Privately held insurance broker Lockton Companies expanded its St. Louis, Mo., office with the addition of Timothy George as vice president and producer. George comes to Lockton after more than 20 years at Aon Risk Services, where he most recently …
Accused swindler Allen Stanford may not use $100 million in a Lloyd’s of London directors and officers insurance policy to pay the lawyers defending him on charges of running a $7 billion fraud, a U.S. judge in Texas ruled recently. …
The National Association of Insurance Commissioners (NAIC) elected Louisiana Insurance Commissioner James J. Donelon as Secretary-Treasurer for 2011. Donelon is presently serving on the Executive Committee of the NAIC and is chairman of its Surplus Lines Task Force. He will …
Floods, Erosion and Other Hazards “The Galveston-Harris County area is one of the most floodprone areas in the United States. … Also, erosion is a huge problem that is not going away any time soon. —Sam Brody, who heads the …
Addressing Changes in EU and U.S. Regulations; North American Lloyd’s Reorganization Sean McGovern, Lloyd’s general counsel and, since February 2010, the director of Lloyd’s North America, may still have time to pursue his favorite pastime – sailing – but he …
Commercial Lines Capacity ‘Remains Plentiful’ Underwriting capacity remains plentiful across most lines of commercial insurance and there are no significant insurance coverage restrictions, despite major losses associated with the Deepwater Horizon spill and the Chilean earthquake, according to a recent …
Mark Harman, CEO of Crawford & Company for Continental Europe, Middle East & Africa, and Paul Ogni, Country Manager of Crawford & Company Italia, together with William Bolton, Chairman of Studio Bolton & Associati, have jointly announced that the “two …
The Bermuda-based Catlin Group Limited’s interim management statement highlighted some significant premium increases in certain lines. The bulletin said: “Group-wide net premiums earned increased by 13 percent in the nine months ended 30 September 2010. Approximately half of this increase …
Even if the fiery blowout of a Rolls-Royce engine proves no fault of the builder, recent setbacks in aerospace could force investors to rethink bets on the next generation of far more challenging planes. “This incident serves as a wake-up …
Professional services company Towers Watson will buy insurance consulting and software company EMB to expand its offerings to property and casualty insurance clients, the companies said Wednesday. Terms were not disclosed. London-based EMB provides property/casualty actuarial software and consulting services …
