They’re among the most effective lifesaving devices a homeowner can have, cutting the risk of death from a fire nearly in half. But rural communities — where people are at greatest danger of dying by fire — usually lack programs …
In a bulletin released in advance of Marsh’s National Oil Companies Conference to be held next week, the broker warned that oil companies run the risk of being under insured as world oil prices reach record highs. Andrew George, Managing …
Chicago-based Navigant Consulting, Inc. has established Navigant Consulting (Bermuda) Ltd. to extend its services to the island’s insurance and reinsurance market. “The Company will offer its full suite of consultancy services to insurance and reinsurance companies, sidecars and captives, including …
The slipcases at Lloyd’s are slowly going the way of the buggy whip. In a recent announcement the Market Reform Group (MRG) published details of the arrangements which, it said, “will see the end of paper processing for accounting and …
Swiss Re announced that it will become an admitted reinsurer in Brazil with a representative office in São Paulo. The world’s largest reinsurer joins Lloyd’s and Munich Re in accessing the Brazilian market following regulatory changes that did away with …
According to a recently conducted survey of 138 underwriters, Lloyd’s found that the instability of global financial markets is the single factor that will have the most impact on the insurance industry during 2008. Lloyd’s annual underwriters survey asked the …
San Diego, CA, 02/20/2008 – ARROWHEAD General Insurance Agency, Inc. announced today that Richard S. Rohde, president of Arrowhead’s Commercial Auto, Specialty Contractors and Surety Programs, is retiring from the company effective June 30, 2008. The company had previously appointed …
The Centers for Disease Control and Prevention plan to hold seven public meetings in south Louisiana to talk with residents about the findings of dangerous levels of formaldehyde fumes in many occupied FEMA trailers. The CDC said fumes from 519 …
Standard & Poor’s Ratings Services has placed its ‘AA’ rating on BluePoint Re Ltd., its ‘AAA’ rating on Channel Reinsurance Ltd., and its ‘AAA’ rating on RAM Reinsurance Co. Ltd. on CreditWatch with negative implications. Ratings on the companies’ related …
Another wave of tornadoes materialized in the Deep South over the weekend and this time, in Prattville, Ala., several businesses on a commercially populated boulevard were severely damaged, according to a Department of Insurance spokesman. Ragan Ingram of the Alabama …