Lloyd’s has published a more detailed strategy for 2014-2016, setting out how it will work towards achieving its goals, embodied in its “Vision 2025” Plan, which details “how the Corporation will support managing agents, brokers and capital providers in an …
According to catastrophe modeling firm AIR Worldwide, on the morning of April 18, 2014, a M7.2 earthquake struck southwestern Mexico, 37 km [23 miles] north of the municipality of Tecpán de Galeana (approximate population 53,000). The epicenter is located 273 …
The Association of Bermuda Insurers and Reinsurers (ABIR) has released the 2013 global underwriting results for its member (re)insurers. 18 of its 21 member (re)insurers participated in the 2013 report. The companies write insurance and reinsurance from underwriting centers in …
Selling insurance against a financial crisis should not be difficult five years after the last one nearly wrecked the global economy. But when it comes to China, the world’s second-largest economy, the probability of a full-blown crisis is apparently so …
Los Angeles, CA, 4/21/14 – Sullivan Brokers Wholesale Insurance Solutions is pleased to announce that effective April 15, 2014; Jim Sce has joined the firm’s Casualty Practice Group in the position of Vice President. In addition to his well-known & …
Two of the country’s top disaster experts challenged emergency managers and forecasters from Texas to Maine to help educate coastal residents and developers about hurricane hazards. Speaking at the National Hurricane Conference in Orlando, the head of the Federal Emergency …
A national insurance company has announced plans to create new jobs in middle Georgia. The Telegraph of Macon reported that Geico is planning to add more than 500 new positions to its Macon office by the end of the year. …
The state’s civil rights laws include the protection of women discriminated against for pregnancy, the Florida Supreme Court ruled Thursday. The opinion finds that the intent of current statute, though not explicitly addressing pregnancy, protects individuals based on gender. In …
Dallas, Texas – based RISC named Shawn O. Fabors president of the company upon the retirement of William D. Staub, Jr. The transition was effective Apr. 1. Staub joined RISC as president in January 2003 after serving as president and …
The latest edition of the Aon Benfield Aggregate (ABA) report estimates that global reinsurer capital totaled $540 billion as of Dec. 31, 2013, an increase of 7 percent ($35 billion) over the year, with net income up 16 percent to …
