Archive for November, 2011
Former Aviva director Kitson helps Hodges at Towergate
Former Aviva marketing director John Kitson lends a hand to Towergate
Brokers warned on compliance after FSA fines rogue broker
Brokers warned about having proper controls in place after rogue broker is banned and fined
Hiscox London Market promotes two
Appointments follow departure of David Bruce
Catlin and China Re launch new Lloyd’s syndicate
Sidecar syndicate will reinsure Catlin
THB takeover gets 55% shareholder approval
Deal needs 75% acceptance to go through
Omega buys more reinsurance as losses mount
Haverford deal awaiting final regulatory approvals
Hastings launches enhanced car and bike policies
Hastings Premier includes add-ons such as legal protection
Ohio-based Business Jet Operators Sue IRS over Ticket Tax
A group of Ohio-based private business jet operators is suing the Internal Revenue Service for $643 million, saying the government wrongly applied a ticket tax meant for commercial passengers only. The lawsuit in U.S. District Court in Columbus by four …
Former Oklahoma Insurance Agent Begins Prison Term for Fraud
A Stigler, Okla., woman, a former insurance agent, has begun serving time in prison for insurance-related crimes uncovered earlier this year, the Oklahoma Insurance Department announced. Oklahoma Insurance Commissioner John D. Doak revoked the insurance license of Amanda Jean Burgess …
Hallmark Sued for Michigan House Fire Linked to Snow Globe
An insurance company is seeking $1.8 million from Hallmark Cards and another company over a defective snow globe blamed for a fire that destroyed a Michigan home. The Jumbo Snowman snow globe was recalled in 2008, weeks after a fire …