INSURANCE INDUSTRY NEWS Courtesy of The Insurance Journal
Latest Top (25) News
The Hartford Hires Chartis U.S. Underwriting Chief Tucker Hartford Financial Services Group announced three senior management appointments, including Tom Tucker as chief underwriting officer of commercial markets and head of specialty casualty. He will start his post at The Hartford on February 27. He will report to Doug …
Wed, 22 Feb 2012 18:57:27 +0000 EU Seeks Legal Opinion on Global Copyright Pact The European Union’s executive said on Wednesday it would refer a disputed global agreement to tackle online piracy to the bloc’s highest court to check whether it complies with EU fundamental rights. The Anti-Counterfeiting Trade Agreement, which also aims to …
Wed, 22 Feb 2012 18:46:40 +0000 Anti-Piracy Group SOS SaveOurSeafarers Welcomes UK Gov’t. Support SOS SaveOurSeafarers has issued the following statement following a conference in London on Somali piracy, organized by the UK’s Foreign & Commonwealth Office, held at the London headquarters of the International Maritime Organization (IMO). Giles Heimann, Chairman of the Group …
Wed, 22 Feb 2012 18:16:19 +0000 Belgian Gov’t. Names Former FERMA President Dequae to Dexia Board The Government of Belgium has appointed Marie Gemma Dequae, currently a scientific advisor to the Federation of European Risk Management Associations (FERMA) and a past president of the federation, as an independent director of Dexia Bank Belgium and its subsidiary …
Wed, 22 Feb 2012 18:03:09 +0000 Best Assigns ‘A-’ Ratings to Assurances Mutuelles de France A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-’ (Excellent) and issuer credit rating of “a-” to Assurances Mutuelles de France (AM), both with stable outlooks. AM is a mutual reinsurer member of Covéa, …
Wed, 22 Feb 2012 18:00:09 +0000 OneBeacon Completes Sale of AutoOne Business to New York’s Interboro OneBeacon Insurance Group said today it completed the sale of its AutoOne business to Interboro Holdings Inc. of of New York. The transaction, which was announced on Aug. 31, 2011, included AutoOne Insurance Company and AutoOne Select Insurance Company, along …
Wed, 22 Feb 2012 17:44:04 +0000 2 Virginia Localities Declared Primary Disaster Areas Isle of Wight County and the city of Suffolk in Virginia have been declared as primary disaster areas because of damage caused by excessive heat, storms and excessive rainfall in 2011. The Virginia Department of Agriculture and Consumer Services said …
Wed, 22 Feb 2012 17:31:20 +0000 Louisiana Rig Worker Settles with BP Over Explosion A Louisiana woman who was a cook on the BP PLC-leased drilling rig that was rocked by a deadly explosion in 2010 has settled her personal-injury claims against the oil giant and other companies involved in the disaster. Oleander Benton’s …
Wed, 22 Feb 2012 17:21:23 +0000 N.Y.-based USI Insurance Services Acquires The Pinnacle Group USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., acquired most of the assets of The Pinnacle Group. Based in Virginia Beach, Va., Pinnacle is a full-service employee benefits consulting firm specializing in middle-market business …
Wed, 22 Feb 2012 17:15:29 +0000 Iowa Judge Orders Porn Site to Pay $4M In Piracy Case A judge in has ordered the operators of a popular pornographic website to pay $4 million for copyright infringement to an Iowa-based adult film company – a ruling that should serve as a deterrent to others who pirate content online, a …
Wed, 22 Feb 2012 17:08:36 +0000 Grade California Insurance Commissioner Dave Jones Insurance Commissioner Dave Jones marked his first full year in office last month by looking back on his and the California Department of Insurance’s accomplishments during 2011. Insurance Journal wants to know from those in the industry: Is Jones an …
Wed, 22 Feb 2012 17:00:03 +0000 Cellphone Driving Ban Nets 27 Violators in Helena Police in Helena say they have issued 27 citations in a little over a month following a cellphone ban making it illegal to use hand-held electronic devices while driving or bicycling within city limits. Lt. Steve Hagen told the Independent …
