Manchester Underwriting Management (MUM), a broker-only managing general agent, is to enter the international market as a part of the company's plan for expansion and will report to chief executive Charles Manchester. Headed by David ...
Tags: MUM, new division, London
Mortgage Guaranty Insurance Corporation's (MGIC) subsidiary MGIC Indemnity Corporation (MIC) has satisfied all conditions for Freddie Mac approval to continue as a limited mortgage insurer through 31 December 2013. The conditional ...
Tags: mortgage guaranty, insurance, indemnity, mortgage insurer, FHFA
Collegiate Underwriting has launched a new Professional Indemnity underwriting facility with Canopius, through its Syndicate 4444, replacing Hiscox Insurance Company. The new deal will cover most UK based SME general and miscellaneous ...
Tags: Collegiate Underwriting, indemnity underwriting, underwriting facility
US specialty insurance company RLI has acquired Rockbridge Underwriting Agency, which is a general agency specializing in medical malpractice insurance. RLI chairman & CEO Jonathan Michael said the deal will enable the company to tap ...
Pennsylvania-based Erie Indemnity (ERIE) has appointed Robert Ingram III as its new executive vice president and chief information officer (CIO), effective from 13 August 2012. Ingram, in his new role will oversee the ongoing design of ...
Tags: Erie Indemnity, Robert Ingram III, insurance, insurance company
Japan's government is likely to provide insurance for tankers that import Iranian oil to Japan in the wake of the European Union sanctions on Iran in July 2012. The Nikkei business daily was cited by Reuters as reporting that it is ...
Tags: Japan, liability exposure, oil imports, Iran
UK-based Secure Legal Title has registered at Lloyd to offer legal indemnity and title insurance for commercial property in the UK and across Europe. Underwritten by Lloyd's, the Secure Legal Title Cover provides protection against losses ...
Tags: legal indemnity, title insurance, commercial property, insurance
RLI, a property and casualty insurance firm headquartered in Peoria, Illinois, US, has named two directors to its board, bringing the total number of directors to 11. The insurer said that its president & chief operating officer Michael ...
Tags: RLI, management board, insurance, RLI director
Global Indemnity (GBLI) has appointed John Howes to the board of directors, which has already come into effect from 16 July 2012. Howes began his career with JH Minet & Co., a Lloyds of London Broker, and moved to Minet Holdings to assume ...
Tags: GBLI, John Howes, board of director, insurance, broker
Another point of contention is what government costs would be under the two programs. Secretary of Agriculture Tom Vilsack argues that supply management will be required. “Every time we get good prices, farmers increase production and ...
Tags: government costs, stocks, supply management
When in the past has LGM-Dairy paid?Between 2002 and 2011,policies purchased in October paid an indemnity four times using the zero deductible.The years are 2002,2005,2008 and 2009.The$1.00 deductible paid off in 2005 and 2008.2012 ...
Tags: LGM-Dairy, policy, total indemnity paid, government premium subsidy
Clal Insurance Enterprises, a subsidiary of IDB Holding, controlled by Nochi Dankner, has signed an agreement with National Indemnity Company, a subsidiary of Berkshire Hathaway, controlled by Warren Buffet, for the sale of wholly-owned ...
Industrial Alliance Insurance and Financial Services have inked a deal to offload by way of indemnity reinsurance and assumption reinsurance, all its US fixed annuities and accumulation riders to Security Benefit Life Insurance and ...
Tags: Industrial Alliance Insurance, Financial Services, indemnity reinsurance
According to Yengst Associates and as indicated in the table below, growth in sales for tractors was about 2 percent in 2011 and it is expected to gain another 2 percent in 2012, with total tractor sales reaching just under 200,000 units ...
Tags: market view, Farm Equipment
White Mountains Solutions Holding Company has signed a definitive agreement with American International Group, for purchase of two subsidiaries of American General. As part of the agreement, White Mountains Solutions, a specialist runoff ...
Tags: White Mountains, Holding Company, definitive agreement