The Bermuda-based Everest Re Group has appointed Jean-Luc Gourgeon to the position of European General Manager, based in London. He most recently served as the Chief Underwriting Officer for PARIS RE Group and CEO of PARIS RE France, having spent …
Florida hasn’t been hit by a hurricane since the disastrous years of 2004 and 2005, but the state’s property insurance companies say they are still losing money despite collecting billions in premiums. That has industry leaders, Gov. Rick Scott and …
Travelers Europe announced that Kendra Felisky has been appointed to the “newly created position of Chief Risk Officer, Europe, covering both Travelers Syndicate Management and Travelers Insurance Company.” She will be responsible for enterprise risk management in Europe “including the …
Florida’s residential property insurance market is bracing for even more volatility after the state’s modeling commission approved the use of the new Risk Management Services (RMS) catastrophe model. The Florida Commission on Hurricane Loss Projection Methodology approved the RMS U.S. …
A group of 30 brokers from across the U.S. and Canada are set to visit Lloyd’s this week as part of an annually organized broker program. They will come to London for five days to “learn about the Corporation of …
While the European Union is primarily focused on the approach of the Solvency II regulations in 2013, there are two additional regulatory bodies who are also considering some new rules that will affect not only the EU, but also the …
Margaret Murray Manning of Redondo Beach, Calif., has been found guilty of six felony counts for violating section 550(b) (3) of the California Insurance Code, for allegedly issuing more than 1,000 phony errors and omissions policies for life insurance agents …
Insurance Commissioner Dave Jones announced that he has appointed Erika Sperbeck as the new deputy insurance commissioner of the Administrative and Licensing Services Branch. Sperbeck comes to CDI from the California Health and Human Services Agency, where she has served …
A San Francisco Superior Court has approved California Insurance Commissioner’s rehabilitation plan for Majestic Insurance Co., a failed workers’ compensation insurance carrier. Under the plan, Majestic’s insurance liabilities and certain assets will be transferred to AmTrust North America Inc., which …
San Francisco-based Woodruff-Sawyer & Co., an independent insurance broker, has named John Pierson vice president, account executive, in the company’s Southern California Office. He will focus on client service and specialize in assisting with their risk management needs. Pierson has …
