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Arthur J. Gallagher Acquires Ottawa’s Dickinson & Associates 27 Aug 2013 | 05:24 pm
Arthur J. Gallagher & Co. said it has acquired Dickinson & Associates Inc., an employee benefits brokerage in Ottawa, Ontario Terms of the transaction were not disclosed. Founded in 1998, Dickinson & ...
Moody’s Expects Commercial P/C Rates to Continue Rising in 2013 27 Aug 2013 | 01:00 pm
Moody’s said it expects U.S. property/casualty (P/C) insurance rates to continue to rise during the remainder of 2013 for the major commercial lines, following significant rate increases for 2012. Thi...
Four Latin American Nations Agree to Remove All Trade Tariffs 27 Aug 2013 | 06:54 am
Mexico, Colombia, Peru and Chile said on Monday they had wrapped up negotiations to remove all trade tariffs between them, cementing a bloc that the four hope will encourage free trade between Latin A...
Poms Expands Northern California Office, Launches Construction Practice 27 Aug 2013 | 03:41 am
Poms & Associates Insurance Brokers Inc. has expanded to a new 20,000-square-foot office space in Northern California and launched its construction risk practice. The new practice will offer insurance...
Zurich Insurance CFO Wauthier Found Dead 27 Aug 2013 | 01:42 am
Zurich Insurance Group AG, the biggest Swiss insurer, said Chief Financial Officer Pierre Wauthier was found dead at his home this morning. The police are investigating the exact circumstances of his ...
OceanPoint Insurance Appoints Account Executive in R.I. 27 Aug 2013 | 01:03 am
Middletown, R.I.-based OceanPoint Insurance Agency announced the addition of Douglas Guilbert as a new account executive. He will be based in the agency’s Barrington, R.I., office.In his new role, Gui...
Cooper Gay Re North America Appoints Managing Director in New York 27 Aug 2013 | 12:46 am
Cooper Gay Re North America appointed Norman Gayle as managing director. He joins the executive team working from the head office in downtown New York. He and his team will focus on production and str...
AIG to Get $905 Million From Brookfield to End Rate-Swap Dispute 26 Aug 2013 | 10:29 pm
American International Group Inc., the insurer that repaid a U.S. rescue last year, agreed to accept $905 million from Brookfield Asset Management Inc. to resolve a dispute tied to interest-rate swaps...
Massachusetts High Court Rules for Horace Mann in Policy Reformation Case 26 Aug 2013 | 10:05 pm
The Massachusetts Supreme Judicial Court, the state’s highest court, recently ruled in favor of an insurance carrier in a case involving a mutual misunderstanding by both the homeowners policyholder a...
Report: Unsafe Welding Led to Fatal Gulf Accident 26 Aug 2013 | 09:50 pm
A report for a Texas-based company says a deadly 2012 explosion on its Gulf of Mexico oil platform off the Louisiana coast happened when workers for a subcontractor used unsafe welding practices. The ...
