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  • (Re)insurers with US asbestos exposures will welcome an Illinois Supreme Court opinion on 16 April over proof of "causation" in cases alleging injury from the toxic material...
  • US property/casualty insurers are expected to pay homeowners and businesses an estimated $1.125bn for third-quarter property losses, according to preliminary analysis by ISO’s Property Claim Services (PCS) unit.
  • Aon Ltd has recruited ZFS executive Mark Chessher to become its chief financial officer later this year.
  • Jardine Lloyd Thompson Group plc (JLT) has settled its legal dispute with three of its former energy brokers for allegedly attempting to take a major client with them when they left.
  • RBS Insurance (RBSI) is overhauling its sluggish broker-only insurer NIG in a bid to cut costs and drive down its combined ratio, which compares poorly to the firm's other underwriting operations.
  • Lloyd's and Bermuda (re)insurer Omega Insurance Holding's offer for up to 50 percent of the 2010 capacity on its Lloyd's Syndicate 958, set to close on Thursday (2 July) has been relatively well received by members' agents and analysts alike.
  • Bermudian Everest Re faces the prospect of a ratings downgrade in the first quarter of 2009 after Standard & Poor's (S&P) moved on Friday (19 December) to place the reinsurer's counterparty credit and financial strength ratings on CreditWatch with negativ
  • The parent of disgraced broker Stirling Cooke Brown has applied for Chapter 11 bankruptcy protection while revealing that its largest creditor is London law firm Richards Butler. Richards Butler advised Stirling Cooke Brown in the marathon legal battle
  • US insurance giant Chubb raised its outlook for full-year earnings after its Q2 results beat Wall Street expectations.
  • Eric Dinallo is on course to follow in the steps of his former boss Eliot Spitzer with a run at the position of New York attorney general.