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11 06, 2015

2014 Houston Ship Channel Collision, Spill Blamed on Tugboat

By | June 11th, 2015|Recent Articles|Comments Off on 2014 Houston Ship Channel Collision, Spill Blamed on Tugboat

A tugboat captain’s decision to try to beat a cargo ship into the Houston Ship Channel is the probable cause of a 2014 collision that spilled 168,000 gallons of oil that drifted up to 200 miles down the Texas Gulf …

The article 2014 Houston Ship Channel Collision, Spill Blamed on Tugboat appeared first on Insurance Journal.

22 04, 2015

Greenberg Wants State’s High Court to Nix New York AG’s Fraud Case

By | April 22nd, 2015|Recent Articles|Comments Off on Greenberg Wants State’s High Court to Nix New York AG’s Fraud Case

In a last-ditch effort to avoid trial, former American International Group Inc Chairman Maurice “Hank” Greenberg is seeking permission to ask New York’s highest court to throw out the accounting fraud case against him. Greenberg, who turns 90 next month, …

The article Greenberg Wants State’s High Court to Nix New York AG’s Fraud Case appeared first on Insurance Journal.

11 06, 2015

Guy Carpenter Names Summers as Head of International Facultative Re

By | June 11th, 2015|Recent Articles|Comments Off on Guy Carpenter Names Summers as Head of International Facultative Re

Guy Carpenter & Company announced that Paul Summers will be joining the company as managing director and head of International Facultative Reinsurance, following completion of his current contractual notice period. He will assume this role from Massimo Reina, who will …

The article Guy Carpenter Names Summers as Head of International Facultative Re appeared first on Insurance Journal.

22 04, 2015

Insurers Declare Catastrophe for Storm Battered Parts of New South Wales

By | April 22nd, 2015|Recent Articles|Comments Off on Insurers Declare Catastrophe for Storm Battered Parts of New South Wales

The Insurance Council of Australia (ICA) this morning declared a catastrophe for storm-affected parts of New South Wales [NSW], in particular the Central Coast, Hunter, Greater Sydney Metropolitan and Illawarra regions. The ICA said that “as of 7am insurance companies …

The article Insurers Declare Catastrophe for Storm Battered Parts of New South Wales appeared first on Insurance Journal.

11 06, 2015

Reyes, Angehrn in New Posts on Zurich’s Group Executive Committee

By | June 11th, 2015|Recent Articles|Comments Off on Reyes, Angehrn in New Posts on Zurich’s Group Executive Committee

The Zurich Insurance Group announced that Cecilia Reyes, currently Chief Investment Officer and Regional Chairman of Asia Pacific, will become Chief Risk Officer, effective July 1, 2015, succeeding Axel P. Lehmann. Urban Angehrn, currently Head of Alternative Investments, will become …

The article Reyes, Angehrn in New Posts on Zurich’s Group Executive Committee appeared first on Insurance Journal.

9 06, 2015

BHSI Launches Liability Policy for Canadian Pension & Benefit Sponsors

By | June 9th, 2015|Recent Articles|Comments Off on BHSI Launches Liability Policy for Canadian Pension & Benefit Sponsors

Berkshire Hathaway Specialty Insurance (BHSI) has introduced Executive First™ Fiduciary Liability Insurance, a new policy designed to provide straightforward, up-to-date protection for Canadian sponsors of large pension and benefit plans and their directors, officers and employees. “Our Executive First™ Fiduciary …

The article BHSI Launches Liability Policy for Canadian Pension & Benefit Sponsors appeared first on Insurance Journal.

11 06, 2015

Gerhardt Appointed to Tokio Millennium Re Board

By | June 11th, 2015|Recent Articles|Comments Off on Gerhardt Appointed to Tokio Millennium Re Board

Tokio Millennium Re (TMR), the Zurich-based global reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance Co. Ltd., announced that Hans-Peter Gerhardt has been appointed to its Board of Directors as an Independent Non-Executive Director. TMR’s Board Chairman Ian …

The article Gerhardt Appointed to Tokio Millennium Re Board appeared first on Insurance Journal.

21 04, 2015

Judge to Hear Closing Arguments in Greenberg’s Case Against AIG Bailout

By | April 21st, 2015|Recent Articles|Comments Off on Judge to Hear Closing Arguments in Greenberg’s Case Against AIG Bailout

Closing arguments are scheduled for Wednesday in the U.S Court of Federal Claims in Washington, D.C. in a lawsuit challenging the 2008 government bailout of American International Group (AIG). The suit was brought by Starr International Co. and its CEO …

The article Judge to Hear Closing Arguments in Greenberg’s Case Against AIG Bailout appeared first on Insurance Journal.

22 04, 2015

Miami Pop Artist Britto Charges Apple with Copyright Infringement

By | April 22nd, 2015|Recent Articles|Comments Off on Miami Pop Artist Britto Charges Apple with Copyright Infringement

Artist Romero Britto is suing Apple Inc. and a design firm in Miami federal court, accusing them of misusing his color-splashed images and distinctive style in marketing campaigns. The lawsuit seeks unspecified damages from Cupertino, California-based Apple and the design …

The article Miami Pop Artist Britto Charges Apple with Copyright Infringement appeared first on Insurance Journal.

9 06, 2015

MarketScout Adds Thompson in Dallas

By | June 9th, 2015|Recent Articles|Comments Off on MarketScout Adds Thompson in Dallas

Insurance distribution and underwriting company, MarketScout, has hired Kirt Thompson as its new claim services manager. Thompson is based in the corporate office in Dallas. Prior to joining MarketScout, Thompson served as the corporate workers’ compensation manager for one of …

The article MarketScout Adds Thompson in Dallas appeared first on Insurance Journal.