Towers Watson named Brendan Osean as vice president, property insurance, in its insurance brokerage business. In his role, Osean will be responsible for overseeing the design and placement of commercial property insurance programs for U.S.-based and international companies, as well …
U.S. futures and securities regulators unveiled a crucial part of their expanded supervision of the swaps market on Wednesday, by defining what products will be covered by last year’s financial oversight legislation. The proposals provided the market some long-awaited clarity. …
Peerless Insurance, a Liberty Mutual Agency Corp. regional company, has expanded its small commercial appetite with the addition of more than 40 business classes to its Commercial Protector BOP product. The majority of the additional classes are in wholesale/retail, office, …
The Higher Education Practice of Arthur J. Gallagher Risk Management Services, Inc. (Gallagher), has created a new trip cancellation and interruption program designed to protect the financial investments made by schools, colleges and universities in their study abroad pursuits. Designed …
The Chevrolet Volt and Nissan Leaf got top safety ratings in some of the first-ever tests of electric cars by an insurer-funded research group. Both cars earned top scores for front, side and rear-impact crashes and for rollover crash protection, …
Catastrophe losses approached record levels in the first quarter but despite this commercial property/casualty insurance rate increases were confined to loss-affected exposures. In regions and for classes of business not affected by recent losses, there was little change in market …
The U.S. Supreme Court considered Monday whether to make it more difficult for shareholders to proceed with certain class-action securities-fraud lawsuits against publicly traded companies. The hour-long arguments before the justices in the case comes at a time when dozens …
IronPro, the professional liability unit of Ironshore Inc., has introduced a kidnap & ransom product to complement its suite of management liability coverages. IronPro is offering kidnap & ransom coverage complete with crisis response services, as a leading standalone policy, …
The National Federation of Independent Business (NFIB) has extended discounted workers’ compensation coverage benefits to its members in Indiana, North Carolina, Virginia and Missouri through EMPLOYERS. EMPLOYERS currently offers NFIB members discounted workers’ compensation coverage in 10 states with plans …
Aon Risk Solutions has appointed Christopher Baudouin as chief executive officer of the Aon Global Client Network. Most recently, Baudouin served in a dual capacity as president and CEO of Aon Risk Solutions Mexico and chief operating officer of Aon …
