing director role, he will lead underwriting teams for corresponding lines of business. Summerville’s primary responsibility will be Swiss …

Exxon Not Liable for Alligators in Mississippi Dump, Court Rules

Exxon Mobil Corp. isn’t responsible for alligators overrunning a rural dump site it owns in Mississippi, the state supreme court ruled, because the global oil explorer can’t control wild animals. The family that felt menaced by the scaly reptiles infesting …

Ames & Gough Appoints Senior VP in Virginia

Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service firms, has appointed Charlie Vonderheid as a senior vice president. He will be based in the firm’s McLean, …

Employers Names Mikulsky Senior Vice President in Nevada

Employers named Aaron Mikulsky as senior vice president of business process and policyholder services. He will be based out of Employers’ headquarters in Reno, Nevada. Mikulsky has more than 19 years of experience in the insurance industry, including experience in …

Why Marsh Is Rated Higher Than Aon: Moody’s

Insurance broker Marsh & McLennan Companies Inc. (MMC) carries lower financial leverage than peer Aon plc, resulting in a one-notch rating advantage for MMC, according to Moody’s Investors Service in its report, “Why Marsh & McLennan Is Rated Higher than …

‘Mega Trends’; Optimism at the EIF 2014 Conference; DIMA CEO Interview

Ireland has been through some difficult economic times, but this year’s European Insurance Forum, held at the Four Seasons Hotel on May 15 and 16, highlighted the progress that’s been made, and the bright prospects for the future, as well …

R.I. Approves WC Advisory Loss Costs Increase of 2.5% for Industrial Classes

Rhode Island’s Department of Business Regulation, Insurance Division, on May 15 approved a +2.5 percent overall increase in advisory loss costs for workers’ compensation for industrial classes and an overall increase of +5.4 percent for “F” classes. The approved increases …

Liberty Mutual Adds Cyber Coverages to Small Business BOP Policies

Liberty Mutual Insurance is now offering its small business customers data compromise and CyberOne endorsements for its BOP product available on the company’s eCLIQ policy administration platform. The data compromise endorsement carries an annual aggregate limit of $50,000 and is …

California Governor: Unprecedented Fire Season

Gov. Jerry Brown says the state is gearing up for California’s worst fire season ever. Brown told ABC’s “This Week” on Sunday that the nearly dozen fires in San Diego County that destroyed 11 homes and caused $20 million in …

Hollywood Project Draws Calls For Additional Quake Testing

Los Angeles building officials have called for more seismic testing at a proposed Hollywood development to determine if an earthquake fault runs under the project. The Los Angeles Times reported the order last week by city geologist Dana Prevost comes …