February 14, 2012
If you’re going to be on either end of a kiss this Valentine’s Day, you might want to consider smooching bare-lipped. Most lipstick contains lead. Lead has been banned in paint since 1978 because of its toxicity at low levels, …
February 13, 2012
The Hartford Financial Services Group’s biggest stakeholder is not happy with its stock price and wants The Hartford CEO Liam McGee to do “something drastic,” including splitting up the company’s life insurance and P/C businesses. Speaking at the company’s earnings …
February 13, 2012
A billionaire Swiss industrialist and a Belgian executive were sentenced to 16 years in jail on Monday by an Italian court and ordered to pay millions of euros in damages for negligence that led to more than 2,000 asbestos-related deaths. …
February 13, 2012
A U.S. federal judge dismissed a large part of a nationwide lawsuit accusing BP Plc and top executives of fraud for misleading shareholders before and after the 2010 Gulf of Mexico oil spill about the oil company’s ability to respond …
February 13, 2012
The Oregon House Judiciary Committee on Monday tabled HB 4136, a bill its detractors said would have imported “the legacy of bad faith litigation” from neighboring states into Oregon. A handful of insurance trade associations urged the committee to reject …
February 13, 2012
Q4 2011 Q4 2010 Gross premiums written —- $91.7 mn $102.3 mn Full year – 2011 2010 $725.5 mn $720.0 mn Net premiums earned ——- $148.3 mn $162.2 mnn Full year – 2011 2010 $622.7 mn $625.4 mn Net income/loss …
February 13, 2012
A special report from A.M. Best Co. concludes that “competitive pressures will continue for Mexico’s insurers as they look to build on the industry’s low penetration level and tap a growing middle class segment. Small amounts of growth anticipated across …
February 13, 2012
Willis Re, the reinsurance arm of Willis Group Holdings, announced the appointment of Tony Melia as CEO of Willis Re International, effective immediately. He has been with Willis Re since 1988, and will lead the International Business Unit, which covers …
February 13, 2012
Marsh announced the appointment of Doug Dundas as its Global Head of Marketing and Communications. He is based in New York and will report to Peter Zaffino, President & CEO of Marsh, Inc. Dundas joins Marsh from Doug Dundas Communications, …
February 13, 2012
PMC Insurance Group, a national workers’ compensation insurance wholesaler, appointed Kate Alben as New England territory manager. Alben will be responsible for the expansion and growth of the New England territory, working with agency partners to offer workers’ compensation products …