Archive for March, 2009
Arizona’s Wildfire Season Poses Many Risks for Homeowners
As the drought in the Southwest worsens, the wildfire season in Arizona grows longer, burning more acreage and threatening private property in forested areas.
“The Arizona State Forestry …
TransUnion expands retail knowledge base with appointment of leading expert
Paul Yon - TransUnion’s Analytic and Decision Services division has recently employed leading retail credit and consumer finance industry expert Paul Yon.
Fun After Life Insurance? Sure!
I finally got my wife to look the other way while I jumped out of an airplane for my 54th birthday. She’s always so nice about asking me what I want for my birthday, and for the past 5 years I had<a
been telling her I wanted to try skydiving and that would be a […]
IMA Foundation Names Clark Executive Director
Denver-based IMA Financial Group Inc., a diversified financial services company specializing in insurance, asset and risk management with 450 employees and offices in six markets nationwide, …
Oliver Joins Momentous Insurance Brokerage Inc.
Van Nuys, Calif.-based Momentous Insurance Brokerage Inc. amnnounced that David Oliver, former managing director of the Entertainment practice of a large Los Angeles-based insurance brokerage, …
ABI urges G20 against draconian regulation
The Association of British Insurers (ABI) has warned against the dangers of an excessively stringent regulatory framework being agreed upon at the forthcoming G20 summit in London.
Director general Stephen Haddrill has described the UK’s financial services future as being on a knife edge.
With the UK as a leading world insurer employing 309,000 people and financial […]
LGIM appoints Carter as non-executive director
Legal & General Investment Management (Holdings) Limited (LGIM) has announced that it has appointed Kevin Carter as a non-executive director.
Carter joins the firm from JPMorgan Chase where he occupied the post of managing director within the EMEA Global Pensions Advisory.
Earlier in his career he spent a five year stint with Watson Wyatt, where he held […]
Faber and Dumas appoint chief operating officer and finance director
Third party wholesale insurance group Faber and Dumas have named Nigel Cotton as chief operating officer and finance director.
Cotton, who assumes his two roles with immediate effect, will report directly to chief executive officer Steve Hearn.
He also retains his present position as finance director of independent company Glencairn.
In joining Faber and Dumas he brings with […]
Aviva’s credit rating cut
Concerns over Aviva Plc’s exposure in the financial markets have led Standard & Poor’s (S&P) to cut the insurer’s long-term counterparty credit rating from “A” to “A+”.
The ratings agency has maintained the “AA-” long-term counterparty credit and insurer financial strength ratings on Aviva’s core insurance operating subsidiaries (including Aviva International Insurance) plus a “negative” outlook.
The […]
Alaska’s Volcano Erupts More Than 10 Times
Mount Redoubt Volcano, 106 miles southwest of Anchorage, Alaska, erupted explosively more than 10 times this week, sending ash skyrocketing as high as 65,000 feet into the air.
The eruption of …