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Siegel Elected as President of the Independent Insurance Agents of Georgia

Andy N. Siegel, president of Siegel Insurance, Inc., a Trusted Choice insurance agency in Atlanta, was installed as president of the Independent Insurance Agents of Georgia, Inc. (IIAG) on June 13, during the association’s 118th Annual Meeting and Convention in … Continue reading

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Young Named Associate of the Year by Texas Agent Association

The Independent Insurance Agents of Texas (IIAT) named Wes Becknell, business development officer at AFCO in La Vernia, as its Young Associate of the Year. The award recognizes a young associate member of IIAT who demonstrates exceptional service to the … Continue reading

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Beazley Launches Business Travel Insurance in Australia

Specialist insurer Beazley has launched its first international business travel insurance product in the Australian market. Beazley Corporate Travel Insurance will be offered to Australian brokers and coverholders. Beazley Corporate Travel Insurance provides specialist cover for business travelers, such as overseas … Continue reading

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XL Catlin Appoints Plessis as Head of Emerging Markets

XL Catlin announced the appointment of Brendan Plessis to the newly created role of head of emerging markets. In this new position, Plessis will lead the development of emerging market strategies, partnering with business leaders across XL Catlin to explore … Continue reading

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Quartet of crises threatens Europe’s core

By Paul Taylor BRUSSELS (Reuters) – Four great crises around Europe’s fringes threaten to engulf the European Union, potentially setting the ambitious post-war unification project back by decades. The EU’s unity, solidarity and international standing are at risk from Greece’s … Continue reading

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Reinsurance Industry Faces an Uncertain Future as Time Moves on

It’s around two months until the annual Reinsurance Rendezvous in Monte Carlo, where the reinsurers, brokers, carriers, lawyers, accountants and cat modelers discuss the state of their industry. That industry, until recently a rock solid bastion of the “we do it … Continue reading

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DuPont Transfers Pollution Liabilities for 171 Sites to New Company Chemours

When DuPont Co. announced plans to spin off its major chemical operations in October 2013, it said the move would create a cash-generating dynamo with the leading market share in most of its businesses. The spinoff would let DuPont focus … Continue reading

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Willis 1st View Reinsurance Report on Pricing Finds some Stabilization

According to the latest 1st View Renewals Report from Willis Re, the relentless “period of rate reductions” in reinsurance pricing shows signs of softening with “early signs” of price stabilization ”beginning to emerge in peak property catastrophe zones.” The report … Continue reading

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BP to Pay $18.7B Over 18 Years to Settle Spill Claims with 5 States, U.S.

BP Plc has agreed to a preliminary deal in which it will pay a record $18.7 billion to settle claims by five Gulf states and the U.S. government for the 2010 Deepwater Horizon oil spill, the worst oil spill in … Continue reading

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Never mind Greece, Europe will beat the U.S.: Strategist

Uncertainty about Greece has shaken European markets. However, they are still well ahead of the U.S. this year. And one strategist sees now as a time to jump into European stocks. The past month has been a rollercoaster ride for … Continue reading

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