Claims
Hardy makes Bermudian appointment
The Company is pleased to announce the appointment of Paul Bailie as Managing Director of Hardy Bermuda Limited, the group's Managing General Agent in Bermuda.
AIG unit United Guaranty appoints new CEO
AIG's mortgage guaranty insurer United Guaranty has appoint Eric Martinez Jr as its new chief executive.
Reinsurance rates up 10-15% at 1/6 - Aon Benfield
Aon Benfield, the (re)insurance broker, has said that reinsurance renewals at June 1 rose 10-15%.
MMC unit sells business
Kroll, the risk consulting arm of Marsh & McLennan, said it has sold its US government security clearance screening business, Kroll Government Services, to private equity firm Veritas Capital for an undisclosed sum.
Insured value of crashed Air France plane said to be nearly $100m
The value of the Air France plane which vanished over the Atlantic may have been nearly $100m, sources told Reinsurance.
Loss adjuster unveils new Irish office
Merlin Professional Claims Services has opened a new regional office in Clarendon Dock, Belfast as part of its strategy to create up to 10 regional offices at key locations across the UK. Similar regional offices have recently opened in Leeds, Warrington…
Texas politicians unanimously approve windstorm compromise
The Texas House unanimously approved a compromise on a windstorm insurance system overhaul Sunday night, the Houston Chronicle has reported.
Florida reinsurance renewals at 1/6 up by 15%, but still lower than expected
Florida reinsurance rates jumped by a lower-than-expected 15% at the June 1 renewals.
Exit strategies
Commutation
Care costs conundrum
Catastrophic Personal Injury
Equitas solution for Lloyd's Names
Equitas has confirmed plans for the final step toward achieving its objective of delivering finality...
AM Best turns gloomy on Mapfre subsidiary
A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of A+ (Superior) and issuer credit rating (ICR) of "aa-" of Mapfre Re, the reinsurance subsidiary of Spanish (re)insurance giant Mapfre (Spain)...
Tightening of the reinsurance market expected - MMC
A further tightening of the market is anticipated as the Florida property-catastrophe reinsurance renewal comes to a close at June 1, with rates expected to be slightly higher than the 13-to-14% increase experienced at April 1, a panel of experts from…
New York Insurance Dept chief to resign
Governor David A. Paterson has said that the Superintendent of the New York State Insurance Department, Eric R. Dinallo will resign his position and become the Henry Kaufman Visiting Professor of Finance at New York University's Stern School of Business.
Argo brings over senior underwriter from Markel
Argo Pro, a specialty professional underwriting division of Bermudian (re)insurer Argo Group's Excess & Surplus Lines segment, said that Mark Brown has come on board as vice president of its environmental department.
AIG to sell shareholding in Transatlantic Re
Transatlantic Re has said that AIG and its subsidiary American Home Assurance Company have decided to sell their share in the US (re)insurance giant.
Pension cuts are unpopular
Scrimping on pension contributions is the most unpopular route to cutting company costs among both s...
Confusion reigns over dangerous dogs laws
Whippey v Jones (Court of Appeal - 8 April 2009)
Day workers still employed
R v Pola (Court of Appeal - 7 April 2009)
Transparency is needed
I write in connection with the headline story in Post, 14 May 2008. Let there be no mistake, for ma...
Pleural plaque case begins
Four insurance companies this week appeared at the Court of Session in Edinburgh to kick start their...
MoJ: Contingency fee clampdown
The Ministry of Justice has pledged to clamp down on contingency fee arrangements in employment trib...
Common sense over consumer protection
Office of Fair Trading v Foxtons Ltd (Court of Appeal - 2 April 2009)
Held in conjunction with Plexus Law
Catastophic Personal Injury Briefing