All News articles – Page 425
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Online onlyFlorida Commissioner bans Allstate
McCarty cites Allstate’s “blatant disregard” after the insurer submits objections to subpoenas
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Allstate ratings unaffected by Florida suspension
The suspension follows allegations that Allstate did not comply with a subpoena to testify about its rate increases
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MetLife in second $1bn stock repurchase
Company annouces intentions to buyback second round of $1bn in common stock
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113 subprime lawsuits launched
Advisen report reveals 113 lawsuits filed to date in relation to subprime crisis
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Batchelor to head Marsh in EMEA
Succeeds Alex Moczarski who has been promoted to head of international division
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Online onlyGuy Carp to open Prague office
Lubos Houska will be a Czech market representative for Guy Carpenter Central and Eastern Europe
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AIG winds up sidecar
Moody's withdraws ratings on Concord Re; sidecar terminated following benign weather
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Paris Re to return CHF450m to shareholders
Return of capital will be made by reducing the value of each Paris Re share
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IFEX cuts margins to $500
Reduces maintenance margin on its US Tropical Wind Event Linked Futures contracts to $500 per $10,000 contract
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Marsh warning on plea bargains
US-style plea bargains raise indemnity and D&O exposures, warns broker
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Aon leads way in electronic placing
Pays tribute to brokers and underwriters for breakthrough renewal season
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ACORD unveils new chair
John Leonard, CEO of MEMIC, will start his second term as chair of board of directors
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Randall & Quilter form new reinsurer
R & Q Re (Bermuda) Ltd will provide intra-group reinsurance
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New TRIA praised by Moody's
Report says the Terrorism Risk Insurance Program Reauthorization Act of 2007 provides industry with "certainty"
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Alea in run-off deal
Commutes all exposures to unnamed company; reveals $8.8m loss for Q4 2007
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New senior VP for Endurance
Win Hotchkiss joins capital markets team at Endurance Worldwide
