Cummings Named Senior Vice President for CCBSure Program
Maryland-based RPS-ISG International has appointed Estelle Cummings as the company’s area vice president of sales for its CCBsure technology program. Cummings oversees new business …
Liberty International Underwriters Restructures U.S. Specialty Casualty Unit
Liberty International Underwriters (LIU), a division of Liberty Mutual Group, restructured its U.S. Specialty Casualty unit. The following organizational changes are effective immediately: Carl …
AIG Asks Financial Product Employees to Take Retention Pay Cut
American International Group Inc.
Markel Selects Wilson to Direct International Development
Markel International has appointed Simon Wilson to the role of director, international development. He joins Markel International from Lloyd’s.
Worldwide Facilities Adds Assistant VP, Broker
Worldwide Facilities Inc. has added John Matthews as assistant vice president and Debra Kaser as broker in its Irvine, Calif.,
Markel International Appoints Davies as Marine, Energy Underwriter
Markel International has appointed Tom Davies as liability underwriter in the insurer's Marine and Energy Division. Davies has eight years of experience in marine and energy insurance and has …
Louisiana AG Sues Chinese Drywall Manufacturers and Distributors
Louisiana Attorney General Buddy Caldwell filed suit in Orleans Parish against multiple Knauf entities, other international and domestic manufacturers, distributors, importers of alleged toxic …
Marsh Names Macey-Dare Leader Int’l. Political Risk, Structured Credit
Marsh has appointed Julian Macey-Dare as International Leader of its Political Risk and Structured Credit Practice, based in London. He will “drive new business opportunities for Marsh’s …
New York Insurance Department Names Fritsch Deputy
New York State Insurance Superintendent James J.
New York Insurance Department Names Fritsch Deputy
New York State Insurance Superintendent James J. Wrynn announced that Joseph Fritsch has been named deputy superintendent for Accounting and International Affairs. Fritsch was most recently the …
EU Presses IMF to Support Financial Transaction (Tobin) Tax
The European Union increased pressure on the International Monetary Fund on Friday to consider a global tax on financial transactions to limit the risk of another economic crisis. In a draft …
One-Fourth of U.S. Adult Healthcare Costs Tied to Disabilities
Just over one-quarter of U.S. adult health care spending was associated with disability in 2006, according to a new study by researchers at RTI International and the U.S. Centers for Disease …
Validus Appoints Senior Construction, Engineering Underwriters at Talbot
Bermuda-based Validus Holdings, Ltd. announced that its wholly owned subsidiary, Talbot Underwriting, Ltd., is expanding its presence in the international Construction and Engineering market with …
AIG Further Cuts Debt Owed U.S.; Readies Global Life Units for Sale
American International Group, Inc. (AIG) today
Aon Says Satellite Operators to Benefit from Insurer Profitability in 2010
Aon’s International Space Brokers has reported that space insurers are expected to generate more than $400 million in profit for 2009, provided there are no claims before the end of the …
AIG, Ex-CEO Greenberg Settle Disputes
American International Group and former chief executive Maurice “Hank'' Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials …
Hoehne Joins Lockton Benefit Group in Minneapolis
Christine Hoehne has joined Lockton Benefit Group as an account executive in Lockton's International Benefit Services practice in
International Excess Opens Agriculture Business Division
International Excess, headquartered in Cleveland, Ohio, has launched a new division dedicated to crop, farm and livestock insurance. Chuck Gabel, divisional vice president of International …
Benmosche Denies He Might Leave AIG; ‘Totally Committed’ Says CEO
American International Group Chief Executive Robert Benmosche said on Wednesday he remains “totally committed'' to staying at the company, countering an earlier report that he was considering …
CEO Benmosche Believes AIG Employees’ Compensation Too Low
American International Group Inc.'s tough talking chief executive has reportedly threatened to quit, but the giant insurer, which is showing signs of life after its brush with bankruptcy last …
Moody’s: AIG Likely Able to Repay Government Bailout Funds
American International Group Inc. has made tangible progress on its restructuring plan and will likely be able to repay the government's loan and much of its preferred equity stake, Moody's …
Hub International Acquires Canada’s Mones Insurance Brokers
Chicago-based insurance broker Hub International Limited has acquired Mones & Associates Insurance Brokers Inc., one of the largest personal and commercial insurance brokers in western and …
AIG Posts $455 Million Q3 Net Income; Stabilization Continues
American International Group may be a shadow of its former self but for the second straight quarter it has posted a profit. AIG reported net income of $455 million. Third quarter 2009 …
International Association of Claims Professional Elects New Leadership
The Excess/Surplus Lines Claims Association has changed its names and elected a new slate of officers and directors. The organization is now known as the International Association of Claim …
AIX Group Offers Preferred Logistics Program
Connecticut-based specialty insurer AIX Group Inc.,has launched a Preferred Logistics program in partnership with International Excess Program Managers.
Newsome Joins U.S. RE in New York
Dan J. Newsome, has joined U.S.
ACE Names Talbott Executive Vice President – International Property
The ACE Group of insurance and reinsurance companies has announced the appointment of Derek Talbott as Executive Vice President, International Property. He will be responsible for the management …
ACE Supports Czech Children’s Charity
The ACE Group of insurance and reinsurance companies has announced the launch of an ACE Foundation
Gallagher Energy Opens Calgary Office
Arthur J. Gallagher International has opened a new office in Calgary, Alberta, Canada trading under the name Gallagher Energy Risk Services. Former Aon energy leader Scott Heighington will head …
Iowa Council of NAIW, International, Awards Members
The Iowa Council of NAIW, International, has named as Rookie of the Year, Sue Reichardt, with Insurance Associates of Greater Des Moines, and as Insurance Professional of the Year, Michele Sparks, …
